Factoring companies like Eagle Business Credit are not scared by recessions. In fact, they typically see more activity during downturns due to banks becoming more risk adverse. What was previously unknown was how the alternative lenders such as the MCA’s and online lenders would react as they haven’t been around long enough to weather any […]
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The Paycheck Protection Program is a Small Business Administration program aimed at encouraging small business owners to keep employees on payroll. If a small business keeps all employees on payroll for eight weeks, the SBA will forgive up to 100% of the loan if the loan is used for payroll, utilities, rent, or mortgage interest.
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Due to the disruption of small, medium, and large sized businesses in the wake of the COVID-19 response, the Small Business Administration is offering Economic Injury Disaster Loans. These loans are working capital injections that aim to help business owners pay debts, meet payroll, accounts payable, and any other overhead that is disrupted due to
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We have entered into uncharted territory. There have been many predictions of some form of recession happening at some point, but we’ve never seen such a rapid shutdown of so many businesses. We don’t yet know what the full impact will be on our economy long term, but with some degree of optimism, we have
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The items being shipped have shifted from consumer items like beauty products to home goods and health essentials like food, cleaning supplies, and other necessities during a viral outbreak. These supply chains are vital to keeping people inside and containing the spread of COVID-19, but the challenge facing truckers is the federal restrictions and state
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What is invoice finance? Why choose invoice finance? Who offers invoice finance? How do you set up invoice financing? What is Invoice Finance? Invoice financing, or invoice factoring, is a way to fund your business besides a bank loan. In essence, invoice financing gives immediate payment to your business for an open invoice. You submit
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Invoice factoring is a fast method of financing for small business owners. Not all fast business funding options are good options. Often they can be expensive, have poor repayment terms, or provide insufficient funding for your needs. Invoice factoring is unique in that it offers growth potential to your facility without any need to reapply.
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Running an apparel company typically involves buying the supplies to make the apparel, making and delivering the apparel, then waiting for agreed upon credit terms before receiving payment. This means that during the 30 to 90 days you are waiting for client payment, your available funds to purchase more supplies, cover labor costs, and deliver
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When your business needs funding to support small business growth, you cannot afford to run into any problems with your business financing. Invoice factoring services should make your operations easier with receivables management and collections provided. When choosing a factoring company, keep in mind your small business financing needs. What are the invoice factoring problems
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Many small businesses are in need of working capital financing. This is due to cash flow strain from: business growth, large clients that pay on long credit terms, and upfront supply costs. Business can get off track when a small business owner is spending their time on collections, finding working capital management solutions, or applying
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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