Everyone knows that cash flow is important, but not everyone can tell why. In this post, we take a closer look at cash flow using simple examples and provide some smart cash flow management strategies. What Is Cash Flow? The term “cash flow” refers to the balance of cash moving in and out of a…
Past-due invoices are a common headache for owners of small businesses. In addition to consuming valuable time, overdue invoices can put a strain on your cash flow, slowing down the growth of your business. Here are some ideas to handle past-due invoices — plus a tip to get rid of this problem altogether. Make Sure…
Today we answer one of the most commonly Googled questions about Factoring: Is Receivables Factoring debt? Read on to find out. Is Receivables Factoring Debt? Although there may be confusion because Receivables Factoring is also known as “debt factoring,” the short answer is no: Receivables Factoring is not debt. And this is great news, as we’ll…
Knowing how to manage your Accounts Receivable is essential to the success of your small business. From some ideas to streamline your processes to a great way to deal with slow-paying clients, here are four accounts receivable tips every small business owner should keep in mind. Get Organized Organization is the name of the game…
Receivables Factoring is a financing solution–you probably know that. But is it a short-term or a long-term solution? Today we give you the lowdown on the best ways to use Factoring for your business. Is Factoring a Short-Term or Long-Term Solution? Let’s begin by answering the question in the title: is Factoring of accounts receivable…
No doubt, getting cash is one of the most significant challenges that new businesses face. If you are dealing with this problem and have been wondering whether using Invoice Factoring for new businesses is a good idea, we have some answers for you. With Factoring You Don’t Need an Extensive Credit History The lack of…
As a small business owner, growing your business is probably at the top of your list of priorities. And while this can be a challenge, having the right tools can make things a lot easier. Factoring of Accounts Receivable helps you grow your business by allowing you to overcome cash shortfalls and by increasing the…
We live in the disinformation age, so it’s no wonder that there are myths swirling around all types of topics, including Factoring of Accounts Receivable. Luckily, this problem is easy to solve: Come with us as we debunk three common myths about Factoring. Myth 1: Factoring Is Difficult This is probably the biggest myth about…
Partnering with the right company determines your success in implementing Factoring as an effective financing solution. From customer service to the different types of Factoring, here’s what you have to look for in a Factoring company. Flexibility One of the main reasons why companies use Factoring is because it offers them greater flexibility. However, working…
Regardless of the size and scope of your organization, Factoring should be on the top of your list of financing solutions. However, there are three reasons why Factoring is perfect for small businesses. Factoring Is Easy to Qualify For Qualifying for traditional loans is one of the most common roadblocks that small businesses must face.…
