Blog
2020 Global Factoring Report
During 2014, more than $3,000 billion dollars changed hands between businesses and companies who provide factoring. A 2019 study recently published by Reports Monitor (RM) determined that by 2026, more than $4,600 billion will be handled in this manner. The data in this study shows other...
Prepare to Put Minority Contract Opportunities to Work for Your Business
Minority-owned businesses may have the ability to bid on contracts which other businesses may not have. In large part, this is because of the Minority Business Development Agency which encourages states, and municipalities to hire minority businesses to complete projects on their behalf. However, as...
Emergency Funding Sources for Businesses during a Pandemic
Our economy has taken a real beating since early March when many states closed down non-essential businesses. This has resulted in numerous small and mid-sized business owners to scale down their operations, or in some cases, to scale up their operations because other businesses were...
How to Strengthen Your Business for Growth In a post COVID -19 Environment
How Invoice Factoring Can Strengthen Your Business for Growth The economic challenges of the Corona Virus have left a cash flow shortfall for many firms. Even in today’s high growth economy, the cards are still stacked against many small firms. With an impaired balance sheet as...
A look back at 2019 business growth in America
Throughout 2019, we experienced a tremendous uptick in the economy resulting in low unemployment, low inflation, and increased household spending. Overall, one would believe this would lead to significant growth across a number of sectors of the economy. However, there were other forces which when...
Making the Most of Your Finance Network With Invoice Factoring
Most small and mid-sized business owners know someone who offers financing options. When you are running a business, there are occasional times when keeping up with cash flow needs feels like an impossible hurdle to overcome. Companies understand how long it takes to apply for...