Invoice Factoring

Running a small business requires constant coordination across clients, expenses, and day-to-day operations. One of the most common setbacks? Waiting on customer payments. Delayed invoices can slow momentum and make it difficult to plan for growth. That’s where invoice factoring for small businesses comes in, offering a reliable way to turn outstanding invoices into immediateContinue reading “7 Benefits Of Invoice Factoring For Small Business Owners”

These are the top 10 reasons why new businesses often fail:   Demand of Product or Service Many businesses fail because there is no real demand for their product or service in their area. Business Plan to Know your Goals  Without a clear business plan, it’s challenging to set goals and measure progress.  It’s greatContinue reading “These are the top 10 reasons why new businesses often fail:”

Factoring / Invoice Financing 101 Invoice Financing is a financial tool that assists business owners to improve their cash flow.  You cannot decide if this tool is right for you, unless you understand how it works, how it benefits you, what it costs are and what the timeframe will be from the time you completeContinue reading “Invoice Factoring – 101”

The Cost to Borrow Money in Today’s Market What would your interest rate be today, if you were to borrow money for your business?  Rates have not been this high since the 1970’s.  If you are a well-qualified borrower, the lowest rates start at 8%.  If you are not a well-qualified borrower, rates are asContinue reading “The Cost to Borrow Money in Today’s Market”

In 2023, the percentage of businesses that are minority-owned can vary depending on the country and the definition of minority. In the United States, for instance, the Minority Business Development Agency (MBDA) reported that minority-owned businesses accounted for about 34% of all U.S. businesses.  Traditional financing (like a bank line of credit) is not alwaysContinue reading “Minority Owned Business Financing”