While generating revenues, managing expenses and earning profits is important, proper account receivables management is important as well. It’s a pretty simple concept: the more efficient your receivables are managed the better your cash flow. The better the cash flow, the quicker your payables are paid. When that happens, you don’t have to worry about keeping creditors at bay or making payroll on Friday because your balance sheet is strong.  

In the world of finance it is hard to know whom you can trust. When you need fast business loans, the last thing you want is to end up with the payday lenders of the business world. How can you get the funding you need quickly without ending up with a lender that only cares about making a quick buck?

When I tell people that I am the portfolio manager of a factoring company I typically get the same response. 

Okay, let’s say you’re a small business owner. Regardless of the nature of your business (i.e. manufacturing, distribution, etc.), there is one important thing that’s required to effectively run your business. Can you guess what that one thing is? If you guessed cash, then you’re right!

With the commercial finance market crowded with factoring companies, it can be difficult to find the best cash flow financing company for your firm. This article breaks that tough process down into five easy steps.

One of the most frequent questions I get from new clients is how to tell customers about factoring, what is going to be required on the part of the customer and how the customer is going to react to their vendor using a factoring company.  

It’s hard to believe we’re already almost through 2012! This year has flown by and thus far, 2012 seems to have been a year where small businesses have been stabilizing a bit. I say “a bit” because all the business owners I talk to still want and need additional capital to manage or grow their businesses. Many of them talk to me about alternatives to banks and financing a business because they know it is the field in which I work every day. Lucky me?!?!

Current Industry Trends and New Technology for Trucking Factoring

One of the biggest struggles that any business faces is managing cash flow. Even businesses that are profitable on paper can have difficulties finding the cash to pay a critical vendor or make payroll on Friday.