Invoice factoring is a type of alternative financing arrangement where a company sells unpaid customer invoices to a factoring company. Finance companies that offer factoring consider it more of an advance on future income rather than a loan. You should...

Equipment financing can be a lifesaver when you need access to major pieces of equipment but lack the working capital to purchase or lease it. When a lender approves you for an equipment financing loan, you can use the funds...

There is a lot of misinformation floating around the medical industry about how factoring works and about how it could be advantageous for your practice. There are actually two kinds of accounts receivable financing available for medical practices, those being...

A reputable credit score for your enterprise will influence the lenders and other companies to make dealings with you. With a poor business credit record, your journey to securing funds for your venture can go on the wrong side of...

It goes without saying that repeat clients are less expensive to maintain compared to getting new ones. Typically, regular customers draw in a considerable portion of the total revenue in a business. By leaving out this aspect of your enterprise,...

The current economic turmoil across the globe has placed most businesses in a tight spot when it comes to revenue flow. There are not many options left to help with such a predicament. However, those business professionals with great insight...

Commercial banks finance most franchises, and as such, you need to pay attention to such lenders. When it comes to securing bank funds, you must work on your credit rating. To begin with, you must submit a full loan package....

It isn’t strange to find an enterprise that an owner set up with a lot of zeal but later failed to bloom from isolated challenges they faced. Sometimes such businesses are referred to as lemonade stands. Their trademark reputation is...

Nowadays, most healthcare facilities are advocating for better patient services with the advantage of reduced operating costs. Over the next decade, health professionals believe that there will be an increase in healthcare costs with an estimate of up to $66...

Research shows that solar energy companies are experiencing exponential growth. When you invest in solar energy, you not only enter an industry that is immensely profitable but you also significantly assist in protecting the environment and saving it for upcoming...