Organize your financial standing Before you even begin the process of pursuing small business loans of any kind, you need to organize your finances. This means performing a thorough audit of every sale, contract, invoice, and expense that you have incurred. It’s also wise to get…
What is Inc. 5000? The list represents a unique look at the most successful companies within the independent small business segment. Microsoft, Dell, Pandora, LinkedIn, Yelp, Zillow, and many other well-known names were all former honorees. Eligibility for honoree consideration is reliant on revenue and growth.…
A shocking 20% of small business in the U.S. fail in their first year while a further 50% of the survivors fail in their fifth. For 82% of these businesses that go belly up, cash flow issues are the main reason for their downfall. In the race for survival, small…
Have an invoice that’s pending payment, but you can’t wait for the maturity date? You’re not alone. Countless businesses have this experience, and invoice factoring companies are here to help. In fact, almost 28.2 million small businesses operating in the United States can benefit from invoice…
FinTech, or technology across financial services, has turned the lending space on its head. Online lending companies within the FinTech category are growing in popularity. With this popularity comes industry disruption. But where does factoring fit in the discussion of FinTech and industry disruption? At Eagle…
Studies done on small businesses and their financial stability indicate that most of them (82%) fail due to extreme cash flow problems. However, the studies revealed that they have money in account receivables to be paid in 90 days by their customers. Much of the money…
Small and medium businesses are the backbone of the American economy. Statistics put small businesses, businesses with less than 500 employees, at about 99.7% of all businesses in America. With such a huge number, small businesses seem to be thriving all across the country. But this…
How can we predict a recession? Why am I hearing that there will be another recession soon? What can I expect from my business financing during a recession? How do I best prepare for a recession? How can we predict a recession? Well the short answer…
Small businesses aren’t always easy to run, but they play a big role in our economy and actually account for over 99% of all businesses throughout the country. Unfortunately, many fail due to problems with cash flow. If you are looking for ways to help your…
A company utilizes a factoring service for transactions involved selling a company’s services or account receivables to a financial company. The financing company collects payments from the businesses’ customers. This is also commonly known as accounts receivable financing. The reason why companies opt for using these…