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.

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

What Is the Cost of Invoice Factoring?

Posted by Gil Oliva on Wed, Jun 12, 2019 @ 11:28 AM

Invoice factoring provides businesses with quick cash they can use to invest in expansion or cover expenses. However, business owners often wonder if it’s the most cost-effective way to obtain funding. Here’s a breakdown of the process, a comparison of recourse and non-recourse factoring, and a look at factoring fees.

 

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Topics: About Invoice Factoring, Cash Flow management, Invoice Factoring Costs, Invoice factoring

Trends Affecting Wholesale Distributors

Posted by Gil Oliva on Fri, Sep 29, 2017 @ 01:16 PM

Fall has arrived. As distributors take a breath and prepare for the holidays, now is a good time to evaluate how this year went and prepare for what is ahead in order to keep your company’s competitive edge. To stay up-to-date, you should stay aware of what is trending in your industry. Here are the trends affecting wholesale distributors:

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Topics: Distribution Financing, Wholesaler distribution, Invoice factoring

How Your Invoice Factoring Company Determines Clients

Posted by Gil Oliva on Tue, Jun 13, 2017 @ 09:00 AM

If your business has a less-than-perfect credit rating, or your company is having difficulty obtaining investments or a loan, invoice factoring can be beneficial. Invoice factoring companies base their decision on more than the business credit score when deciding who to work with.

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Topics: Alternative Financing, Invoice factoring

3 Reasons Why Customers Appreciate Invoice Factoring

Posted by Gil Oliva on Tue, Mar 14, 2017 @ 08:13 AM

Companies from many different industries and of many different sizes can benefit from using invoice factoring to grow their business. Some mistakenly think that using invoice factoring will hurt their relationships with customers; they assume customers will think a business that uses invoice factoring isn’t doing well. However, in some cases, the opposite is true.

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Topics: Business Growth, Accounts Receivable Management, Cash Advance, Financial goals, Invoice factoring

Attention Entrepreneurs: Have You Considered Invoice Factoring?

Posted by Gil Oliva on Fri, Feb 24, 2017 @ 08:02 AM

One of the most common reasons for stifled growth or even business failure is limited cash flow. A study by U.S. Bank showed that as many as 82 percent of startup and small business failures can be attributed to poor cash flow management.

As an entrepreneur, you may find yourself eventually looking for funding solutions.

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Topics: Small business financing, Small Business, Invoice factoring, entrepreneurs

Four Things to Look for in an Invoice Factoring Company

Posted by Gil Oliva on Tue, Feb 07, 2017 @ 07:06 AM

When you are ready to expand your business or need help resolving cash flow issues, invoice factoring may be your best option. Upon deciding to use invoice factoring, the next crucial element is determining which company will work best for your business. The factoring company you choose will impact the entire experience you have with the service, from the application process to customer support. Here are some tips on how to choose the right factoring company.

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Topics: Alternative Financing, The Benefits of Invoice Factoring, Invoice Factoring Costs, Invoice factoring

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