The staffing industry is strong and has been estimated to provide over 14% of the jobs in America. This is good news for the owners and operators of staffing companies as well as their clients and employees. This also means that many of these businesses are looking to expand and trying to find the funding to […]
Why Staffing Companies Are Choosing to Factor Their Receivables Read More »
I consider myself a safe driver. After all, I spend a lot of time behind the wheel of an RV that weighs a couple tons. Interestingly enough, the most dangerous I’ve been behind the wheel was in a Dodge Durango on a Thursday night. My wife and I decided to take the kids to the
Don’t Drive Off the Cliff Read More »
Many folks have their hopes resting in a vaccine in order for life to return to normal. Unfortunately, the situation is a bit more complicated than that. Even with a vaccine, small businesses have been closing left and right. Many small business owners don’t know how much time they have left in business. Why? Revenue
Is There a Small Business Vaccine? Read More »
Cash flow issues affect nearly every small business. To address them, there are numerous small business tools that allow for the influx of capital to cover the cash crunch, but don’t saddle the business with debt. One such tool is factoring. Within factoring, there are Recourse and Non-Recourse factoring arrangements. If you’re considering working capital
The Difference between Recourse and Non-Recourse Factoring Read More »
If your business has upcoming payment obligations, you will need to focus on improving your cash flow now. There are some simple and some complicated methods of improving your cash flow. Ultimately the right cash flow management for your business will be reliant on your industry and specific business needs. Yet there are some universal
5 Ways to Improve Your Cash Flow Read More »
Atlanta, GA – August 3, 2020 – Eagle Business Credit hires Carolyn McClure as Business Development Officer. Carolyn is an accomplished sales professional and will be responsible for securing new client and referral partner relationships. She brings with her nearly twenty years secured lending experience with both bank owned and independent factoring companies where she
Eagle Business Credit Press Release Read More »
If you have ever been to a fair or carnival then you know how horrifying the experience can be. Across the pond and many years ago, I decided to take the family to a fair. There’s something so heart-racing about the fair, and I suspect it’s the rapidly-assembled machinery more than it is the prospect
#FearlessFactoring Clowns or Trading Losses? Read More »
Business to business (B2B) sales techniques are different than selling to consumers. First, you are more likely to reach a gatekeeper or lower-level manager. The first challenge is catching your prospect at the right time. For cold calling, the best times to call are the first hour of the work day or the last hour
In 2004, I took a camping trip with the family. We packed our supplies and headed to Lake Casitas. I had the brilliant idea of fishing with my 8-year-old son and catching a fish to cook for our dinner. I stood shoulder to shoulder with my son, casting with the standard fishing rod I had
The Sharks Circling Your Business Read More »
The Federal Reserve Banks publish an annual small business credit survey report. The 2020 SBCS Report on Employer Firms is based on survey responses of small business owners from the second half of 2019. These responses show the current challenges of business financing and credit that small businesses face, and these challenges are only exacerbated
How to Get Small Business Financing Right Now Read More »
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