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Six Smart Strategies to Expand Your Manufacturing Business

August 1, 2022

Expanding your business can be one of the most rewarding experiences, and the most challenging. The only way for manufacturing businesses to stay ahead of competitors in today’s ever-changing environment is to embrace change.

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Categories: Business Tips

How to Collect Overdue Invoices Without Hurting Customer Relationships

June 29, 2022

Imagine a scenario in which all of your customers paid their invoices on time. Your cash flow forecast would be 100 percent accurate year round, you could make key business decisions with confidence and your bills would always be paid on time.

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Categories: Business Tips, Invoice Factoring

Top 6 Best Timeless Strategies for Guaranteed Business Success

March 4, 2022

Periods of growth can come and go quickly and the consumer’s needs and expectations shift. Trends can change from one month to the next.

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Categories: Business Tips

4 Reasons Why Your Startup Should Use Alternative Business Funding Options

July 6, 2021

While a great vision and business plan are crucial, obtaining sufficient funding is one of the most important elements a startup needs to succeed.

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Categories: Business Tips, Invoice Factoring

What are the Most Common Factoring Mistakes Trucking Companies Make?

February 26, 2021

Invoice factoring is a financing tool that allows your business to use its outstanding invoices to generate cash quickly and avoid waiting up to 90-plus days for customer payments. Essentially, your business is selling its accounts receivable to a factoring company at a discount.

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Categories: Business Tips, Transportation Factoring

Five Mindset Shifts You Need to Achieve Your Business Goals

February 3, 2021

For many people, moving into a new year involves taking stock of where they have been, where they are going and, most importantly, what makes up the in-between. If you are one of the many interested in maximizing yourself and your business, the first place to start is your mindset.

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Categories: Business Factoring Services, Business Tips

Invoice Factoring vs. Invoice Financing: Which Option is Right for You

January 12, 2021

If you are a small business owner overwhelmed with a growing stack of outstanding accounts receivable, you are not alone. According to a report by New Sage, 13% of small and medium-sized business’ invoices are paid late.

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Categories: Business Factoring Services, Business Tips, Invoice Factoring

7 Marketing and Customer Experience Trends Revolutionizing the Manufacturing Industry

December 26, 2020

The relationship between manufacturing companies and their customers is being revolutionized by various marketing and customer experience trends. Gone are the days when word-of-mouth marketing practices and a firm handshake were enough to win new customers and seal the deal.

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Categories: Business Factoring Services, Business Tips, Invoice Factoring, Manufacturing Industry

How to Complete a Small Business Cash Flow Analysis

December 12, 2020

When it comes to the financial management of growing a small business, cash is king. However, when a gap between paying your suppliers and employees and receiving payment from customers occurs, maintaining a smooth operation can become a real challenge.

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Categories: Business Factoring Services, Business Tips

Do’s and Don’ts: Complete Guide to Choosing the Right Factoring Company

November 26, 2020

 
As a small business owner, you understand just how important it is to stay on top of cash flow and what a challenge that task can be. Without sufficient cash flow, it will be difficult to meet payroll, operate smoothly and meet your financial obligations.

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Categories: Business Factoring Services, Business Tips, Invoice Factoring

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