Already valued at $625 billion globally, asset-based lending for businesses is expected to more than double in the next seven years, according to Maximize Market Research. Small businesses, which often…
Have you ever noticed how Amazon always seems on top of trends, offering a deluge of options each time something makes it big on TikTok? Or, how Spotify always seems…
“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…
Few things influence business cash flow quite like client payments do. Yet, 55 percent of all B2B invoiced sales are overdue, Atradius reports. This creates significant strain and makes it…
Nine in ten small business owners aren’t confident they have adequate insurance coverage, Forbes reports. Nearly 30 percent don’t have any business insurance at all. This is concerning, given how…
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…
As you explore your invoice factoring options, two terms you’ll see are “recourse factoring” and “non-recourse factoring.” Understanding the difference between the two can help keep more money in your…
Are you curious about the cost of invoice factoring and whether it makes sense for your business? It works differently than traditional financing, so calculating the fees is a bit…
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…
Business credit cards can seem like an easy way to fund your business. However, they come with risks that business owners don’t always foresee. This page will cover the pros…