Tag: receivables
receivables management

Accounts Receivable Management

Only 50% of small businesses survive past their fifth year. This statistic should not discourage entrepreneurs from starting their own business, however. Business failure is not wholly representative of a bad product, a bad market, or a bad business plan. Instead, it comes down to cash…

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 for staffing companies

Invoice Factoring for Staffing Companies

Staffing factoring is crucial to a staffing company’s balance sheet. Payment terms with clients mean a gap in available working capital for staffing businesses. Your employees need to be paid on time, but you are waiting for your clients to pay. Here is where invoice factoring…

receivables funding

The Difference Between Receivables Funding And Working Capital Loans

A small business needs constant cash flow to stay healthy and accomplish its business goals. A business needs money to expand, extend credit to its major customers, make payroll, and meet unanticipated demands. Your company’s cash conversion cycle may mean that money is not always readily…

importance of working capital management

Why Is It Important to Manage Working Capital?

Working capital management reflects a company’s financial health. Sales could be up, but how can a small business continue to operate without enough available working capital to purchase more supplies, distribute the goods, or meet payroll? Money tied up in accounts receivable can kill a business…

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…

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: 007 – How do you manage your cash-flow and expenses and maximizing the value of your business

#TheMoneyFactor Episode: 007 – How do you manage your cash-flow and expenses and maximizing the value of your business   www.EagleBusinessCredit.com Twitter: https://twitter.com/EagleBizCredit Facebook: https://www.facebook.com/EagleBusines… Facebook: https://www.facebook.com/TheIanVarley LinkedIn: https://www.linkedin.com/in/ianwjvarley/ LinkedIn: https://www.linkedin.com/company/eagl… #SteveNevin #IanVarley #EagleBusinessCredit #Factoring #CashFlow #Expenses Today on The Money Factor, I have Steve Nevin…

funding exports

Factoring 101: Turn Invoices Into Immediate Cash For Your Business

Funding exports and accounts receivable is an essential aspect that all small business owners need to be aware of. Invoice factoring is a type of accounts receivable financing that converts outstanding invoices within 90 days into immediate cash for an organization to use on other essential…