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…
Author: Armando Armendariz
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…
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 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. We assist businesses every day with the factoring application process when…
Tips & Benefits of Invoicing Automation Software for Your Business
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….
7 Undeniable Benefits of External Collaboration for Business
External collaboration is essential to business success today and is growing in popularity. But, rather than simply “falling into” collaborative relationships or leaving it to chance as they once did,…
11 Supply Chain Trends Affecting Businesses Today
Supply chains have been completely disrupted in recent years. Many blame the pandemic. Although that certainly had a hand in accelerating the issues, the reality is that changes were rolling…
9 Businesses You Didn’t Know Could Use Invoice Factoring
Around two-thirds of small businesses require some form of financing, according to the latest Small Business Credit Survey. Most apply for traditional bank loans and lines of credit. Unfortunately, most…
What is a UCC Filing, and Do I Need One?
Tens of thousands of UCC filings are made every day across the country. UCC lien filing is a part of everyday business and is common in lending. However, a UCC…
