Run a Tight Ship
Running a tight ship is essential to the survival of your business. In order to maximize profit, the entrepreneur has to make sure that they have a tight system in place from on-boarding a new customer to receiving and accounting for payments.
5 Tips To Help Find a CPA for Your Business
There are many aspects of your business that require your attention as a business owner. Managing your finances is undoubtedly one of the most crucial. That’s where a Certified Public Accountant (CPA) comes in. A CPA can provide expert advice on tax planning, financial reporting, and other critical financial matters, helping you navigate the complexities […]
Celebrating 44 Years
Celebrating 44 years in business, American Receivable truly stands out in the crowded factoring market. The founding owners still manage and operate ARC. They remain committed to providing the best factoring service at industry best rates with no hidden fees or surprises. Remaining independently owned ARC can move quickly to help a prospect be funded in […]
Online funding has become very popular with busy entrepreneurs. The benefit of doing a few online searches and finding access to financial resources is a tremendous time saver. What use to take weeks or months to accomplish can now be done in just a few days. ONLINE FACTORING Many business owners have benefited from online […]
Just Say No To MCAs!
This time of year, many businesses owners are facing a cash shortfall. The combination of year end expenses, holiday bonuses and customers delaying payments can cause a business owner to panic. This is when all the spam emails and pop-up ads can lure a business owner to a Merchant Cash Advance lender. Don’t Fall into […]
Words To Live By
Be Proactive To Get Paid Quicker
When customers drag out their payments this puts a lot of pressure on the business because it limits their cash flow. Positive cash flow is necessary for companies to continue operations and be successful. Slow paying customers can quickly turn positive cash flow to negative cash flow. It’s important for the business owner to have […]
Invoice Factoring Versus Traditional Bank Loans
We get asked a lot the differences between obtaining financing at a bank and using a factoring company? As business owners are looking for additional financial sources, whether to take advantage of growth opportunities or to fight off increasing inflationary pressures, it’s important to choose the financing source that will best fit your needs. Traditional […]
Three Dangers of Funding Your Business With Credit Cards
Being a business owner is a lot of work. The challenges are non-stop. First you have to go from a business idea, to generating revenue to developing a loyal customer base. While doing all this, staying on top of your companies’ finances is crucial to the success of your company. It can be tempting to […]