Getting your Financial House in Order for 2021
Getting your financial house in order is not as hard as you may think. With some careful planning, you too can be prepared for the best of times and the worst of times. Open bills the day they arrive. This may seem like common sense but ignoring them won’t change anything or make them go […]
Life After the Paycheck Protection Program
The good news is the government is offering another round of paycheck protection program (PPP) funding for small business. This round is slightly more restrictive as to who can receive it and who qualify for forgiveness. The bad news is that businesses looking for working capital or expansion loans will find their bank totally consumed […]
10 Tips for Running a Small Business
Running a small business in today’s rapidly changing marketplace takes skill, determination, and the ability to adapt to new challenges. Here are 10 tips for any business that wants to succeed. 1. Keep Score: It’s amazing how few small businesses have any idea of the daily, weekly, and monthly numbers and financial trends in the […]
Best Rated Eight Years in a Row!
The prestigious website Business.com has just announced their best factors for 2021. For EIGHT years running American Receivable has been rated as the BEST factor for small, medium enterprises! Business.com found that; “American Receivable is an excellent factoring service with fast turnarounds, no monthly minimums and a long, reputable business history”. Business.com uses a vetting […]
Is Invoice Factoring Right For Your Small Business?
What Factoring Is and What It Isn’t Factoring is not a loan. You are not paying the factor back, your customer is. Factoring is not a good solution for long term debt like buying a building or equipment. And factoring is not an option for companies in the pre-revenue stage. Factoring, also known as accounts […]
Are You Getting What You Deserve from Your Invoice Factoring Company?
The New Year is the perfect time to evaluate if you are getting the most out of your invoice factoring company. Are you already factoring your invoices as a means of improving your means of cash flow? Yes? Congratulations! You are on a great path to growing and keeping your business successful. Now, do you […]