In telecommunications, invoicing customers with net 30, 60, or 90 payment terms is standard practice. Net X days means customers have X days to pay their bills in full. Public utility providers offer these terms because it reduces the cost … Continue reading →

Cash flow is crucial to the success of any business. A business can be profitable, but if cash flow is poorly managed, there can still be problems like delayed payments and insufficient funds for payroll.  Delayed payroll lowers employee morale … Continue reading →

The COVID-19 pandemic significantly impacted the staffing industry when it caused massive business shutdowns all over the country and the world. With businesses closing or reducing their operation hours and capacities, there was a much lower demand for staffing services. … Continue reading →

Economic crises directly impact B2C businesses as consumers’ weak buying power translates into lower sales and revenue. B2B businesses may enjoy a little more cushion as businesses will no doubt try to hold out as long as they can. Still, … Continue reading →

How Factoring Can Help Your Business Get Through Rough Patches? Regardless of size, industry, or establishment, there’s not a single business in existence that’s immune to financial rough patches. For startups, in particular, statistics show that half will fail within … Continue reading →

What to Look for in a Factoring Company? One of the biggest challenges small business owners face is maintaining a consistent cash flow that allows their businesses to operate and grow at optimum levels. With that said, it is more … Continue reading →