Small businesses have always had to be creative about raising money. For a business to succeed, startups and small companies need funds to get through the initial stages of growth. In the past, many entrepreneurs turned to family and friends or personal savings. However, this is becoming increasingly difficult as borrowing rates remain low, and banks are tightening their … [Read more...] about 3 Innovative Funding Options for Small Businesses
Most entrepreneurs know too well a handful of financing tactics: enticing investors, entreating bankers, and asking family and friends for loans. These common ways of obtaining cash tend to be demeaning and demoralizing, but business leaders are willing to do it for the money. Meanwhile, receivable factoring is a financing solution that few in business fully understand; … [Read more...] about 8 Little-Known Facts About Receivable Factoring
Fluctuating production costs, late customer payments, economic slowdowns, and increases in payroll can all present serious challenges to small businesses and start-up companies. In the past, entrepreneurs sought reliable small business financing through small business loans from banks. However, times have changed, and banks are no longer as stable as they once were. … [Read more...] about Choosing an Online Accounts Receivable Factoring Company
Cash flow means everything to a growing business. Whether it's meeting payroll or funding product development, an adequate supply of cash flow is vital for both daily business and sustainable growth. Cash flow, however, also means frustration to the entrepreneur who soon figures out that cash from customers never seems to realize in time to meet payables and other expenses. To … [Read more...] about Factoring: Alternative Funding Source for Entrepreneurs
What is Factoring? Factoring is a promising way to stimulate the cash flow of a company. Its growing popularity can be gauged from the statistics that factor finance approximately amount to $70 billion in the United States each year. However, before leaping on the factoring bandwagon it is important for the business owner to know what makes a business suitable for … [Read more...] about What is Factoring?
Accounts receivable factoring is another mode of receivables management and working capital funding to eventually increase the cash flow. Accounts receivable factoring involves buying and selling of accounts receivables in order to obtain immediate cash or working capital. Accounts receivable factoring helps in acquiring cash for the product or the services rendered. It … [Read more...] about Manage Cash Flow through Accounts Receivable Factoring