Looking Back with American Receivable
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 […]
Focus on Customer Service
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” […]
Show Amazing Grace
The religious definition of Grace is unearned favor. Culturally we show Grace when we initiate kindness. The stresses of life are reflected on social media sites and the news. Tempers are on display as adults have tantrums over a request to wear a mask. It seems everyone’s nerves are on edge. A never-ending pandemic, divisive politics, and racial tension […]
How Are You Managing Credit Risk
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 […]
Funding Through Crisis
As the nation’s economy continues to open up American Receivable has been busy helping more and more companies solve their cash flow problems. This past month we have funded companies in several major industries. Provided $350,000 funding to a Dallas company provides industrial staffing. Provided $75,000 funding to a Tennessee cellular infra-structure provider. Provided $1,200,000 […]
Does Factoring Affect My Customers?
If today’s economy has you looking into financing solutions for your company, factoring lets you collect payment on your invoices immediately, so you don’t have to wait for clients to pay. Factoring was common during pre-revolutionary war America to facilitate trade with Europe yet is often misunderstood in today’s modern economy. One worry business owners […]
Honesty is the Best Policy
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 […]
A Customer Focused Small Business
Small business owners have many obstacles to overcome Starting a business requires planning and one of the key elements is raising capital There are many expenses to consider. Space, staffing, product, insurance, office expenses, taxes and others have to be paid regardless of the success of your business each month. Some small business owners have […]
Building A Customer Focused Business
Building A Customer Focused Business What is the #1 asset in your business? Your customers, of course! They provide the revenue that keeps your business afloat and enables growth. Without your customers, you would not be in business. Who does not like to feel familiar and appreciated? People in general like to be acknowledged and […]
Honoring Veterans, November 11….
Celebrating Veterans Day On the 11th hour of the 11th day of the 11th month of 1918, an armistice, or temporary cessation of hostilities, was declared between the Allied nations and Germany in the First World War, then known as “the Great War.” Commemorated as Armistice Day beginning the following year, November 11th became a […]