Most businesses at some point in their lifecycle will face issues with financial distress and underperformance. In extreme cases, they may result in a situation where outside consulting services are needed to implement a turnaround strategy. Turnaround strategies are typically centered on accelerating and stabilizing...
As a Financial Broker, you know that sufficient business funding is a crucial aspect for any company. It provides the necessary working capital to start, grow and expand a business. Often times, you may encounter a business owner who is not familiar with invoice factoring...
The due diligence process is an essential component of secured lending. It is one of the most significant preliminary steps before proceeding with any business transaction and identifies potential risks and opportunities, ensuring it is beneficial to all parties involved. The secured lending industry is...
Breaking through the noise in a crowded and competitive market segment is a growing challenge for financial brokers and ISOs. Your competitors are promoting their businesses frequently, adding ever more noise to your market segment. This makes it very difficult for clients to differentiate one financial...
Accounts receivable factoring, aka invoice factoring, is a financial tool used by small and medium-sized businesses to help them maintain steady cash flow. Businesses convert their outstanding company invoices to immediate cash flow through a third-party financial intermediary known as a factoring company (“factor”). Factors fund...
The federal government wants to do business with small businesses and prioritizes contracts to these types of entities. In Fiscal Year 2021 alone, the government awarded about 26% or $154.2 billion in federal contract dollars to small businesses. These vast sums will go for a wide...
Small and medium-sized businesses turn to invoice factoring as a way to manage their cash flow. The ability to obtain immediate cash, instead of waiting 60+ days for their customer to pay an invoice helps business owners fund operations, pay employees, purchase materials and supplies,...
Businesses, large and small, will face cash flow problems at one point or another within their supply chains. Sufficient financing options for these businesses are increasingly difficult to come by as supply chains continue to become increasingly complex and evolve in the wake of tighter...
Cash flow is the lifeblood for any business. It is needed to sustain operations, meet financial obligations, pay employees, maintain adequate inventory levels, and enable growth. Generally, revenues and profits will not coincide with cash inflows and outflows meaning that a business can be profitable;...
The uncertainties facing small and medium-sized businesses – difficulty in obtaining loans, rising interest rates, and high rates of inflation, to name a few – have created many situations where businesses need to consider alternative forms of business funding, such as invoice factoring, to fund...