Effective business forecasting involves taking a look into the future, but the future is not always simple to predict. There are economic trends and fluctuations to take into consideration, as well as industry specific factors that can take any business by surprise. However, careful cash flow forecasting really does help better manage the inherent risks of growing businesses.
Topics: Alternative Financing, About Invoice Factoring, Cash Flow management
So you need to boost your working capital quickly, and are unable to qualify for a bank loan. You may be aware of the commercial financing option known as invoice factoring, but are you also aware of all the benefits when you decide that factoring your accounts receivable is the way to go?
Topics: Alternative Financing, Financing Government Contractors, Commercial Financing
Invoice factoring is increasing in popularity as an alternative lending source, why?
Topics: Alternative Financing, About Invoice Factoring, Financing Government Contractors, Merchant Cash Advance
Just because the bank has said no to a loan or line of credit does not mean that your business is not successful or that there are no other options available to you.
Topics: Alternative Financing, About Invoice Factoring, Financing Government Contractors
What methods of payment do you accept from your customers? The more payment options you are prepared to accept, generally the easier it is to receive an on-time payment. Make it as easy as possible for your customers and therefore for you.
Topics: Alternative Financing, Cash Flow Solution, Financing Government Contractors
Working with local organizations is beneficial to everyone, and Bay View Funding is enjoying collaborating with the Hispanic Chamber of Commerce in San Jose to help educate members about invoice factoring as an alternative, and effective source of accounts receivable funding.
Topics: Alternative Financing, Cash Flow Solution, Bay Area Community Involvement, Financing Government Contractors
Cash flow should be simple, and there are many ways to go about finding a viable answer to your cash flow needs. We have discussed the many benefits of invoice factoring. Let’s take a look at another option that focuses on a specific financing requirement.
Have you heard of installment contract financing? It is a way of providing your customers with more options for payment so you can increase sales. If you can offer customers more ways to pay, chances are they are more likely to choose you as their business partner. Convenient monthly payment plans mean an easier way for your customers to pay, which leads to increased revenue for you, but how does this work?
Topics: Alternative Financing, Cash Flow Solution, How to Grow Your Business, About Invoice Factoring
