How Are You Managing Credit Risk

credit risk management

With cash flow stretched to its breaking point for many businesses, the consequences of late, or worse yet, non-payment has never been more dangerous. Deciding which customers to extend credit to has never been more difficult. There is lots of credit information on the internet. But it is often expensive, hard to interpret and the […]

Honesty is the Best Policy

man in suit taking an oath

Especially when applying for invoice factoring! From childhood we are taught to be honest.  But when it comes to filing out an application for financing business owners seem to forget that important early lesson. After submitting a factoring application, the accounts receivable financing companies’ job is to make sure your business is a good fit […]

Factoring to the Rescue!

a group of healthcare workers

We received a call from a healthcare staffing company in Los Angeles.  They were less than six months in business and have already outpaced their sales projections.  Their very serious problem was their customers were taking 45 days to pay.  Their growth was out pacing their cash flow.  A recent SBA study found that over […]

Overlooked Relationships

Business person shaking hands with an invoice factoring professional.

Welcome to 2020!  Most business owners will share a very similar list of goals for the New Year.  Trying to reduce costs, add customers, improve margins are resolutions most entrepreneurs share.  These goals are numbers oriented but they are all driven by relationships.  An often overlooked, but crucial relationship for the business owner is with […]

Thanksgiving Through the Years

Thanksgiving Through the Years The first Thanksgiving in Plymouth Colony which is now Massachusetts was in 1621.  The last Thursday in November was declared a national day of thanksgiving by Abraham Lincoln  200 years later.  In 1941 Congress made Thanksgiving an official national holiday. A day of “thanks” and “giving”. Thanksgiving has traditionally been a […]

Business Partnerships: A Necessary Risk

Business Partnerships: A Necessary Risk Starting a business is an exciting venture.  Sole proprietorship allows you the freedom to Implement your own ideas, business procedures, and schedules as you wish.  The decisions you make will not impact anyone except you. Working alone can be difficult when trying to jump-start a new business.  Most people need […]