Houston Factoring Companies: Why Choose American Commercial Capital for Invoice Factoring?
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If you are a Houston-based entrepreneur who has been searching for ways to improve your business cash flow and get the capital you need to grow, chances are you’ve come across a dozen Houston factoring companies who all claim to be the answer to all your problems. Invoice factoring is when a business sells its accounts receivable (invoices) to a third-party company at…
Invoice Factoring vs. Merchant Cash Advance: 9 Reasons to Choose Factoring for Your Business
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Invoice factoring and merchant cash advances are both forms of alternative funding for businesses, but they work very differently. As a business owner, you should know the in’s and out’s before jumping into any arrangement with a third-party invoice factor or merchant cash advance company, including the terms specific to the company you’re considering working with. For this post, however, we’re considering how…
Business Video Roundup: The Mindset Behind Success, Cure for “Quiet Quitting” & More
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The idea of “quiet quitting” has been getting a lot of traction lately, but many people seem to be confused about what it actually means. In this week’s roundup of great videos for entrepreneurs and business owners, executive coach Caroline Webb talks with Harvard Business Review’s Nicole D. Smith about what quiet quitting really means and what to do if you find it…
Invoice Factoring vs. Bank Loans: 6 Reasons to Choose Factoring for Your Business
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When it comes to injecting your business with positive cash flow, there are several reasons you should consider invoice factoring over bank loans. Invoice factoring, for those who don’t know, is the process of selling your accounts receivables to a factoring company, thereby turning your unpaid invoices into immediate cash. In other words, you’re not waiting 30 to 90 days for a client payment—you…
5 Reasons to Use Invoice Factoring to Supercharge Your Business Cash Flow
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If your business is suffering from a cash-flow crunch, don’t despair. Cash-flow issues plague even the most successful businesses. Maybe your business is struggling to keep up with payroll due to slow-paying clients, or perhaps there are opportunities for growth that you can’t chase down because you don’t have the cash flow to finance them. The bottom line is that you need more consistent…
What Is Invoice Factoring? (And How Factoring Can Help Your Business Grow)
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Invoice factoring is a type of business financing unfamiliar to many small business owners. It provides a business with working capital and solves cash-flow problems, but it’s not like a bank loan or credit. So let’s break down invoice factoring and explain exactly what it is and how it can benefit your business.
So, what the heck is invoice factoring?
Invoice factoring is when…
5 Simple Ways to Improve Your Business Credit Score
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A strong business credit score is an important factor in whether or not your company gets approved for trade credit and financing. But with all the hard work you put into day-to-day operations of your business and laying out roadmaps for the future, staying on top of your business credit score is easy to neglect.
But you shouldn’t neglect it! Just as the FICO score…
8 Great Reasons to Sell Your Accounts Receivable (Invoice Factoring)
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We have discussed invoice factoring from several angles on this blog. We have explained the basics of invoice factoring and how it can help businesses grow, talked about the benefits of factoring for improving business cash flow, and outlined the history of invoice factoring and its growth in the 21st century. Recently, we even offered up 6 reasons to choose invoice factoring over…
Small Business Optimism Down As Bank Loans Become Harder to Get
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The optimism of small-business owners has taken a bit of a dive in the second quarter of 2015. According to SCORE, lower revenues and tighter credit are the primary reasons behind this growing discouragement. With small businesses being approved for bank loans “less than half of the time,” it may be time for small-business owners to seriously consider alternate sources of funding.
