When a business owner has a bankruptcy on record or is currently restructuring due to insolvency, traditional lenders will shut their doors. Bankruptcies do not stop factoring companies from purchasing invoices. Eagle Business Credit evaluates the credit of your clients, not your business. Rather than seeking high interest loans from online lenders, sell your receivables …
Working capital is the lifeblood of small businesses. You may be making sales and growing revenue, but how does that translate into profit? This is where your working capital and ability to grow without cash flow problems can translate to profit. Having more liabilities than assets on your balance sheet can harm your business in …
What the heck happened over the last few weeks? One day everyone is talking about a theoretical impending recession, and the next, millions of people are losing their jobs. It’s hard not to have the REM song, “It’s the end of the world as you know it” playing over and over in your head right …
Three Tips to Protecting Your Business During COVID-19 Read More »
As a small business factoring company, we encourage potential clients to send us their invoices and share how they tackle the invoicing process. Even if we don’t land the client because they don’t need better cash flow at the moment, it’s a mutually beneficial process. Why? Because a fresh set of eyes can shine a …
For many small business owners merchant cash advances or MCA loans pose a tempting offer of quick business financing. Unfortunately, an MCA comes at a high cost and often damages your cash flow through frequent withdrawals. When cash flow is the lifeblood of your business, it can be impossible to grow with daily or weekly …
The Difference Between an MCA Loan and Invoice Factoring Read More »
We have already talked at length about protecting your small business from predatory lending practices. We have even vlogged about confessions of judgment requirements in predatory lending agreements. Now, there is movement on the legislative front in New York for preventing COJ requirements from merchant cash advance company lending agreements. The Rise in Predatory Lending …
You’ve worked hard to make that sale. You’ve delivered the goods. Congratulations. It took effort to nurture that relationship. Now you need to get paid as otherwise you’ll be in trouble. You have bills to pay, and people rely on you. How do you get paid on time? The most important way is to maintain …
615 Molly Lane, Suite 130
Woodstock, GA 30189
Toll Free – 855-420-8318
info@eaglebusinesscredit.com
Bob Wellenstein
Direct line: (414) 449-5645
bwellenstein@eaglebusinesscredit.com
Mike Pedersen
Direct line: (646) 437-0317
mpedersen@eaglebusinesscredit.com