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
Continue ReadingIs Now the Right Time to Start a Trucking Business?
With the trucking market in America being worth well over $800 billion a year, it may be time to get trucking and start a trucking business. The growth of online retail in recent years means that now, more than ever … Continue reading
Continue ReadingTop 10 Reasons For Factoring
Factoring is a financial transaction in which a business’s outstanding invoices are sold to a factoring company at a discount – in exchange for cash upfront. It’s all about cash flow, as sometimes business owners do what they must pay … Continue reading
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