Cash Is King – Thoughts on Improving Your Business Cash Flow

We have all heard it said many times that CASH IS KING! Well in these uncertain economic times it seems more difficult than usual to get an audience with the ‘king’.  My specialty is helping those in business to get a handle on their cash flow challenges. I thought it might be helpful to offer a few hints on improving … Read More

What Keeps Business Owners Up At Night?

I recently read a funny quote, “As a small business owner, I sleep like a baby. I go to bed at 8 PM and wake up at midnight screaming.” I don’t know who said that, but I can relate, and I bet I’m not the only one.  Here is a list of some of the ‘buttons’ that cause entrepreneurs sleepless … Read More

How to Grow Your Business in a Slow Economy!

Unfortunately, in our sluggish economy, slow-paying customers have become more the norm than ever before. Like it or not, slow payments seem to be here to stay. As a rule, commercial clients take 45 – 90 days to pay their outstanding invoices. For many small- to medium-sized businesses this is a crippling financial reality, especially if that business is in … Read More

Is your Small Business Keeping Up??

Now, more than ever, it is imperative that you, as a small business owner, are keeping up with the current trends. To ensure success and growth you need to continually push yourself, and consequently your business, to the next level. In today’s fast paced business environment business owners are faced with the choice of forging ahead or falling behind. ]]>

What is invoice factoring and how can it help my business?

Invoice or receivables factoring is a tool that will benefit any business or entity which sells goods or services and waits for invoice payment. Factoring is a tool through which businesses can get immediate money from a factoring company by selling their accounts receivable at a discounted rate. The discounted rate charged by a factoring company, is similar, and can … Read More

Keeping Cash Flow Flowing!

In a recent report out from Dun and Bradstreet, the credit reporting agency disclosed the trend is up for businesses taking more than 90 days to settle their payables. In December, the number of invoices outstanding for greater than 90 days had increased by 20%. Oddly enough, smaller firms are actually settling their accounts more rapidly than their larger counterparts. … Read More

The 1,2,3′s of Factoring

1) You deliver the goods/services to your customer/client. 2) You create an invoice > submit it to your customer and the finance company. ]]>

Small Business Financing Options = Receivables Factoring

With the ongoing financial challenges of the current economic climate, it is fairly obvious that entrepreneurs need to be financially savvy as well as creative in how they drive their businesses. The banking industry is tightening up their credit score standards and alternatives once available to the small business owner are no longer viable options. ]]>

Accounts Receivable Financing = Cash to Grow Your Business

Companies need to maintain a steady cash flow to keep their businesses running and growing. Whether it is returning to business as usual after the schedule of summer, or something else, fall tends to be a busy season for most businesses. It is critical that the business is in a financial position that will allow them to supply the goods … Read More