Invoice Factoring News from Charter Capital factoring rates as low as 1%.
You’ve created a product or service that your target audience appreciates, developed a brand, and finetuned your processes. You’re profitable and doing well, but your small business isn’t growing. What gives? Developing effective business growth strategies is a serious challenge. Just one in five manage…
As a small-business owner, you’re probably keenly aware of the cash conversion cycle (CCC), even if it’s not something you’re intentionally measuring or monitoring. It’s a measure of business health and, when you’re nailing it, you’ve generally got solid cash flows and plenty of money…
Already have an IRS business lien or worried the government will file one? Often the result of unpaid payroll taxes, other tax issues, or even common bookkeeping mistakes, liens can stall business growth and make it much harder to pay debts, no matter how diligent or…
If you’re worried your clients won’t pay their unpaid invoices due to COVID-19 and the residual economic ripples, you’re not alone. In an era where 55 percent of “temporary” small business closures have become permanent, according to Business Insider, and business bankruptcies are skyrocketing 26…
A vexing problem almost every business faces, large or small, is accounts receivable. How can you get payments from your customers in a quick and timely manner? Is there a way to get them to pay faster? Simply put, yes. Accounts receivable factoring is an…
Not long ago, a well-known professional wrestler had a popular catchphrase he would shout out during TV promos. “That’s the bottom line, ‘cause Stone Cold Steve Austin said so!” This meant the audience could bank on what the hulking grappler had said would come true,…
Considering online funding? As a small business owner, no one needs to tell you that getting a loan from traditional banks can be a real crapshoot, whether it’s a business or a personal loan. Far more often than not, when a small business rolls the…
In baseball, a player who bats below .200 is said to be hitting below the Mendoza Line, so named for a light-hitting shortstop for the 1970s Pittsburgh Pirates. That means the batter makes an out more than eight out of every 10 at bats. Sounds…
Last month we discussed the continued optimism of American small business owners as 2018 draws to a close. As that article mentioned, the U.S. Chamber of Commerce’s 2018 4Q small business index measured a strong 69.3, just six-tenths of a point down from its all-time…
If you are an entrepreneur looking for a sure-fire business idea, manufacturing crystal balls would be a good one. Everyone wants to know what is going to happen in the future. Unfortunately, few people have a consistent knack for accuracy. Still, by carefully reviewing recent…
