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Although the economy is recovering, many companies are suffering additional losses which have further weakened their financial position.  Losses derived from insufficient credit risk management policies and practices have many businesses without sufficient working capital to meet their daily cash flow needs. Payments for open invoices are being “stretched” out longer and businesses are experiencing …

Strategies for Businesses That Want to Mitigate Credit Risk Read More »

Growing concerns over the potential negative impacts caused by fossil fuels on the environment, health, weather, and the economy have increased the consensus among stakeholders – consumers, business, and government – that action needs to be taken to reduce the use of fossil fuels in transportation, industry, construction, agriculture, and other sectors. Environmentally sustainable growth …

Green Energy Initiatives Are On the Rise and So Is the Demand for Funding Read More »

Starting off with positive news, the U.S. economy shows strong signs of recovery as the pandemic abates and confidence in the vaccines grows. On the downside, expect many parts of the economy to experience some growing pains. For example, businesses still struggle with supply-side and labor issues. Businesses and individuals will have to choose between …

Pandemic Recovery Impacts on Business Growth Read More »

Scoring a new contract or purchase order from a reliable customer can provide any contractor or supplier with a windfall growth opportunity. Still, the nature of the opportunity can also present many growing businesses with a dilemma. Credit-worthy companies know that plenty of suppliers and other contract firms covet doing business with them.  Accordingly, they …

Payment Terms Trending Longer Post Pandemic – Tips to Manage Cash Flow Woes Read More »

Disadvantaged businesses often lack sufficient access to business financing options. Some reasons for this might include a lack of collateral, lower net worth, too little credit and banking history, or other tangible and intangible barriers. To pursue certain opportunities, businesses also often need faster approvals and access to funds than banks and other typical lenders …

MWDBE Funding Options Compared After the PPP Runs Out of Money Read More »

Jeff Bezos received the initial capital for Amazon when his parents offered to invest almost their entire life savings in his idea. Most startup and small business owners don’t have this luxury or might prefer to pass on such an offer anyway. Still, companies typically need to seek a source of outside financing in order …

AR Factoring Vs. Bank Lines of Credit – Pros & Cons Reviewed Read More »

In the construction industry, the term “mobilization” refers to the effort and expense involved in getting a project started. Some common examples of mobilization tasks might include scheduling crews, securing permits, establishing a site office, arranging transportation, renting or buying equipment, buying materials, and even back office support. All of this advanced preparation requires funding …

Funding Construction Mobilization With Invoice Factoring Read More »

Every new business hopes to join the ranks of those famous unicorns that turn profitable right out of the gate. Sadly, most startups fail to meet this goal. Even worse, the best concepts often struggle or even fail within the first few years. According to research cited by SCORE, almost all budding companies wrestle with …

Is Invoice Factoring an option when starting a company? Read More »