Tag: credit
importance of working capital management

Understanding Credit Risk

Working capital management has a lot of components, but the most important part of managing your working capital is credit risk management. Business credit or trade credit is an important factor in running a small business. Selling to other businesses on credit terms affects cash flow…

when to send your customer to collections

Business Essentials: Collections

Do I Send My Client to Collections? The collections process for small businesses is a major resource drainer. It takes time, effort, and consistency to get paid on-time. When clients are waiting longer than a few days to pay open invoices, it will hurt your company’s…

invoice factoring no credit check

Invoice Factoring Bad Credit

Fast Business Funding With Bad Credit Finding a business loan for your new or growing company is hard enough. With all the financing options and each option promising to be the best for your business, it can be confusing to understand exactly what your business needs.…

Is Invoice Factoring Worth It?

As a small business owner, you are faced with endless options for business funding. You’ve probably considered a bank loan, a line of credit, an online loan, crowdfunding, bootstrapping, or even a merchant cash advance. Maybe you’ve even considered receivables funding like invoice factoring. There is…

#TheMoneyFactor Episode 009! Is there a recession coming? What are the warning signs?

  #TheMoneyFactor Episode 009! Is there a recession coming? What are the warning signs? Website: http://bit.ly/2Zhf1As Twitter: http://bit.ly/2Zcibp2 Facebook: http://bit.ly/2ZfO9AW Facebook: http://bit.ly/2Zim7EK LinkedIn: http://bit.ly/2ZiPwPs LinkedIn: http://bit.ly/2ZaTh9w THE BOWTIE ECONOMIST: https://econ70.com/ #IanVarley #TheMoneyFactor #EagleBusinessCredit #Recession Is there a recession coming? What are the warning signs? That’s what…

finding money for your business quickly

How to Find Money Quickly For Your Business

A traditional bank loan, a second mortgage, and a Small Business Administration loan are all great financing options for your new or existing business. The catch is the high standards for approval, personal liability, and the time it takes from application to first funding. What can…

customer nonpayment

Warning Signs Your Customer Could Be In Trouble

You’ve worked hard to make that sale. You’ve delivered the goods. Congratulations. It took effort to nurture that relationship. Now you need to get paid as otherwise you’ll be in trouble. You have bills to pay, and people rely on you. How do you get paid…

business credit services

Building Business Credit

Is your company’s business credit holding you back from the financing you need? Business credit is an important but frustrating part of having your own business. What Is Business Credit? Business credit is a lot like personal credit. Having a strong business credit score will open…

loans for small businesses

Why You Should Consider a Direct Lender for Your Business Loan

It can be a challenge to secure financial assistance for your business. A small business loan for a bank or other financial institution comes with a number of obligations and restrictions that can make it difficult to get the money you need to make your business…