What is Freight Factoring?

What is Freight Factoring?

Freight factoring is a form of business financing in the transportation industry. It helps brokers and carriers improve their cash flow by financing their invoices from clients that pay slowly. Factoring provides companies with the funds to operate and grow to their full potential.

How to Get Out of Merchant Cash Advance Loans

How to Get Out of Merchant Cash Advance Loans

Merchant cash advances (MCA) have become a very popular form of financing among business owners because they are easy to get and set up. Their convenience attracts companies that do not want to go through the traditional lending process.

How to Finance a US Subsidiary

How to Finance a US Subsidiary

For overseas entrepreneurs, it can be a great challenge yet great opportunity to open a foreign subsidiary of your company in the United States. However, you need to make a large investment to open a foreign subsidiary. You need funds to get the subsidiary started. You need to make ongoing cash contributions to manage operations, especially if the business is gaining traction.

What is Work-in-Process Financing?

What is Work-in-Process Financing?

Work-in-process (WIP) financing is a type of funding that helps cover the supplier expenses of companies that manufacture or assemble goods. Another name for this is also production financing.

Consolidation vs Refinancing

Consolidation vs Refinancing

Many people use the terms debt consolidation and debt refinancing interchangeable, but they are not the same. This difference is important when you are speaking with potential investors. In short, debt refinancing replaces one loan with another one. Debt consolidation replaces a group of loans with a single loan.

Should Your Company Refinance its Business Loans?

Should Your Company Refinance its Business Loans?

If you are a business owner who is trying to figure out if debt refinancing is right for you then this is the right article for you. We will cover how you determine if you need refinancing, the pros and cons of refinancing, types of debt that can be refinanced and much more.

Advantages and Disadvantages of Business Debt Consolidation

Advantages and Disadvantages of Business Debt Consolidation

It might be worth considering a business debt consolidation if you are carrying multiple business loans. It is a great way to streamline your debt repayment into a single monthly payment, ideally at a lower interest rate. It can make repaying business debt more affordable and manageable, especially if you are consolidating high interest forms of financing credit cards, lines of credit or merchant cash advances.

Cash Flow Rules to Live By

Cash Flow Rules to Live By

Every business needs cash. One of the most common business failures is the lack of cash a business has and also because of poor cash management. Cash problems can kill business that would have survived otherwise.

How to Improve Your Chances of Getting Funded

How to Improve Your Chances of Getting Funded

If you plan to obtain funding, you should start with a solid business plan. If your business plan is convincing, then your chances of obtaining funding are greatly enhanced. Lenders and investors want to see proof that customers want your product or service and are willing to buy it for a price at which you can make a profit. The more tangible evidence you offer of this claim, the better chance you have.

Do You Actually Need Funding for Your Business?

Do You Actually Need Funding for Your Business?

Most businesses need financing or will need financing at some point. Cash flow is different from profits, so profits do not guarantee money in the bank. There’s financing needed to manage starting costs, inventory, waiting to get paid, and other factors.