What is an Invoice Factoring Broker?
An invoice factoring broker is a company or individual that facilitates the sale of a company’s accounts receivable invoices to a factoring company.
Author: Keith Mabe
7 Tips for Buying Out a Business Partner or Majority Owner
Wondering how to buy out a business partner? You’re not alone. Just under 12 percent of small employer firms are legally classified as partnerships according to the U.S. Small Business Administration (SBA), which means around 74,000 are formed every year. About half will break up…
6 Leadership Secrets Every Small Business Owner Should Know
Leadership Secrets: Leadership skills are essential for all aspects of your career, from securing a job to advancing your career. Even if you have been in a leadership role for several years, leadership development programs that help you build vital skills around effective leadership can…
Five Ways Invoice Factoring Services Can Help Grow Your Business
Cash flow problems are one of the main reasons that many small businesses fail. A factoring company like Charter Capital can potentially provide you with upfront cash for every single unpaid invoice. We act as an outsourced credit department, handling the collection and processing of…
Invoice Factoring vs Traditional Bank Loan – Which is Best for Your Business?
Not sure if a factoring company or a bank is right for your small business? Both can provide your company with working capital and help you cope with cash flow lulls, but factoring helps in ways loans don’t and can fill gaps left by traditional…
The True Cost of MCA Loans Compared to Alternative Funding Sources
Small-business owners need of working capital often turn to merchant cash advances (MCAs) to fill the gap. Given their popularity and the way the terms are presented, it’s easy to think that they’re a simple and cost-effective way to get a quick cash injection, but…
Raising Capital with Invoice Factoring
In the quest of raising capital for business, small businesses often face hurdles and disappointments. The business landscape is littered with small business owners who’ve stumbled in their search for capital. Many requests are denied, and those who can secure more traditional forms of funding…
Top 8 Reasons Why Startups Fail
90% of startups fail. Learn why it happens and how to safeguard your company against startup failure here.
What Working Capital Options Are There for Small Businesses?
Small businesses have historically turned to banks to get the funding they need, but traditional funding is expensive, and it’s always been tough to get approval. In the throes of COVID-19, approval rates further plummeted to a mere 11.5 percent, according to the Small Business…
Read This Story for a Solution to Your Sales and Marketing Problems
Not getting the response you need from your marketing materials? Are prospects a little bored during your pitch? Need to revitalize your sales efforts? If the answer is yes to any or all of these, you have a marketing problem. What you need is a…
