If you’re looking for a bank loan, line of credit or traditional funding option (but might not even be able to qualify), there are other options. When comparing invoice factoring vs. bank loans, your business can access more cash flow, and faster. Here are 16 ways that invoice factoring can be the better option. If […]
Part 4 in the Cash Cycle series: Get the inventory you need faster with PO Financing. For business owners, nothing quite beats the thrill of securing a new — and big — order. Ring that sales bell! But your excitement can extinguish the moment your realize there isn’t enough supplies or inventory on hand to […]
Part 3 in the Cash Cycle series: Don’t sacrifice your goals. Grow your working capital and regain control of your cash flow with asset-based lending. Now more than ever, businesses are realizing the impact their cash flow has on their market resilience and longevity. According to one study, 82% of business failures are due to […]
Part 2 in the Cash Cycle series: Use these cash flow tactics to unlock the working capital you need to achieve your business goals. If you’re running a business, your “cash conversion cycle” (or “cash cycle”) is a vital component of your financial analysis. It tells you how many days it takes for your company […]
Part 1 in the Cash Cycle series: Learn the basics of a “cash conversion cycle” and how you can use it to your company’s advantage. Every company needs a healthy cash flow to take on new opportunities, prepare for the unexpected and grow to their full potential. If you buy and sell inventory on account, […]
What a time to be in this business. Whether you were already selling PPE in the past or not, you may have found that you’ve somehow fallen into the space. Orders are flying fast and furious for face masks, shields, gowns, gloves and that ever-critical hand sanitizer! From cities and government offices to private […]
