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 seemHow to Develop Lending Relationships using Factoring
How to build and maintain a good lending relationship with financial partners Maintaining a good lending relationship with financial partners requires communication, knowing your loan agreement, and referrals. It goes3 ways invoice factoring helps government contractors acquire new business
Invoice factoring, also known as accounts receivables financing, can help government contractors acquire new business. As cash flow issues can strain company resources and inhibit growth, invoice factoring is aHow accounts receivable financing lends itself to company growth
Accounts receivable financing is a powerful tool that provides upfront payment to businesses on their outstanding invoices. Thereby, helping avoid cash flow problems as well as providing the avenue and5 easy ways to boost your credit score
Boosting your credit score is easy if you try following these 5 easy steps. A good credit score is essential in determining if credit providers and financial organizations take youHow accounts receivable funding can increase your ROI
For several businesses, especially start-ups and small businesses, funding can be difficult to obtain. They also find it tough to be approved for bank loans. This is because they doDo you have gaps in your cash flow? Why you should consider factoring as a solution
As a small business owner, you are probably no stranger to cash flow shortages. Some months may be relatively abundant, but for much of the time, although you are doingWhy invoice factoring is a great way to fund your company’s growth
Invoice factoring, or accounts receivable factoring, is not just a fast and convenient way to solve temporary cash-flow problems. (Cash flow problems are all too common among small businesses). InvoiceWhy start-ups use invoice factoring
One of the biggest challenges facing a start-up is the management of cash flow. Start-ups and new businesses are low on working capital. And, taking a business loan may notFactoring vs Collections for unpaid invoices
Factoring companies and collection agencies help businesses get paid on their unpaid invoices for services rendered. As much as they seem similar, they differ in their processes to a greatFive Ways to Finance a Federal Government Contract
Government contract financing may be the last thing you think about in the excitement of preparing and submitting your bid. Yet so many small to medium-sized enterprises learn the hardWhat is Government Contract Financing?
Government contract financing should be the very first item on your to-do list if you are considering bidding for a government contract. The Benefits of a Government Contract According toChoosing the right company for Accounts Receivable Factoring
Accounts receivable factoring is a fast and convenient solution for your business’s cash flow needs. There are many companies out there offering factoring services, however, so how do you knowCan I get a loan based on my assets?
For small businesses, traditional financing methods aren’t always feasible. Asset-based loans can provide an easy alternative to standard bank loans. And bank loans can often be difficult to secure forAsset-based lending for government receivables
As a small business owner, are you eyeing a large government contract but not sure if you have the resources to make it happen? Asset-based lending on your government receivablesTimely Payments with Accounts Receivables Factoring
Every small business knows the pain of short-term cash flow problems. Accounts receivable factoring is an excellent way to fill the cash flow gaps and free up capital for lucrativeWhy Customers Love Invoice Factoring
Invoice factoring is becoming increasingly popular for companies looking to get short-term cash injections and free up funds for capital expenditure. This financing option is excellent, not only for the3 Things a Factoring Company Considers before purchasing your invoices
A factoring company is an excellent alternative to a bank or other traditional financial institution. If you find that your company experiences short-term cash flow problems, invoice factoring is a5 Tips to Help Improve Cash Flow
Maintaining a healthy cash flow is one of the most important things you can do as a business owner. However, we know it isn’t always that easy, so here areHow to Use Factoring for Struggling Small Businesses
When you’re running a small business, you depend on the timely payment of your invoices to sustain your cash flow. Factoring for small businesses is a useful option for companies5 ways equipment financing can grow your business
Equipment financing is one of the best ways to get the equipment you need to run your business at its optimum. When business growth is a top priority but purchasing5 benefits of working with an inventory financing company
Inventory financing has many benefits but one core purpose–to help you buy inventory and/or stock for your growing business. Inventory financing works like a revolving line of credit or a5 things you can do to grow your business
Growing your startup and/or new business can be exciting but it doesn’t come without risks. There are probably going to be many sleepless nights worrying about turnover and cash flowFactoring for business growth
You have probably heard the expression: “You need money to make money.” This is true–without working capital and consistent cash flow, your business will struggle to keep its head aboveHow a Factoring Company Can Save Your Business
Being your own boss is great until cash-flow problems threaten the survival of your business. A recent study by the U.S bank attributes the failure of 82% of small businessesKore Capital Corporation | December 2020 Deal Announcement
An emerging government contractor won their first three contracts in succession in support of the Federal Government’s Operation Warp Speed. As an early-stage enterprise, the company was unable to obtainWhat is an asset-based line of credit?
An asset-based line of credit is oftentimes an attractive option for many companies. Perhaps your business has underperformed for a couple of months and you have run into some cashHow a factoring service can save your business
Being your own boss is great until cash-flow problems threaten the survival of your business. A recent study by the U.S bank attributes the failure of 82% of small businessesUnsecured vs. Secured Debts: What’s the Difference?
Loans generally fall into two different categories: unsecured debt and secured debt. What is the difference between the two, and what are the implications for the borrowers and lenders whenWhy banks should let go of non-performing assets
Non-performing assets (NPAs) are debt instruments on which borrowers have failed to make the agreed payments for an extended period. As a result of ongoing defaults, NPAs do not yieldHow to improve banks profitability through the management of NPAs (non-performing assets)
Non-performing assets (NPAs) are among the leading causes of declining profitability in banks. Therefore, effective management of NPAs is essential in keeping a bank or other lending institution operational. SinceWhat is the goal of the good bank-bad bank structure
After the 2008 financial crisis, the federal government introduced several different measures to help beleaguered financial institutions. One of these was the good bank-bad bank structure, which is still usedSolutions to financing a government contract
Have you, as a small business owner, ever considered bidding for government contracts with the help of factoring? Not only are government agencies at all levels – federal and state4 ways to use factoring for government contracts
Once (preferably before) the champagne has been popped because you have been awarded a government contract, you should think about using factoring as a way to finance the fulfillment ofChoosing the right factoring company for your business
The right factoring company can help to get rid of the frustration that comes with client payments (or the lack thereof) at the end of each month. According to anHow does a revolving line of credit work?
Many small business owners searching for viable funding options will investigate the pros and cons of revolving credit. A revolving line of credit is quickly becoming the go-to credit solutionThe Pros and Cons of Invoice Factoring
Many businesses have started using invoice factoring to solve their short-term liquidity issues. Invoice factoring is a handy financial tool that helps keep businesses afloat during tough times, provided youHow to Qualify for Equipment Financing
Equipment financing is a vital lifeline for many small businesses. What’s more essential to your business than the equipment you need to make your products? Of course, as you know,KORE Capital Corporation June 2020 Deal Announcement
A 100 plus old firm providing Nursery, facilities management and landscaping services closed on a $15,000,000 USDA and SBA guaranteed loan to refinance their real property and equipment. Upon closingHow to qualify for a business loan with bad credit
As a business owner, you know that access to short-term business funding as an essential part of your enterprise’s success. A business loan is often necessary, no matter how smoothHow to Qualify for Emergency Business Funding
Every entrepreneur knows that dealing with unforeseen problems is a natural part of running a business. The need for emergency business funding is bound to arise at some point. You,