Can My Business Receive Government Contract Financing?

Posted by Gil Oliva on Mon, Sep 16, 2019 @ 09:20 AM

Large government contracts can be a boon for your company, as they provide generous amounts of revenue. Unfortunately, government contract payments can be far from reliable. Since government contracts depend on collaboration between multiple governmental agencies, payment can take longer than with other kinds of businesses. Sluggish payment processes can disrupt cash flow and even jeopardize your own timely payments to employees, suppliers, vendors, or subcontractors. This is where the process of invoice factoring comes in. Learn if you can apply it to your government contract and how to use invoice factoring for your municipal clients.

Read More

Topics: Factoring Accounts Receivable, Government Contract Financing, Business Financing, Invoice factoring

Reaching Millennials: A Staffing Guide

Posted by Gil Oliva on Mon, Jun 24, 2019 @ 10:47 AM

By 2020, almost half of all workers in the United States will be millennials, individuals born between 1980 and 2004. Millennials are distinct from other generations having grown up in the internet age, with information technology that was not available to previous generations shaping their unique interests and motivations. This means that strategies that worked for recruiting previous generations may no longer be as effective for securing the top talent. Staffing businesses that adapt to millennials’ needs are more likely to attract this team-oriented and tech-savvy group of candidates.

Read More

Topics: Payroll Funding for Staffing Companies, Factoring Accounts Receivable, Staffing Industry, Invoice factoring

How can Invoice Factoring Help your Business Make Payroll?

Posted by Steve Barthol on Fri, Sep 04, 2015 @ 08:30 AM

Employees expect to be paid on time, no matter what cash flow hardships their company may be facing. Each employee has his or her own financial obligations, and waiting patiently while you figure out where the money is coming from may well be the catalyst for disgruntled employees to either not be motivated to complete tasks, or to search for a new position elsewhere. 

Read More

Topics: Factoring Accounts Receivable, Payroll Advance Program for Staffing Agencies

When is it Time to Consider Changing your Invoice Factoring Company?

Posted by Gil Oliva on Fri, Feb 13, 2015 @ 08:30 AM

How successful is the connection between you and your current invoice factoring company?  Do you take the time to assess the services they are providing? There are many considerations to running your business, with financing obviously playing a major role, but all too often it is easy to forgo a regular overhaul of systems that are already established. It is possible that you are not getting the most from your current provider.Time to change Invoice Factoring Companies

Read More

Topics: About Invoice Factoring, Factoring Accounts Receivable, Financing Government Contractors

Getting a Business Loan with Bad Credit

Posted by Seth Herman on Fri, Dec 12, 2014 @ 08:01 AM

In business, as well as in life, the potential for bad credit can lurk just around the corner. Small to medium sized businesses strive for good credit scores so that, should it be necessary, obtaining a bank loan in order to grow won’t be a problem. But if a business falls into the bad credit rut is there an answer that not only helps improve credit scores but also meets immediate cash flow requirements? 

In bad credit situations, it is important to get a handle on the reason for the bad credit. Was it a one off situation, or is there a fundamental issue with cash flow? Getting your business score back on track is important for a business to grow. 

Read More

Topics: Cash Flow Solution, Factoring Accounts Receivable, Credit cards, Small business loan

New Business Challenges – Obtaining Commercial Financing

Posted by Gil Oliva on Fri, Oct 24, 2014 @ 08:00 AM

Obtaining a loan from the bank when your business is starting out, and not yet profitable is more than likely going to be a challenge. So how do you get the money you need to meet your initial costs?

Read More

Topics: About Invoice Factoring, Factoring Accounts Receivable, Commercial Financing

Is your Outdated Finance Management System Hurting your Business?

Posted by Gil Oliva on Fri, Oct 03, 2014 @ 08:00 AM

How long do you spend working on invoicing and all the related spreadsheets and paperwork inherent in the process? Is this the most effective use of your time? 

Read More

Topics: Factoring Accounts Receivable, Accounts Receivable Management, Client Center

Subscribe by Email

Posts by Topic

see all

Share