One of the biggest challenges faced by trucking companies is waiting to get paid. You could potentially wait for weeks (or even months!) to receive payments from your customers. Fortunately, there’s a way to get paid quickly: invoice factoring. You can have access to instant (or near-instant) cash instead of waiting 30, 60, or 90 days for your customers to pay. But what’s the catch? In this post, we’ll take a look at invoice factoring for trucking companies.
Non-recourse factoring is a type of invoice factoring in which the business is not responsible for re-purchasing a factored invoice if their customer doesn’t pay. But is it really as good as it sounds? And can you even find non-recourse factoring arrangements anymore? We answer these questions and more in our complete guide.
Invoice factoring is a useful tool for small businesses that have cash flow issues. Learn the ins and outs of invoice factoring so you can decide if it’s the right type of financing for your small business.
Free credit score sites are a good way to learn about your financial well being, make informed borrowing decisions, and manage your financial health. In this article, we highlight some of our favorite 100% free credit score sites.
As a freelancer, you already know the benefits of self-employment. The only boss you have is yourself. You get to set your hours and select the clients and projects you take on. You have the freedom to do what you love while also earning a living. The life of a freelancer isn’t without its challenges, […]
How can you get the startup funds you need when most banks won’t touch you with a ten-foot pole? Check out these lenders that issue business loans with no credit check.
Fundbox and BlueVine are two popular financing services for B2B and B2C businesses. Both use technology to offer fast, hassle-free invoice financing and lines of credit to small businesses.
If you run a small business, especially one that processes invoices, you’ve probably heard of one or both of these companies. But while both provide excellent services, you only need one — so which do you choose?
Small business financing is notoriously difficult to procure. Most bank loans require that the applicant have stellar credit and 2+ years in business—and even then, there’s no guarantee you’ll get a loan, especially if you’re applying with a large bank. According to Biz2Credit, big banks approved just 27.3% of all small business loan requests in […]
Washington State is known both for its breathtaking typography and for being one of the biggest tech hubs in the nation (outside of Silicon Valley). With the Seattle metro area experiencing explosive growth, it’s a great time to be doing business in the Evergreen State. Of course, keeping a business running smoothly requires money — sometimes […]
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