Responsibility in the Workplace
Responsibility in the Workplace Business owners must have employees with strong skills working for them. They must be able to delegate to those employees. As an employee of a business, you have a responsibility to the company to do your job well. What is responsibility? It is made up of two words, response and ability. […]
The Value of Dedicated Account Managers
The Value of Dedicated Account Managers Financing is the #1 requisite for any business to grow and keep a positive cash flow. There are many options to look at for financing a business including traditional bank loans or alternative options such as factoring. Once the financing is in place, that relationship will continue as you […]
Credit is Crucial
Credit is Crucial Credit-worthy customers are crucial to any business. As a business owner, it is important to limit your own credit risk, practice due diligence regarding your customer’s creditworthiness, and refrain from extending credit that is beyond profit margins. Customers at risk for not paying your invoices put your business at risk. Confirming the […]
Relationships
Relationships American Receivable Corporation considers their relationships within the financial community to be one of its greatest assets. American Receivable’s relationships within the banking community and with professional CPA’s spans over 38 years These relationships have been mutually beneficial to us, bankers and CPAs as well as our factoring clients.
Business Loan Terminology 101
Business Loan Terminology 101 Whether you’ve got a proven track record, or you’re in the early stages of a new startup company, getting financing for your small business can be intimidating and a little confusing. Having a thorough understanding of business loan terminology can make the process a little less overwhelming. Here are some basic […]
Factoring Technology
Factoring Technology In today’s time, people cannot imagine running a business without the aid of technology. And the evolution of technology has changed the way we do business on a daily basis. Computers, software, apps, video, etc. have allowed companies to expand their businesses well beyond the borders of their home base. For factoring, it […]
Invoice Factoring for Staffing Companies
Invoice Factoring for Staffing Companies American Receivable specializes in invoice factoring for staffing companies. When staffing agencies experience cash flow problems, they typically turn to one of two methods to help get them back on track; business loans and invoice factoring. In this article, we’ll go through the differences between the two to help you […]
Business Financing – Let the Buyer Beware
Business Financing – Let the Buyer Beware Business financing is one of the most important decisions you, as a business owner will make. A business owner who has decided that factoring is the best solution for his or her business faces another challenge: Finding the best factoring company for their specific industry. Online Business Financing […]
Small Business: Staying Afloat During Tax Season and Beyond
Small Business: Staying Afloat During Tax Season and Beyond Maintaining positive cash flow while running a business is critical. Tax season is an extra busy time for small business owners. About 70% of small business owners outsource their tax preparation to a CPA or other trusted financial advisors. The business retains the responsibility for preparing […]
Recourse vs Non-Recourse Factoring
Factoring, or accounts receivable financing is an alternative to traditional business loans. Businesses owners with cash flow challenges often turn to factoring to solve this problem. Factoring their invoices enables the owner to purchase inventory, make payroll and cover administrative costs while waiting for their customers to pay.