Category: Invoice Factoring

It isn’t uncommon for businesses to experience a shortage of working capital, especially in today’s economic environment. Unfortunately, that same environment is making it difficult for businesses to obtain the working capital financing they need to promote growth and keep their operations on track and moving forward. Banks and other traditional lending institutions are tightening […]

The COVID-19 pandemic has wreaked havoc on the economy and left many small businesses with insufficient working capital. With businesses beginning to open back up, many suppliers will start to see orders rolling in again. While waiting 30, or 60 days for invoices to be paid may not have been an issue before the pandemic, […]

It’s no secret that after the financial crisis of 2008, banks were more stringent in screening a business loan applicant. Fewer business loans were approved, especially small loans, as they are less profitable.  This caused small business owners to turn to direct lenders, also known as alternative financing companies, for the funding they needed. What […]

Many businesses are struggling in the wake of the COVID pandemic. Unfortunately, some have been forced to close their doors permanently. Others have had to find new ways to do business. While being able to adapt can help a business remain successful, it typically involves new equipment, new processes, and employee training to use them […]