COVID-19 has thrown all small business owners into a panic. 75% of small business owners have 28 days or less of cash reserve. An indefinite shutdown of business is terrifying when that’s the case. I am a small business owner. I know the fear of losing your business, but I work in the financing industry, […]
Business Funding: Is the Cure Worse Than the Disease? Read More »
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 »
Missing a repayment on an MCA may seem like the end of the world. Many cash advance companies structure their repayments to be daily or weekly. This will drain a small business’ cash flow and make it harder to make the repayments over time. What does a business owner do to compensate for the lack
What Happens if You Miss an MCA Repayment? Read More »
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 »
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.
How Invoice Factoring is Quick and Smart for Your Business: Read More »
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
How to Avoid Problems When Invoice Factoring: Read More »
Small business financing presents a lot of options for business owners. When searching for funding for Amazon vendors, you can get overwhelmed. Eagle Business Credit offers financing for Amazon vendors, regardless of credit score or time in business. This helps you grow your business right off the bat rather than waiting to meet stricter approval
Funding for Amazon Vendors Read More »
A shocking 20% of small business in the U.S. fail in their first year while a further 50% of the survivors fail in their fifth. For 82% of these businesses that go belly up, cash flow issues are the main reason for their downfall. In the race for survival, small companies and startups often have to look for funding
Do You Really Need That Bank Business Loan to Grow Your Small Business? Read More »
FinTech, or technology across financial services, has turned the lending space on its head. Online lending companies within the FinTech category are growing in popularity. With this popularity comes industry disruption. But where does factoring fit in the discussion of FinTech and industry disruption? At Eagle Business Credit, we like to describe our financing operations
FinTech versus FinTouch Read More »
We see many clients that previously borrowed capital from large online commercial lenders like Fundbox. The ease of the process–when it works–is a major draw for business owners. Getting funds deposited in your bank account the next day after just clicking a button sounds magical. If a business needs less than $100,000 in financing, then
Are Online Lenders Your Best Option? Read More »
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