business credit services

Avoiding Unnecessary Business Costs

Growing businesses can find themselves strapped for cash. This is because expansion means rising costs in overhead, supplies, and payroll. 82% of business failures are caused by cash flow, so it’s important to trim down the unnecessary costs of business. Even running a lean operation, chances…

increasing employee retention

How To Increase Employee Retention:

Employee retention is increasingly important to businesses both large and small. With low unemployment rates, companies are competing for both attracting and retaining top talent. It costs an average of 33% of an employee’s salary to find a replacement, and it can increase to 50% when…

miss mca repayment

What Happens if You Miss an MCA Repayment?

Missing a repayment on an MCA may seem like the end of the world. Many cash advance companies structure their repayments to be daily or weekly. This will drain a small business’ cash flow and make it harder to make the repayments over time. What does…

paying on credit terms

What Is Invoice Finance?

What is invoice finance? Why choose invoice finance? Who offers invoice finance? How do you set up invoice financing? What is Invoice Finance? Invoice financing, or invoice factoring, is a way to fund your business besides a bank loan. In essence, invoice financing gives immediate payment…

recession incoming

Online Lending During a Recession

There is a lot of discussion about online lenders and the inevitable upcoming recession. While many online lenders are willing to take risks in lending to businesses currently, these risks will be far and few between as a recession sets in. The 2008 recession saw bank…

thumbnail image of mca loans vs. invoice factoring

The Difference Between an MCA Loan and Invoice Factoring

For many small business owners merchant cash advances or MCA loans pose a tempting offer of quick business financing. Unfortunately, an MCA comes at a high cost and often damages your cash flow through frequent withdrawals. When cash flow is the lifeblood of your business, it…

#TheMoneyFactor Episode 19

3 Tips on Choosing The Right Factoring Company | #TheMoneyFactor EP19

Three top tips for choosing the right factoring company for your business that’s what we’re talking about today on The Money Factor. Hi I’m Ian Varley, CEO of Eagle Business Credit. Welcome to #TheMoneyFactor where we talk about business issues, and we get your money questions…

strategies for working capital funding

How Invoice Factoring is Quick and Smart for Your Business:

Invoice factoring is a fast method of financing for small business owners. Not all fast business funding options are good options. Often they can be expensive, have poor repayment terms, or provide insufficient funding for your needs. Invoice factoring is unique in that it offers growth…

invoice factoring companies

Apparel Purchase Order Financing

Running an apparel company typically involves buying the supplies to make the apparel, making and delivering the apparel, then waiting for agreed upon credit terms before receiving payment. This means that during the 30 to 90 days you are waiting for client payment, your available funds…

growth plateau

How To Push Past Growth Plateaus

Causes of Plateau Business plan ill-equipped to support growth Lack of Personnel Financial Constraints Market Competition Growth plateaus are common for any business. Typically, they are a part of the small business growth cycle: expansion, plateau, expansion. Prolonged plateaus could be indicative of a more serious…