Companies from all different industries and of all sizes can benefit from using invoice factoring to grow their business.
Some business owners worry that using invoice factoring will hurt their relationships with customers; they assume that customers will think a business that uses invoice factoring isn’t doing well. However, in many cases, the opposite is true.
Topics: Business Growth, Accounts Receivable Management, Cash Advance, Financial goals, Invoice factoring
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
As a business owner, you want to take the next step and grow your company. For many small and mid-sized businesses, that means working on getting lucrative government contracts. Even if you’re lucky enough to get the work, actually doing it can be a real challenge, especially when it comes to things like invoicing and billing.
Topics: Government Contract Financing, Cash Advance, Financial goals, Business Financing
What better time than a new year to reflect upon your money relationship, assess the past financial year, and move forward into 2015 with positive and achievable goals for your business.
Topics: Business Growth, Business Finance Solutions, Financial goals
The holiday season is upon us, bringing with it well earned year-end parties and celebrations. Now is a good time to check your lists twice and reflect upon the cash flow management of your business for 2014. How did your business measure up against financial goals? What are the lessons learned going into the New Year?
Topics: Cash Flow, Business Growth, Financial goals
