Collecting Customer Invoices While Maintaining Customer Relationships
Customer relationships and cash flow are both crucial to small businesses, so it can sometimes feel like a no-win situation if you’re sitting on a stack of unpaid invoices. On…
How to Handle Your Accounting, Loan Forgiveness, PPP, & More
Nearly 12 million loans were issued under the Paycheck Protection Program (PPP), according to ProPublica. This amounts to some $799 billion disbursed, of which $395 billion has already been forgiven. But,…
How to Fix Cash Flow Issues for Your Trucking Business
Business owners often focus on profitability, but it’s actually cash flow problems that cause trouble for most. Particularly in transportation, an industry with tight profit margins, high overhead expenses, and lengthy…
Quick Pay vs. Invoicing Factoring
Quick Pay and invoice factoring are two cash-for-truckers methods that companies in the trucking industry can leverage to get paid faster. Given that it often takes 60 to 90 days…
PO Financing or Invoice Factoring: Which is Best for You?
Virtually all businesses need injections of working capital from time to time. However, if you are a small business owner or a startup, you may not qualify for traditional financing…
8 Benefits of Using Fuel Cards for Your Trucking Company
Considering a fuel card or want to know how to get one? Whether you’re an owner-operator or have a fleet, they can be a huge asset to your trucking company, allowing you…
Why Freight Factoring is the Right Option for Transportation Financing
Is your transportation company wrestling with cash flow issues? When it comes to transportation financing, invoice factoring (also known as accounts receivable financing, or accounts receivable factoring) is one of…
The Difference Between Debt Collection and Invoice Factoring
If your business is dealing with a cash flow shortfall, unlocking working capital trapped in your accounts receivable is a great place to start. Both invoice factoring and debt collection…
What Are the Best Funding Options for Small Businesses?
Sorting through the best small business financing options has never been more challenging than it is today. With record-high denials and low funding rates dotting the landscape, even seasoned small-business…
9 Tips for Managing Cash Flow During an Economic Crisis
Are you trying to manage your cash flow better? Under ordinary circumstances, effective cash flow management means your business is investing in its future, is prepared for emergencies, and has…
