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The Cash Conversion Cycle and Its Impact on Working Capital Generation

“Cash flow is the lifeblood of any business,” according to PNC Bank’s Shana Peterson-Sheptak, Head of Business Banking. It flows through the segments of your business from your bank account to purchase inventory, manufacture/distribute products or provide services, invoicing, accounts receivable, and collections back to cash, where the cycle starts over again.  The number of …

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Factoring Company

Avoid These Four Mistakes When Choosing A Factoring Company

One of the most important things you should verify is whether the factoring company understands your business. Keep in mind, many times, you need more than simply invoice factoring; if you need additional services, finding the right company is more important. Take the time to discuss not only the field you serve, but also discuss …

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The Role of the Financial Industry in Rebuilding After Hurricane Harvey

Some of the leading scientists have estimated the cost of Hurricane Harvey trek through Texas could result in some $160 billion in damage. Homes, businesses and ports suffered serious damage; the rebuilding process could take months, and in some cases, could take years. Many Firms Offering Donations While many financial, and payment firms have currently stepped up and offered …

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