Business Funding

I have been in the commercial finance industry for almost seven years.  If there’s one thing I’ve learned in that is that for a business to succeed is it must cash flow. 

The benefits of factoring are well documented. Factoring is a great way to improve your cash flow, relieve stress and free up cash for new business development.  It allows you to outsource credit assessment and some collection functions to a third party. It gives you the ability to focus on what’s important in your business.

In my almost seven years in the commercial finance industry, I have seen the benefits of cash flow financing:

No business owner wants to face a downward business trend. When revenue falls difficult decisions have to be made. Do you need to sell equipment? Do you have to let employees go? Is your business going to survive?

I’m sure there are a lot of business owners out there who have the fiscal cliff on their mind. Some of you probably have big questions about how your business is going to be affected with the tax cuts being eliminated. You probably have questions like:

As we are well underway in 2013, I’m sure if you own a small business you’ve thought about how you can make your business better, even if you had a solid 2012.

Mario Andretti once said, “If everything
seems under control, you're not going fast enough.” Speed may be the primary metric
we use to judge a race car, but you have to look at more than that when evaluating fast business loans. Bob’s Loan Shack on the corner may be able to get cash in your hands quicker than anyone else, but do you really want to trust your company to Bob’s Loan Shack?

Invoice Factoring

Did you glance twice at this title? Yes, we are actually going to give you three and a half reasons for why you should consider invoice funding to garner additional cash flow for your business. Most tip sheets available on the internet give you five, seven or even 10 great reasons why you should do something. When
it comes to factoring online there are so many reasons why it makes sense, but if you want the top few, make sure you skim through the ones below, especially the “third and a half” reason. This reason alone drives home the importance of accounts receivable factoring.