Our office that overlooks the Central Expressway and LBJ Freeway interchange is less than quarter mile away from where American Receivable started 42 years ago. The original office was on 13th floor and was a converted supply closet with no windows. As two young entrepreneurs we took our college finance degrees and started a factoring […]
Business owners depend on their clients paying their invoices in a timely manner. Business owners can be forced to delay new projects or worst when customers are slow to pay. But what can a business owner do when a client doesn’t respond to payment reminders, or simply refuses to pay? STEPS TO COLLECT LATE INVOICES […]
A mark of an excellent company is a culture that values their customer relationships and routinely exceeds their customer expectations. In today’s competitive environment, customers are aggressively prospected, and their loyalty cannot be taken for granted. Relationship focused companies recognize that they must deliver excellent service to grow their revenue. A “one size fits all” […]
Many companies are outsourcing a large portion of their hiring to staffing companies. But it can be extremely difficult for a start-up or a fast-growing staffing company to keep ahead of its payroll. Because staffing companies usually pay their employees on a daily or weekly basis, waiting a month or more for customers to pay […]
Applications for business Employer Identification Numbers (EINs) totaled over 1.5 million for the third quarter of 2020. New businesses are being formed at the fastest pace in more than a decade. There are good reasons to start a business now; interest rates are low, there are lots of good workers who’ve been let go from […]
If you are searching for funding for your business, you should consider invoice accounts receivable factoring. Also known as invoice factoring, you sell your outstanding accounts receivable to your factor, so you don’t have to wait for your customers to pay you. Many business owners look for a factoring company that has a good reputation […]
This pandemic has changed so many ways business is done, but one thing has remained constant. Clear, honest communication is critical to both your customers and employees. A recent small business survey revealed that better communication led to better customer experiences. The truth of the matter is that having excellent communication with customers is often […]
What’s the difference between invoice factoring and traditional bank loans? It’s a question we hear a lot, so in this article we’ll take a look at the pros and cons to help you decide which is best for your company. When searching for financing to meet your day-to-day expenses traditional bank loans or lines of […]
As more companies continue to take advantage of remote working companies are discovering the weak links in their cybersecurity. Whether it’s a cyberattack against your companies’ website or a phishing email all companies are facing growing dangers from the dark side of the internet. Here are 10 questions that need to be addressed right now. […]
My nephew just started riding in an ambulance for a living as an EMT. This is his first step towards becoming a paramedic then eventually a nurse practitioner. He has a lot of long nights in front of him that he eagerly awaits. After many sleep deprived weeks, Jack’s daughter, Alex, is now only […]