Receivables

The Importance of Freight Bill Factoring

Anyone who runs or owns a trucking business is fully aware of the importance of having clients pay in a timely manner. However, good business practice demands the occasional leniency, and often times a regular client might as for a thirty day extension or credit before paying a freight invoice. In these situations, it is almost impossible to refuse, regardless of your own financial predicament. The question then comes down to feasibility. After all, as much as you want to offer the client flexibility and demonstrate your alacrity to assist them, the reality is your business cannot run without income for fuel, driver salary, and maintenance costs.  Read more...

Top 5 Reasons Why Businesses Need Accounts Receivable Factoring

In today’s economy, companies extending credit are no longer the exception to the rule, but the only rule. For the business that needs those payments to meet their own obligations, waiting can become an exercise in futility. Unfortunately, banks can’t help given their high interest rates and tightening of credit limits. So, what else is there? Well, there is a solution and it lies with accounts receivable factoring. What is accounts receivable factoring and how can it help businesses ride out the storm of late customer payments?  Read more...

5 Mistakes That Start-Up Entrepreneurs Make

There isn’t some magic manual on how to start a successful business. However, if an entrepreneur can avoid certain mistakes, the likelihood of success dramatically increases.

Lack Of Capital  Read more...

Small Businesses Hit Hard by Recession

Since it began in December 2007, the recession has had a profound impact on just about everyone. In the business world, though, small businesses – those with annual sales of between $100K and $10 million – have been hit the hardest. In a recent study, the financial services market research firm Barlow Research released some very sobering statistics concerning today’s approximately 8 million U.S.-based small businesses. The study highlights the grave concerns that small business owners have about their ability to remain solvent. Adding insult to injury, Congress was unable to push through a much-needed bill concerning small business loans. Without a doubt, the outlook for small businesses is gloomy.  Read more...

Benefits of Delivery Franchises

Delivery franchises are a good business model that lets you tap in the resources of a successful business. All you need is to meet the requirements of your franchisor and you’re set to start a brand new delivery franchise. A delivery franchise also minimizes the risks of failure by letting you use the tested procedure of your franchisor. You need not worry about how to run the delivery franchise because the necessary training will be provided. Likewise, you will also be able to source the raw materials from a trusted supplier so you need not worry about the quality, price, and delivery options of your supplier because all these are already made available for your convenience.  Read more...

How To Get Started With A Merchant Cash Advance

If you are on a look out for fresh funding for your business, you may want to consider a merchant cash advance than a traditional bank loan. Many advantages that you can actually get from an advance compared when you apply for a loan, and the process is very simple as well.  Read more...

Merchant Cash Advance – Fast Funding For Your Business

Any businessperson understands the unpredictability of having a business, most especially amidst a clearly volatile economy as well. However, there will always come a time when the venture needs fresh funds for various reasons. Reasons like, expansion or renovation, advertising needs, purchase of inventory or equipment, hiring new staff, payroll and so much more could definitely keep an entrepreneur on his toes looking for ways to get the much-needed resources. Most usually than not, applying for a business loan seems the only viable option to get additional funds for the business. However, there is a better alternative, and that is through a merchant cash advance.  Read more...