December 11, 2019

Is Invoice Factoring Worth It?

Small businesses with less than $10 million in annual revenue have a hard time receiving loans from banks. The challenge is even greater if the business is only a few years old. With a bank, everything feels safe. Secure. Most people are familiar with the traditional… Read More

December 4, 2019

Alternative Financing for Startups: Three Reasons to Consider Invoice Factoring

Startups love to land a big signature client. A “Whale” of an account like Amazon, Walmart, or Johnson & Johnson. These types of brand name customers immediately establish credibility for your new business and greatly improve the ability to grow fast.  But what happens when that… Read More

November 19, 2019

Merchant Cash Advance – How Does It Work?

The Scenario: You need $50,000 to pay for inventory, another employee, payroll, etc. The Merchant Cash Advance company (MCA) sends you the full $50,000 amount to meet this need. In return, you send the MCA company your bank’s information. To collect their payments, the MCA company… Read More

November 13, 2019

What is an Equipment Loan?

You need to buy a new: Tractor Semi Truck MRI machine Other machinery, restaurant equipment, etc. These are big capital expenses that most small to medium-sized businesses can’t afford to pay all at once.  We are… Read More

November 6, 2019

Why Invoice Factoring is the Best Financing Option For your Business

If your company has to invoice your customers on net terms, you’re probably all too familiar with slow-paying customers.  Late paying customers can be a frustrating, yet inevitable part of running a business, but there are ways to get your invoices paid faster.  The most common… Read More

October 30, 2019

Why Is There A Lien Against My Business?

If you haven’t read it, brush up on secured vs. unsecured loans. A lien, otherwise known as a Universal Commercial Code (UCC) filing, is a legal form that allows a creditor to tell the world that they have a claim on your business assets until… Read More

October 25, 2019

Secured vs. Unsecured Financing 

The first thing to note, these definitions refer to lines of credit so that we can talk in specifics. With Invoice Factoring, there’s no collateral at all, you’re just selling an invoice to a factor in exchange for an advance payment. It doesn’t need to be more complicated… Read More

October 23, 2019

Do You Have Financing Based on Your Accounts Receivable Without Even Knowing It?

You’ve got repeat customers and your sales funnel looks good. Smooth sailing, right? Whether it’s to stay on the same growth trajectory or to cover costs, a lot of businesses seek out financing. The challenge we’ve seen is that a lot of business owners are so happy to get a… Read More

October 16, 2019

Reverse Factoring Explained 

Reverse factoring, also known as supply chain factoring, is a financial tool that optimizes cash flow and reduces the cash flow impact of longer payment terms on suppliers.  It enables the ordering party to pay their suppliers quickly and more efficiently with no additional cost to the ordering… Read More

October 8, 2019

Why Every Business Needs a Growth Partner

As your company gets off the ground and you are looking at taking it to the next level, you may want to consider a “growth partner” that not only offers funding, but also aligning you with tools, resources, and opportunities that can speed up the initial processes of… Read More