Have you ever wondered what is factoring or even heard of it? Factoring, also known as invoice buying or accounts receivable factoring, accelerates your working capital and gets you the funds you need fast. Factoring is a funding tool in which a factoring company, such as Cash Flow [...]
Though a a great funding source for many businesses to enhance and support growth, factoring is often viewed negatively because of misconceptions or myths. Factoring is the process of buying invoices to generate cash quickly instead of waiting 30, 60 or 90 days for your customers to pay. It is different than a bank loan, [...]
Please join Turnaround Management Association ("TMA") of Louisiana for the Bankruptcy Judges round table discussion. TMA is hosting an informal, lively discussion with the Louisiana Bankruptcy Judges about current issues and topics affecting the bankruptcy courts in Louisiana and nationwide. When: Wednesday, November 1st Where: City Club of Baton Rouge; 355 North Blvd., Baton Rouge 70810 The following [...]
At Cash Flow Resources ("CFR"), we are committed to putting our clients first and finding customize solutions to help their business succeed. Below shows just a few examples on how we have found solutions for our customers. INDUSTRY: Metal Fabrication ANNUAL SALES: Est. 750,000 LOCATION: [...]
Every work is important but every work requires labor. Let us honor all the people who work hard to chase their goals; to fulfill their duties and responsibilities; to move forward in life. Our office will be closed on Monday, September 2nd. However, we will be back open and ready to meet your funding needs Tuesday, [...]
As owners look for ways to fund their business, it is hard to know which type of funding is right for your business. Sometimes, companies qualify for a bank loan to meet their needs. However, oftentimes alternative methods of financing are necessary for various reasons, which might include being a start-up, recent losses or fast [...]
Do you need or know a business that needs free business advice? Tell them to sign up for StayLocal's Office Hours! These are FREE, one-on-one 20-minute consultations with local industry professionals. Topics include: marketing, branding, sales coaching, legal, services, human resources, financing, lending, technology and more. The sessions are open to local businesses and non-profits, [...]
Opening one's own business can be one of the the most rewarding experiences; however, certain precautions should be taken when dealing with certain legal issues. An example of a common mistake new entrepreneurs make is to rely on a handshake deal and not putting ALL deals and contracts in writing. By taking a few [...]
The life blood of any company is its cash flow. Improving cash flow can help a company survive by ensuring the cash flowing in exceeds or equals the cash flowing out. Tips include setting a specific due date or offering early payment incentives or selling invoices to receive cash immediately. To read all 12 tips, [...]
12 Ways to Improve Your Cash Flow Managing cash flow is the lifeblood of every small business. Your work may reward you in ways that arenât about money at all, but if the cash flowing in doesnât exceed the cash flowing out, youâll probably be in trouble before long. Source: sba.thehartford.com/finance/how-to-improve-your-cash-flow?cmp=EMC-SC-SBA-24017542 )
