Category: Blog
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Factoring Fees and Contract Terms You MUST UnderstandOnce you have decided to use factoring as a way to increase the cash flow for your business, you have to decide which factoring company is right for you. The first thing to look for in a factoring company is that they have experience working with companies in your industry. Once you have narrowed the...
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What is a Notice of Assignment and How Does it Protect the Construction Business?What is a Notice of Assignment and How Does it Protect Construction Companies
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Alternative Funding for Construction CompaniesIn the fast-paced world of construction, securing timely financing can be as crucial as laying a solid foundation. While traditional bank loans have long been the go-to source, they’re not always the most user-friendly or swift solution. Enter alternative funding — a strategic financial choice that gives businesses like the construction industry the agility and...
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MCA Business Loans: A Guide for Entrepreneurs with Bad CreditIn the fast-paced world of business, securing quick financing can be a lifeline, especially for those with less-than-perfect credit. Merchant Cash Advances (MCAs) have emerged as a popular option, but they come with their caveats. This post is dedicated to business owners navigating these choppy financial waters, looking for a beacon of hope.
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What is Accounts Receivable Factoring?Accounts Receivable Factoring is often used in business to help bridge day-to-day cash flow gaps. Learn about this financial option and the criteria to decide when it is the right solution for businesses like construction.
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Taxes and Invoice Factoring: What You Need to KnowAre factoring fees tax deductible? We answer this and other common questions about the tax implications of invoice factoring.
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Empowering Subcontractors - More Than a Company NameINTERVIEW: John Farner, Construction Business Coach, Empowering SubcontractorsThere is no denying it, running a construction business is difficult. It can be especially challenging for subcontractors to learn business on the fly while still working their trade. We work with them every day so we understand the struggle. But when I was introduced to John Farner...
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Is Invoice Factoring Right for Your Drywall Company?Drywall installation companies with temporary cash flow problems find that factoring their invoices is a viable way to pay bills, and even grow their business when they have late-paying clients. There are many advantages to invoice factoring for those in the drywall trade, but there can be a few disadvantages as well. Read on to learn about...
