Entries by Elif Hiz

Want to find business zen? Paying yourself first will help.

As a business owner, one of the most unexpected and challenging dilemmas is when to pay yourself (and in some cases, if you should pay yourself at all). It sounds like a no-brainer, right? After all, everyone needs to get paid. But to savvy entrepreneurs who want to grow their company and see long-term success, […]

What’s the cost of NOT using invoice factoring?

For many businesses, invoice factoring is a worthy expense that gives them enough cash flow during critical times of growth or change. But for companies that haven’t made use of this powerful funding solution, or for those who choose to skip factoring and continue waiting to collect on open invoices, there are a number of […]

Asset-Based Lending Explained: How It Works

For mid and large-sized companies that are in search of alternative ways to secure funding for growth and change, asset-based lending (ABL) is often a viable solution. ABL works by utilizing the assets your business already has, such as accounts receivable, inventory, or machinery/equipment, as collateral for a loan.   Here are the basics of […]