You put a lot into your company.
Blood. Sweat. Tears.
And more than a few sleepless nights, worrying about making ends meet.
You have decided that invoice factoring might be a good financial solution for your business. But every choice comes with challenges. So many different rates. And with so many factoring companies out there -
Topics: Cash Flow, Business Growth, Cash Advance
Proper cash flow management is an important factor for determining the success of a small business. Effective strategies can increase cash flow and help store reserves for unexpected expenses. Using the appropriate money management approach for your business can do a great deal to secure the sustainability of your company’s future. Below are tips that your business can incorporate into your cash flow management plans.
Topics: Cash Flow, Cash Flow management, Small business financing, Cash Flow Metrics
Most businesspeople have a rough idea of the moving parts of cash flow, but it’s vital for business leaders to understand how to gauge cash flow accurately. Several operational expenses can easily go unnoticed, such as inconsistent contracts with service technicians or similar expenses. For new business owners, these expenses quickly become overwhelming.
Topics: Cash Flow, Cash Flow management, Cash reserves, Cash Flow Metrics, EBITDA
Like many financial services, invoice factoring works best when used as part of an overall financial management strategy. When used appropriately, it may help jumpstart growth, pay down debt, and help businesses find a path to financial success. We’re here to help you understand exactly what invoice factoring is and when you should consider using it for your business.
Topics: Cash Flow Solution, Cash Flow, Invoice factoring
Almost a decade after the 2008 stock market crash, some lending institutions are still conservative with lending. Maintaining any size business requires a steady cash flow and many small to large-sized businesses have tight budgets. For many businesses struggling to make ends meet, the barrier may not be a lack of motivation – it could be a lack of capital.
Topics: Cash Flow, Cash Advance, Cash Flow management, Invoice collection
In general, cash flow management is one of the factors that determine the financial stability of any business. When customers delay or avoid paying invoices, any company could face cash flow difficulties. Invoice factoring enables businesses to sell outstanding invoices in return for working capital – the capital used daily in trading operations. For many, it can serve as a viable alternative to traditional bank loans and credit exhaustion.
Topics: Cash Flow, Working Capital, Cash Advance, Financial goals, Invoice factoring
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
