Do you work on government contracts? If so, you may find that your business can be extremely profitable when you finally receive your payments. Generally, government contract work may take a very long time to be paid and invoices you send out may take several months to be cleared. In the meantime, you still need to pay your business expenses. How can you get cash to meet your needs while… Read More »
Companies in the oil and gas industry often run into unexpected expenses and late payments from clients. These two issues may put a crimp in the amount of cash a business has from month to month. How can oil and gas company owners keep themselves in the black while they wait on customer payments? Oil and gas factoring plans can be of great assistance. These arrangements allow business owners to… Read More »
If you’re in the construction business you likely know that a thin profit margin is par for the course. Many construction companies and contractors operate in the red for the first few years due to late payments from clients and rising operation costs. Even businesses that are profitable may run into difficulty meeting their obligations from time to time if their clients take a long time to pay. Some construction… Read More »
Do you need to purchase some new equipment for your business? Are you waiting to make your purchases because you don’t have the cash to pay for the items outright? Consider taking advantage of an equipment finance plan to get the office equipment you need. The key to choosing a wise equipment finance plan, however, is understanding exactly what’s involved in the arrangement. What is Equipment Financing? Put simply, equipment… Read More »
If you own a business and you have considerable company assets such as equipment you might be able to use asset based lending to get the funds you need for pressing expenses. Asset based loans allow you to use the value of the assets you have to get money right away. If you’re interested in pursuing asset based lending for your business you’ll want to know exactly what’s involved in… Read More »
Are you a plaintiff seeking lawsuit damages against a company or individual? Is the process wreaking havoc on your financial situation? If so, you may benefit from lawsuit settlement funding, a financial arrangement that can give you the funds you need to take care of your immediate expenses. Taking advantage of this plan may help you to get the money you need right away rather than having to wait until… Read More »
Small businesses that need to get access to cash quickly may benefit from obtaining a merchant cash advance. This arrangement allows company owners to access funds right away without having to go into debt or have a good credit history. Before taking out a merchant cash advance, however, it’s best to find out about what the arrangement involves ahead of time. What is a Merchant Cash Advance? A merchant cash… Read More »
Invoice factoring is a temporary financial arrangement for business owners who need to collect on their outstanding invoices quickly. Typically, companies operate on a 30 or 60 day payment term plan, which means owners may have to wait up to two months to receive payment for their services. With invoice factoring, however, businesses can collect their payments within as little as 48 hours. Before applying for a factoring arrangement, however,… Read More »
If you’ve decided to make use of invoice factoring you might be surprised by the number of factoring companies that are out there. Before you agree to work with any one company it’s important to learn how to select the best factoring finance company for your business. Here are six areas you’ll want to consider. 1. What is the Company’s Typical Client Size? Despite claims that a factoring company can… Read More »
We are excited to announce the unveiling of our new website to the media. The site is intended to serve as an information resource for business owners and integrates social media, a blog, downloadable content and other media. Read the press release for more information on the addition of new resources centered on cash flow management and business finance: http://www.prweb.com/releases/factor-funding/website/prweb9255215.htm