Single Invoice Factoring: The Smart Cash Flow Solution for Small Businesses
For small businesses in the United States, cash flow challenges can be a significant hurdle. A 2023 U.S. Bank study revealed that 82% of small business failures are due to cash flow problems. Single invoice factoring offers a flexible, efficient solution to bridge these gaps by converting unpaid invoices into immediate cash. This article explores […]
Asset Based Lending: Risk Management and Mitigation Techniques
Asset-Based Lending (ABL) involves financing that is backed by specific assets. These assets—such as real estate, accounts receivable, equipment, or inventory—act as collateral for the loan. While ABL offers a useful way for businesses to access capital, it also involves a variety of risks that must be managed. Below are critical strategies for managing and […]
A Complete Guide for Growing Companies on Asset-Based Lending
Getting enough money to grow your business can be a tough task. Many companies find it hard to secure funding through traditional loans due to strict requirements. That’s where asset-based lending comes in. This type of lending allows businesses to use their assets as collateral to get the cash they need. In this guide, we’ll […]