What every SME needs to know about Factoring
A recent survey by SCORE found that over 80% of business closings was caused by cash-flow issues. Even successful business can run short of cash when customers are slow to pay. This is especially true in industries that have extended terms, such as warehouse staffing, IT staffing, healthcare staffing, nurse staffing, manufacturing, fabrication, wholesale/distribution. Factoring […]
Looking Forward to 2020
Owning and operating a small business takes dedication and hard work. As 2019 comes to a close, it’s a good time to take a look back at the business practices that worked well, and which ones need to be improvement. Consider these tips to make sure your business remains successful in the coming year. FOCUS […]
Signs Your Business May Need a Makeover….
Are you in need of a Business Makeover… Financial management is the heartbeat of every business. Money comes in and goes out so it’s critical to ensure you’re following the right path to maintain a positive cash flow. As most businesses grow, their customer base the supply chain becomes more complex. Attending to the books and […]
Is Invoice Factoring Right For Your Business?
Business owners trying to obtain working capital to finance their business operations usually apply for a small business loan or line of credit. But if they can’t get approved there are also some alternative finance options to help their company get a quick infusion of cash. One form of small business finance is invoice factoring […]
When to Consider Invoice Factoring
When to Consider Invoice Factoring Small business owners have many challenges. One of these challenges is finding the right sources of capital to fund their business. It is crucial when running a business to know where you stand financially at all times. All too often company finances are overlooked until it is too late. Don’t […]