In today’s blog post, we take a closer look at the ways factoring can help companies in the service industry. Keep reading to learn more! What Is the Service Industry? The term “service industry” refers to companies not involved in manufacturing whose business model is based on activities such as customer service, management, or consulting.…
A strong cash flow is one of the cornerstones of a successful small business. However, the cash flow of your small business is threatened by many different situations, some of which may even seem positive at first sight. Here’s what they are and how to deal with them. 1. Growing Too Fast Sure, growing your…
When it comes to financing, there are no one-size-fits-all solutions. Different businesses have different needs. However, if you are weighing the pros and cons of factoring and bank loans, here are three facts we believe you should keep in mind. 1. Factoring Is Fast If there’s one thing you have to know about banks is…
Everyone seems to be talking about inflation these days. But what is inflation, exactly, and what are its effects on your business? Can you use Factoring of Accounts Receivable to deal with the effects of inflation? Keep reading to discover the answers. What Is Inflation? How Does It Affect Your Business? Simply put, inflation is…
The world of financing can be complex and fast-moving. With so many technical terms floating around, it’s easy to get confused. For example: What is the difference between receivables factoring and receivables securitization? Keep reading to find out. Securitization of Receivables To talk about securitization of receivables, we have to understand first what securities are. …
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…
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…
