Funding Your Business The boot-strap method of financing your business—tapping into your savings, retirement, or refinancing your mortgage for all the available capital possible—can be enough to get your business off the ground, but then what? Growing businesses require more funding, and when 82% of failed businesses cite cash flow problems as a cause, it […]
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As a small business owner, you are faced with endless options for business funding. You’ve probably considered a bank loan, a line of credit, an online loan, crowdfunding, bootstrapping, or even a merchant cash advance. Maybe you’ve even considered receivables funding like invoice factoring. There is a stigma that the cost of factoring can be
Is Invoice Factoring Worth It? Read More »
According to the Wells Fargo Small Business Index, $10,000 is the average amount of startup capital required by a small business owner. Acquiring and managing your working capital is crucial when it comes to running a successful small business. Unfortunately, since companies need to deal with payroll, operating expenses, and all the other financial aspects
Small Business Help: 3 Great Strategies For Working Capital Funding Read More »
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
Business Funding After Bankruptcy Read More »
Every business has short and long-term capital needs that must be met through incoming revenues. If your business has more income than expenses, it’s profitable. However, even a profitable company can have temporary cash flow problems if it doesn’t have enough working capital. Here is how to estimate your working capital requirements.
How to Estimate Your Working Capital Requirements Read More »
We are often asked about how our programs work and who is an ideal customer for us. Invoice factoring has different qualification criteria than a bank loan would have. This means that businesses that do not qualify for bank financing could still qualify for factoring. Here are some things that make a business an ideal
Who Is the Ideal Client for Invoice Factoring? Read More »
Invoice factoring services is a brilliant way of financing opportunity. If a company otherwise would have to turn down a new sale, factoring can help. If a business is financially strained from growth, factoring helps! This article will look at some of the things to look out for with invoice factoring services. Here is what
Things To Look Out For When Dealing With Invoice Factoring Services Read More »
The social media giant, Facebook, announced a larger funding initiative. It is a venture into the business funding space from a company that does not focus on funding as a core aspect of their business model. What is Facebook’s new small business funding program and how does it affect your small business? Facebook Unveils New
Facebook Small Business Funding Read More »
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 is Working Capital? Read More »
I’ve been in the industry for almost 30 years like my guest, Kris. I can honestly say we’ve been through a lot of recessions before, but I don’t think either of us have ever experienced an overnight shutdown of the economy quite like this one. I think the knock-on effect is going to be felt
Overcoming Current and Future Small Business Challenges Read More »