Recourse vs. Non-Recourse Factoring: What is the Difference?

Recourse and non-recourse factoring differ in who bears the risk when a customer does not pay.

Whether you can switch depends on your factoring agreement and provider. Some factoring companies offer both structures and can accommodate changes. Others specialize in one or the other. If flexibility between recourse and non-recourse is important to your business, confirm this capability before signing any…

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10 Essential Cash Flow Forecasting Tips for Small Businesses

small business owner reviewing cash flow forecast and cash flow forecasting tips on computer

Did you know that 94 percent of small businesses struggle with financial challenges, per the latest Main Street Metrics report? Yet, nearly half say they’re profitable. This is the impact of cash flow. Your business can be profitable and still feel daily strain when the…

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11 Cash Flow KPIs Every Small Business Should Track

Track Essential Cash Flow KPIs to Strengthen Your Business

Did you know that most small businesses experience cash flow challenges? Even if your business is healthy and growing, incoming cash rarely aligns with outgoing expenses, which can create gaps and friction in your finances that impact every aspect of operations. However, by tracking a…

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