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Hello world!

2019-03-23T02:48:40-06:00

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

Hello world!2019-03-23T02:48:40-06:00

How to use factoring for cash flow

2019-03-30T18:04:06-06:00

Small Business Invoice Financing. Companies facing a cash-flow squeeze and slow-paying customers often sell their invoices or accounts receivable to specialized companies called factors. The factor advances most of the invoice amount — usually 70% to 90% — after checking out the credit-worthiness of the billed customer. When the bill is paid, the factor remits the balance, minus a transaction (or factoring) fee. Companies that use factoring like it because they get money quickly rather than waiting the usual 30 or 60 days for payment. After sending an invoice to a factoring firm, a business can have money in its [...]

How to use factoring for cash flow2019-03-30T18:04:06-06:00

Who can qualify for a SBA loan?

2019-03-30T18:15:48-06:00

Perhaps no loan is more sought-after than the SBA loan. Partially guaranteed by the government, SBA loans are long-term loans that can be used for virtually any purpose. When it comes to rates and terms, it’s hard to find a more favorable loan option. The SBA provides guarantees to participating lenders in order to mitigate their loss risk. This allows banks and other lenders to make loans to small businesses that otherwise wouldn’t be able to qualify. Here’s everything you need to know about why SBA loans are an ideal funding source for business owners and who qualifies for an SBA [...]

Who can qualify for a SBA loan?2019-03-30T18:15:48-06:00

Understanding working capital loans

2019-03-30T18:23:37-06:00

What is a Working Capital Loan? Most business loans are issued for the purpose of financing business investments, assets, and business expansion. Working capital loans differ in some key respects, including their purpose (covering day-to-day expenses like accounts payable, payroll, repairs, and unexpected expenses) and the duration of their repayment period, which is typically much shorter than a traditional business loan. They can be easier to obtain than larger, longer-term loans, but can also carry certain disadvantages of which the borrower should be aware. Types and Purposes of Working Capital Loans. There are multiple types of working capital [...]

Understanding working capital loans2019-03-30T18:23:37-06:00