by Brent Chambers | Aug 8, 2018 | General, Invoice Factoring News
What is best for your company? Growth takes positive cash flow, and over the past few decades it has become harder and harder to access a business loan or line of credit from the bank. Factoring your invoices may be the best solution to help your company grow. When...
by Brent Chambers | Jun 6, 2018 | Construction Industry, General, Invoice Factoring Tips
Managing the finances of a new firm can be difficult, especially when you have invoices with net 30, net 60 days. How are you supposed to keep up with pay roll or start a new job if you haven’t been paid for the last one? This is how the big companies stay big,...
by Brent Chambers | May 8, 2018 | General
After 35 years in the engineering and construction business sector, I have come to learn that not all growth is good. In my early years I was taught from my many mentors and frankly indoctrinated to believe that in business, you were either growing or dying. ...
by Scott Applegate | Feb 15, 2015 | General
For many new, small and growing electrical contractors access to working capital creates a real financial headache. With this problem there are two factors to consider: Factor 1 – Expenses Your employees, vendors, subs and suppliers have their own payment terms and if...
