Category: Factoring

All B2B companies deal with waiting 30 to 60 days to get paid on their invoices. Providing credit to buyers is ‘par for the course’ in most markets. This is fine for larger companies that can afford to wait it out, but small and mid-sized companies can be hurt by waiting so long for payment. Worse yet, smaller businesses usually have limited or no access to traditional bank loans to help make ends meet.

Why should a business with tight cash flow be extending credit? It makes no sense. The secret is: you don’t have to.

So you finally got your start-up off the ground. Congratulations. Business has been good and now you see an opportunity to expand. Congratulations again. However, expanding generally means financing, and financing means credit. Having good business credit can be the difference from capitalizing on this opportunity to expand or watching on the sidelines as it passes you by. This is why establishing the ground work for financing is so important.

The first (obvious) step is to

A line of credit is a convenient way to manage finances in a business. The money is available to use, but it is not racking up interest when it is not being tapped into. This is a good way to …

Every aspiring entrepreneur dreams of one day starting their own business. And while they might dream of the days when it grows to become a large empire, the reality is that the entrepreneur will have to start small. Starting at …

Net 30 days terms are great for retailers, especially if they can move inventory quickly. How does selling something and counting your profit BEFORE you pay for it sound? For businesses with this blessing, it means low capital requirements. However this good financial situation is at the expense of their suppliers who end up carrying higher capital requirements because of these payment terms.

For larger more established businesses, these capital requirements are not much of a financial burden. They usually have enough cash on hand to manage the float time, and have avenues for financing if things get tight. On the other hand, upstarts tend to be scarce on capital thus making 30 day payment terms much more of a burden. The fact that upstarts usually cannot qualify for any traditional forms of financing exacerbates this problem. However savvy entrepreneurs have a tool to help manage this problem.

Cash flow is the life-blood of any business.  Cash flow financing can help companies to grow and survive in today’s economy. Without adequate cash flow financing even the best salespeople and most creative ideas will fail.  Call us today at …