Tag: Factoring
How Freight Bill Factoring Gets You Paid Faster

How to Factor Your Freight Bills

If you’re not currently factoring you’ve probably got some questions on the process. It’s simple. First of all, complete our startup kit and submit that to us with the supporting documents that we need. We can typically get you approved the same day or the very…

invoice factoring solutions

Why Invoice Factoring Can Help Your Small Business

Starting and establishing a business and a client base is no small feat, but keeping it running while you wait for said clients to pay their bills is a challenge in and of itself. You’ve got employees to pay, products to make, and services to offer,…

Common Invoice Factoring Problems

There are a few common invoice factoring problems that we come across, and we’re here to show you how factoring with Eagle Business Credit can help you solve those problems. One of the common problems is your customer’s creditworthiness. You don’t want to work for people who won’t pay…

overcoming small business challenges #TheMoneyFactor

Overcoming Current and Future Small Business Challenges

I’ve been in the industry for almost 30 years like my guest, Kris. I can honestly say we’ve been through a lot of recessions before, but I don’t think either of us have ever experienced an overnight shutdown of the economy quite like this one. I…

Is There a Small Business Vaccine?

Many folks have their hopes resting in a vaccine in order for life to return to normal. Unfortunately, the situation is a bit more complicated than that. Even with a vaccine, small businesses have been closing left and right. Many small business owners don’t know how…

components of working capital

Various Components of Working Capital

Business owners are concerned about their bottom line. Naturally, they are looking to generate a profit on their income statement. However, to stay in business in the long term, companies must also weather short-term cash fluctuations. This requires sufficient working capital to stay solvent throughout the…

non-recourse factoring

The Difference between Recourse and Non-Recourse Factoring

Cash flow issues affect nearly every small business. To address them, there are numerous small business tools that allow for the influx of capital to cover the cash crunch, but don’t saddle the business with debt. One such tool is factoring. Within factoring, there are Recourse…

Fearless Factoring: Small Business Credit

In much of the financial world, personal or business credit is huge. It can determine whether you are approved or denied, how much funding you are offered, and what interest rates you can receive. Invoice factoring companies, however, do not care about an applicant’s credit score.…

Everything You Need to Know About Small Business Invoicing

Invoicing is a subject that every business knows about or should know about. In this episode of #TheMoneyFactor I discuss invoicing basics from creating to sending to following up. My guest on this episode is my Head of Operations at Eagle, Angela Reece. As an invoicing…

how to choose a factoring service

Financing Your Small Business During COVID-19

Right now many business owners are looking for extra money for their business. Whether it be long or short term, there are many financing options that provide different benefits depending on the size and nature of your operations. Here is how to finance your business during…