10 Credit Crunch Business Strategies to Boost Your Resilience
“Credit crunch” is more than a buzzword. Nearly nine in ten small businesses say it’s impacting their growth, a new Goldman Sachs survey finds. One in five say it’s causing…
Author: Armando Armendariz
5 Benefits Factoring Companies Offer Other Than Factoring
The benefits of invoice factoring cannot be overstated. Most businesses with B2B invoices qualify, and it provides you with an instant injection of working capital that you can use however…
Factoring Notice of Assignment (NOA): Everything You Need to Know
A factoring notice of assignment (NOA) is usually required when you factor your invoices. Rest assured, NOAs are quite common in business and aren’t a cause for concern. However, it…
How to Build a Powerful Business Financial Team
Although you may be perfectly capable of managing day-to-day activities, building a business financial team will become imperative as your company grows. Below, we’ll look at some situations when adding…
How to Identify and Avoid Business Scams
If you’re looking for information on how to identify business scams, the unfortunate truth is that, in all likelihood, you’re already a victim. More than two million small businesses are…
8 Simple Ways to Encourage Your Customers to Pay on Time
Managing your business’s cash flow and trying to get invoices paid on time can seem like an uphill battle. These are the customers who have consistently helped you build your…
9 Small Business Financial Blogs for Successful Entrepreneurs
There are countless financial blogs for small business owners on the net. But figuring out which ones provide accurate and timely information is a different matter altogether. We provide a…
5 Ways to Improve Your Business Credit Score
Trying to figure out how to improve your business score? Contrary to what some might say, you can’t actually build business credit in 30 days—not if you’re trying to move…
Factor Rate vs. Interest Rate: What’s the Difference?
What’s the difference between a factor rate vs. an interest rate? You’ll see both these terms in relation to your total cost as you explore business funding options. However, they’re…
The History of Invoice Factoring
The history of factoring can be traced back thousands of years. However, arrangements that benefitted business owners or entrepreneurs in the days of trading grain are much different than what…
