Many small business owners struggle to find a real solution to their cash flow problems. This can be particularly debilitating since consistent, reliable cash flows are the lifeblood of any successful business. If you’re in the unfortunate position of taking in less money than is going out every month, your business may benefit from establishing Read More ›
With the growth of the invoice factoring industry, it has become more crucial than ever for a business owner to be selective in his or her search for the best factoring company. The more informed a business owner can be regarding invoice factoring, the better chance they have of selecting the right “fit” the first Read More ›
When comparing invoice factoring companies to traditional bank lenders, there truly is no right or wrong approach. The short answer to “which method is best” is that it simply depends upon each company’s financial needs. Our goal with this article is not to steer prospective borrowers in any specific direction, but rather to act as Read More ›
If the goal is to grow your small business, you need working capital. While growth can, and should, lead to larger profits, it also leads to increased overhead expenses. Although a bank loan or line of credit may help to cover these escalating costs, banks are often unwilling to fully meet a small business’s working Read More ›
For the month of May, we will focus on a new client who approached us regarding his California construction factoring needs. This subcontractor works with municipalities in the Southern California region and his firm handles various stages of electrical projects for public works buildings – from new construction to ongoing maintenance. While the monthly revenue Read More ›
Thousands of small businesses find themselves facing the same dilemma on a daily basis, year after year. These organizations typically possess the desire, skills, and even customer-base to expand their operations, but they often lack the financing necessary to take that leap. It’s common for these businesses to work with credit worthy customers, but their Read More ›
For the month of March we are placing the spotlight on a new client that provides medical and non-medical (assistive) home care services. The client has been in business for approximately two years, but has had difficulty growing her operation due to the cash flow constraints she experiences when billing Medicare and other insurance companies. Read More ›
We often find ourselves speaking with business bankers and CPAs who have difficulty securing complete financial solutions for their small business clients. Sometimes, these clients are newer companies that have not been in business long enough to obtain traditional bank financing. That being said, these businesses are just as often well-established companies that simply need Read More ›
When it comes to deciding which invoice factoring company is the right one for you and your business, everyone agrees…you want the best! But who is the best and how does one even go about making that distinction? Before we delve into that search, it’s first important to fully realize that finding the Best Factoring Read More ›
For the month of February, we are featuring a company that approached us with a need for purchase order financing as well as invoice factoring for their manufacturing business. This client assembles and sells household products that are found in hardware stores across the nation. All assembly is performed in-house, and as a result, the Read More ›