Woman and man holding laptops and looking at each other illustrate blog "You’ve probably heard the term “no-doc” business loan thrown around a lot these days. And even if you don’t know what a no-doc loan is exactly, you probably understand that it’s less complicated than a traditional loan. But does factoring fall within this category? Keep reading to find out."

Is Factoring a No-Doc Business Loan?

You’ve probably heard the term “no-doc” business loan thrown around a lot these days. And even if you don’t know what a no-doc loan is exactly, you probably understand that it’s less complicated than a traditional loan. But does factoring fall within this category? Keep reading to find out. What Is Factoring? Factoring refers to…

Smiling woman in office sitting at desk with computer screen illustrates blog "Accounts Receivable vs Control Account: What Is the Difference?"

Accounts Receivable vs Control Account: What Is the Difference?

When it comes to keeping your business financial information streamlined, you can come across several confusing and seemingly similar terms. With that in mind, today we offer a detailed explanation of the differences between accounts receivable and a control account. Accounts Receivable vs Control Account: What Is the Difference? The fundamental difference between accounts receivable…

Photo of man in office illustrates blog: "How To Calculate Receivables Turnover?"

How To Calculate Receivables Turnover?

While everyone knows that account receivables are important, not everyone knows that there’s a way to measure how effective you are in managing your receivables. In today’s post, we discuss receivables turnover, starting from a basic definition, and show you how to calculate your receivables turnover ratio. What Is Receivables Turnover? Simply put, receivables turnover…