Whether you’re a production or a service company, the heartbeat of your company is the financial management. Money comes in and goes out quickly, it’s
Many business owners can become victims of their own success. The very skills and talents that helped them go from being a tiny new start-up
If a business owner offers their customers terms at some point, they will have to deal with a customer who does not pay within the
Businesses with slow paying customer often sell their invoices to a factor to avoid a cash-flow crisis. The factor buys the invoices, advancing 85%-90% of
The economy is reopening. The employment numbers are improving, and business owners are seeing opportunities that have been delayed by pandemic. All of this is
Business owners are preparing for more activity as the economy reopens. Deciding how finance their growth is always challenging. As banks continue to focus on
In today’s connected world customers have countless options at their fingertips when deciding who to do business with. Customers have become more discriminating in who
Cyber attacks against small businesses are sophisticated schemes perpetrated by tech savvy criminals. Criminals use legitimate looking emails, malicious software and social media to obtain
It seems every industry has its own insider language. The invoice factoring industry is no exception. If you’re a business owner looking for a factoring
Factoring is a type of asset based financing that is often confused with asset based lending. While these products have some similarities, they are different.
