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…
Cash Flow Analysis and Forecasting for Small Business Made Easy
Cash flow analysis and forecasting can make or break a small business, but it’s not always easy to know where to start if you don’t have a background in finance…
Referral Partnerships: How to Leverage Your Social Capital
A strong referral partnership can help your business attract more new clients and grow stronger. However, there’s more to developing an effective referral program than simply asking people to refer…
U.S. Bank Holidays 2023: Full List to Add to Your Calendar
There are 13 federal holidays, often referred to as U.S. bank holidays, throughout the year. Because they often impact everything from customer behavior through employee management and cash, keeping track…
What is a Merchant Cash Advance (And Why You Might Want to Avoid It)
A merchant cash advance (MCA) may seem like an easy way to bridge a funding gap, but it just might be a decision that haunts your small business for some…
What to Expect When Switching Factoring Companies
Don’t let your current factoring agreement fool you. Switching factoring companies is not necessarily a complicated or expensive process. In fact, we help businesses do it every day when they…
10 Nontraditional Cash Sources for Small Businesses
Sometimes traditional lending options like bank loans and lines of credit just don’t cut it for small businesses. If you’re looking for nontraditional cash sources because you don’t qualify for…
The Important Role Company Culture Plays in Business Success
“Company culture” may seem like the buzz phrase of corporate America today, but there are good reasons behind the shift in focus. Businesses that prioritize workplace culture have more enthusiastic…
Tips & Benefits of Automating Your Invoicing Process
Considering automating your accounts receivable? It’s one of the best things you can do to boost collections and accelerate payment, but it can be difficult to know where to start….
8 Working Capital Sources for Your Business
Considering a working capital loan? Many businesses explore their options when they’re short on cash and worried about payroll, ordering supplies, or covering other daily expenses, but quickly realize traditional…
