Tag: Factoring
removing a tax lien

Funding Through an IRS Tax Lien Against Your Business

When your business forgets or cannot afford to pay taxes to the IRS, they can file a lien against your company. What is a tax lien? It’s a government claim on your assets over other creditors. Failing to file on time and failure to pay your…

how does a factoring buyout work

Here Is How a Factoring Buyout Works

If you are currently with another factor and looking to transition to Eagle Business Credit, we will be happy to help you with this buyout process. It may seem intimidating to switch factoring companies when your funding is on the line. However, it is a simple…

factoring terms definitions

Factoring Glossary

Invoice factoring can use some complex language the the average small business owner does not usually encounter on their day-to-day operation. When communicating with our clients or their customers we strive for transparency and simplicity. Below is a glossary of the common terms used in the…

what is a factoring loan

What Is a Factoring Loan?

If you have searched for online loans to support your small business, you have probably come across a “factoring loan.” It is a bit of a misnomer, since factoring is not a loan. Factoring, short for invoice factoring, is a funding method that pays your business…

Invoice Factoring Services in Norcross GA

Financing Women-Owned Businesses

More women are becoming entrepreneurs. According to the Census Bureau’s Annual Business Survey, there is an increase in the amount of women starting their own businesses. Notably, there are over 12 million women-owned businesses in America. This is promising news, however there is still a large…

small business invoice financing

Business Essentials: How to Create a Business Invoice

This is Part 1 of a Business Essentials Series: Part 2 If you are a business selling to other businesses on credit terms, you will be issuing invoices. At minimum, a business invoice details: what you are selling, how much you are selling it for, when you…

PPP loan program small business funding

Small Business PPP Loans Made Easier with Factoring

Small businesses are applying for PPP Loans, and they can still get factoring. In fact, it’s easier. There have been new rules with the Paycheck Protection Program, and there is a second draw of PPP loans available to business owners. We encourage businesses that need the…

choose factoring financing right now

Why Choose Factoring Right Now for Small Business Financing?

Below is a transcript of this segment of #TheMoneyFactor. Some parts have been edited for clarity. Here is why factoring is a good fit for small business financing right now. Factoring as a Cash Flow Fit Why is factoring such a good fit for small business…

working capital loans for small business

What Are Working Capital Loans?

What are working capital loans for your business? Every business, small, medium, or large needs working capital. It is the finance fuel that helps you maintain and grow your business. Working capital covers your payroll and all your business expenses, whether it is a line of credit or a different…

importance of working capital management

How to Improve Your Business Cash Flow

There are so many reasons why you need to improve your business cash flow. It takes money to make money, so you need to have cash on hand to afford supplier costs, labor costs, overhead, and marketing. When it comes to growing your business, you need…