Not sure if a factoring company or a bank is right for your small business? Both can provide your company with working capital and help you cope with cash flow lulls, but factoring helps in ways loans don’t and can fill gaps left by traditional…
Invoice factoring is one of the most popular cash flow solutions, but all too often, small-business owners don’t hear about it until they’ve already leveraged a less-than-ideal tool or they overlook factoring because they’ve come across some misinformation on the net. On this page, we’ll…
Small-business owners need of working capital often turn to merchant cash advances (MCAs) to fill the gap. Given their popularity and the way the terms are presented, it’s easy to think that they’re a simple and cost-effective way to get a quick cash injection, but…
In the quest of raising capital for business, small businesses often face hurdles and disappointments. The business landscape is littered with small business owners who’ve stumbled in their search for capital. Many requests are denied and those who can secure more traditional forms of funding,…
Cost of funds, cost of capital, cost of debt… they sound similar, but they mean totally different things. Get a full breakdown on the true cost of funding here.
Profit margins have always been slim for freight businesses, but the pandemic brought this issue to a whole new level. As carriers and companies in the trucking industry adapt to challenging economic times and strategize their recovery, cutting expenses has been at the forefront of their…
Getting ready to compare factoring companies? As with any financial product, it’s essential to become familiar with factoring and how terms differ from one provider to the next. Below, we’ll break down some of the most-asked questions people have when comparing factoring companies, areas to…
90% of startups fail. Learn why it happens and how to safeguard your company against startup failure here.
Small businesses have historically turned to banks to get the funding they need, but traditional funding is expensive, and it’s always been tough to get approval. In the throes of COVID-19, approval rates further plummeted to a mere 11.5 percent, according to the Small Business…
Not getting the response you need from your marketing materials? Are prospects a little bored during your pitch? Need to revitalize your sales efforts? If the answer is yes to any or all of these, you have a marketing problem. What you need is a…
