Synopsis: The province is already doing its part to improve its environmental track record. Wexit, a movement promoting the secession of Western Canada from the rest of the country, has been gaining steam. A namesake party recently applied for Wexit … Continue reading
Continue ReadingCryptocurrencies, FinTech Set to Transform Small Business Financing
Introduction Across North America, Europe, Asia and beyond, central banks are increasingly entertaining radical new methods to shore up skyrocketing public liabilities and debts, particularly in developed countries now wrestling with rapidly aging demographic trends. These methods include currency-diluting measures, … Continue reading
Continue ReadingProtect Your Shipping/Logistics Business from Risk of Commercial Credit Loss
Introduction and IPS debacle If you are like many small and medium-sized enterprises (SMEs), you use a freight payment processor when sending and receiving shipments to and from your customers. But what assurance do you have that these processors will … Continue reading
Continue ReadingHow Can Factoring Help the Telecom Industry Cash Flow?
In telecommunications, invoicing customers with net 30, 60, or 90 payment terms is standard practice. Net X days means customers have X days to pay their bills in full. Public utility providers offer these terms because it reduces the cost … Continue reading
Continue ReadingWhere Can a Business Find Capital to Improve Cash Flow and Make Payroll?
Cash flow is crucial to the success of any business. A business can be profitable, but if cash flow is poorly managed, there can still be problems like delayed payments and insufficient funds for payroll. Delayed payroll lowers employee morale … Continue reading
Continue ReadingHow Can Factoring Help Businesses Struggling to Deal with Unpaid Invoices?
It is customary in business to offer long payment terms (30, 60, or 90 days) to bulk buyers and VIP customers. It is a benefit that many companies and bulk buyers look for when choosing suppliers. Unfortunately, outstanding or unpaid … Continue reading
Continue ReadingWhy Is Factoring so Important for Your Staffing Company in 2022?
The COVID-19 pandemic significantly impacted the staffing industry when it caused massive business shutdowns all over the country and the world. With businesses closing or reducing their operation hours and capacities, there was a much lower demand for staffing services. … Continue reading
Continue ReadingHow Factoring Can Help You in a Difficult Economic Environment?
Economic crises directly impact B2C businesses as consumers’ weak buying power translates into lower sales and revenue. B2B businesses may enjoy a little more cushion as businesses will no doubt try to hold out as long as they can. Still, … Continue reading
Continue ReadingHow to Meet Your Growing Payroll with the Help of Factoring
Businesses aspire for growth, not only for sales and revenues but also in production scale and staffing size. However, many business owners don’t realize that expansion brings an immediate financial challenge: making your payroll on time every time. This article … Continue reading
Continue ReadingHow Factoring Can Help Your Business Get Through Rough Patches?
How Factoring Can Help Your Business Get Through Rough Patches? Regardless of size, industry, or establishment, there’s not a single business in existence that’s immune to financial rough patches. For startups, in particular, statistics show that half will fail within … Continue reading
Continue ReadingWhat to Look for in a Factoring Company?
What to Look for in a Factoring Company? One of the biggest challenges small business owners face is maintaining a consistent cash flow that allows their businesses to operate and grow at optimum levels. With that said, it is more … Continue reading
Continue ReadingHow to Afford the Materials You Need to Run Your Business
One of the significant challenges of running a business is acquiring money to fund new equipment or materials necessary for the product or services you offer. Chief financial officers with low-risk appetites may decide to buy only when the company … Continue reading
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