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Facts About Inventory Loans for Small Business
| Share on Facebook Share on Linkedin Share on Twitter Contents Inventory loans for small business is ideal for enterprises dealing with rapidly moving inventory and expanding working capital. An entrepreneur should take the time to understand what this financing option is, how it can help, and what it requires from the borrower. Defining Inventory…
Factoring Invoices Pros and Cons: An In-Depth Look at the Mechanics of Invoice Factoring
| Share on Facebook Share on Linkedin Share on Twitter Contents Invoice factoring is a type of financing that allows entrepreneurs to advance cash against the value of their accounts receivables. In other words, you take out a loan ahead of the cash that you’re yet to collect from your customers or debtors.Let’s define invoice…
A Definitive Guide to Asset-Based Finance
| Share on Facebook Share on Linkedin Share on Twitter Contents Key Takeaways Asset-based finance or asset-based lending requires borrowers to put up collateral to qualify. Some of the most common collaterals you can use are real estate, accounts receivables, heavy equipment, and inventory. Note that lenders won’t offer a fixed interest rate for asset-based…
A Beginner’s Guide to Invoice Financing Definition for Business Growth
| Share on Facebook Share on Linkedin Share on Twitter Contents Invoice financing is a type of short-term borrowing extended to your business by a lending institution based on your customer’s unpaid invoices. It means you can get your invoices paid immediately rather than waiting for a longer time. Collecting payments from your customers can…
How Can Small Business Factoring Preserve Your Working Capital?
Entrepreneurs must take time to understand their cash flow and create a plan to address any potential problems. Fortunately, there are many solutions for negative cash flow, including small business factoring. How Does Small Business Factoring Work? Small business factoring involves refinancing invoices that have not yet matured. The first thing you need to do…
Inventory Loans vs. Inventory Line of Credit: What’s the Difference?
| Share on Facebook Share on Linkedin Share on Twitter Contents Inventory financing allows you to leverage your company’s unsold inventory in exchange for immediate and revolving cash flow. Through financing, your business could secure the funds necessary to grow your business. There are two types of inventory financing available for entrepreneurs. These are, namely,…
A Deep Dive Into the History of Invoice Financing
| Share on Facebook Share on Linkedin Share on Twitter Contents Invoicing is not a modern invention. It has been a useful tool for enterprising individuals since the time of the ancients. Merchants needed a tool to keep track of payments owed and to present proof to their customers. The ancients also used forms of…