Invoice factoring is a financing plan specifically designed for businesses that issue invoices with net terms, usually between 30 to 90 days. With invoice factoring, businesses can sell their unpaid
Can invoice factoring be a solution to the problem of small business funding?
Small businesses contribute majorly to the economy of any nation and the United States of America is not an exception. However, small businesses are often faced with the challenge of
Businesses, especially small businesses often struggle with liquidity. Research has revealed that about 40% of small businesses admit they have experienced cash shortages within the previous 12 months. This is
An equipment loan is a form of financing that enables small business owners to get the equipment and machinery they need to grow their companies when they are short on
One of the major problems faced by millions of businesses across the globe regardless of their location or industry is funding. The case is not particularly different with small businesses
A 2016 survey conducted by Biz2Credit on more than 1,500 minority business owners revealed that 36.3% admitted that lack of adequate funding was their biggest challenge. Historically, minority business owners
Starting and running a successful business is not particularly easy as it requires grit, determination, confidence, and skill. One major
A microloan is a small term loan that ranges between $5,000 and $50,000 and can be used by a small
Several small business owners need to move from one location another for different reasons, including visiting clients or potential customers,
Starting a new construction company or running an existing one is not particularly easy, as business owners for example, need
There are several ways of getting additional funds for small businesses and purchase order financing seems to be one of
An auto repair loan is a financial instrument that individuals and business owners use for auto repairs. It is particularly
The U.S. construction industry has more than 6 million employees, making the multi-billion dollar business one of the most important
The U.S. construction industry is a major sector of the economy, employing more than 6 million people with over 650,000
Studies have revealed a steady increase in the number of minority-owned businesses in the United States, growing to 11.1 million
Businesses, regardless of their size or industry, sometimes struggle with meeting their financial needs due to reasons like experience slow
