Cash flow is a perennial problem for many business owners especially those who provide services over products. The reason is simple: payment for services is usually made towards the end of the contract term and rarely up-front. Even payment for physical products is rarely done at the time of sale these days.
Topics: Cash Flow, Business Growth, Working Capital, Cash Advance, Business Loan, Business Financing, Invoice factoring
Cash flow problems plague even the most successful businesses. The lag time between the completion of a project and the point of payment can create cash shortages that hamper your ability to grow your company or capitalize on new opportunities. That’s where invoice factoring comes in.
Topics: Cash Flow Solution, Business Growth, Accounts Receivable Management, Cash Advance, Cash Crunch, Client Relationships
Building business credit is tough. You have bills to pay and your suppliers, laborers, employees, or creditors don't care about the mountains you have to move in order to keep everyone paid. Traditional banks want you to have a longer track record of success, your D-U-N-S number gets you small revolving credit accounts, but no cash flow capability, and investors want a voting share in your company if they're going to inject cash. Fortunately, invoice factoring companies understand the predicament and they have a solution.
Topics: Cash Flow, Business Growth, Cash Advance, Invoice factoring, Credit History
Companies of all sizes struggle with cash flow issues.
These challenges usually arise between the time your product or service is delivered to your customer…and when that customer eventually pays you. That can take up to 30-, 60-, or 90 days.
Without enough cash on hand, you may lose opportunities to respond to changes in the marketplace. Or grow your business. If the money comes in “waves,” you might even find it difficult to make payroll from time-to-time.
Topics: Cash Flow, Business Growth, Cash Advance, Invoice factoring, FAQ
As the year draws to a close and plans for the upcoming year begin, many business owners and managers examine their finances and look for opportunities to improve their processes. Having adequate cash flow is arguably the most important component of business management. There are some techniques to help your business cash management that will not involve getting a loan.
Topics: Factoring Companies, Business Growth, Cash Advance, Invoice factoring
Your business is growing! You have worked incredibly hard to become successful, but there may be a few habits you could lose to help your business prosper. It is not always easy to be productive, but it helps if you can avoid sabotaging yourself and your business with bad habits that are correctable.
Topics: Business Growth, Cash Flow management
A sudden spike in demand sounds like a good problem, but does your business have the ability to increase production quickly? What is the most effective way to encourage your workforce so you can ramp up production when you need to?
Topics: Manufacturing and Distribution Financing, Business Growth
