Mar 7, 2019 | Invoice Financing, Small Business
No matter what state the economy is in, there will always be a need to transport goods from one place to another. This is why a freight transportation business can be a very profitable venture. This type of business has the potential to be lucrative, but it’s...
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Feb 19, 2019 | Invoice Financing
Factoring and forfaiting differ in nature, scope, and concept. Factoring pertains to the selling of a firm’s accounts receivables to a third party (a factoring company or a lender) at a discounted price. In forfaiting, exporters relinquish their rights to the...
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Feb 11, 2019 | Invoice Financing, Small Business
Many small businesses and startup companies experience issues with debt and cash flow. Poor cash flow can be an indication of early business failure which can effect your relationship with suppliers – especially if you owe them money. Business owners may resort to...
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Feb 7, 2019 | Invoice Financing
When looking to start a trucking business, it’s crucial to have a strong cash flow. However, financing can be difficult for new small business owners to obtain due to the requirements of a traditional loan: number of years in business, strong credit history, etc. This...
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Feb 5, 2019 | Invoice Financing
Finance factoring, or invoice financing, is the process of selling pending invoices to a factoring company at a discounted rate. This is a popular financing solution among small business owners because it offers immediate funding and is suitable for companies in all...
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Feb 4, 2019 | Invoice Financing, Small Business
Contrary to popular belief, business invoice financing is not a business loan, but rather an advance against your business’ pending invoices – money your customers already owe you. Through this process, you sell your outstanding invoices to a factoring company,...
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