7 Steps to Qualify Your Business for Invoice Factoring
Invoice factoring involves a business selling its credit-worthy outstanding invoices to a factoring company at a discounted rate. The invoice factoring company can offer up to 90% of the amountIs It Easier to Qualify for Invoice Factoring Than Conventional Loans?
Cash flow issues are a common challenge faced by businesses, especially smaller ones and start-ups. They require business financing for expansion, marketing, buying equipment, and much more. Typically, big businessesHow to finance a government contract
Landing a government contract can be an exciting and lucrative development for a small to medium-size business. However, completing the contract does come with a few drawbacks, most notably theHow Small Business Invoice Factoring Improves Cash flow
There is a reason that many small businesses regularly include invoice factoring in their financial strategies. It is because all businesses need cash flow to fuel their growth, and invoiceHow to Use Asset-based lending to finance your accounts receivable
Did you know you can use Asset-based leading to finance your accounts receivable? When your cash flow temporarily falls short of your requirements, you can use several options to bridgeDoes your financial performance fall outside your lender’s risk profile?
When your financial performance falls outside your lender’s risk profile, you may have cash flow issues. Cash flow is essential to the health of any business. Yet, as many smallHandling cash flow issues with invoice factoring
You may well have a good, long-term relationship with a financial institution. And perhaps this relationship has given you a good line of credit to drive your business growth forHow businesses can use factoring to fuel growth
Businesses can use factoring to fuel growth. As a small business owner, you probably already understand the benefits of invoice factoring when it comes to easing your cash flow. ButHow to factor your invoices in 5 easy steps
Invoice factoring can be an excellent avenue for business capital, based on the invoices owed to you by your customers. However, if you are a newbie, this process can seem