Keep the Money Flowing in Your Texas Startup Now more than any other time in history, entrepreneurs are seeking to launch new startup businesses. The possibilities created by the Internet have sent new startups soaring. Here in Texas, we do things BIG, and that means launching a startup with plenty of initial resources. The struggle,…
3 Ways Factoring Trumps a Small Business Loan Maintaining a steady cash flow for your small business can be tough. When you serve other businesses and invoice for your services on 30-day, 60-day or even 90-day terms, what do you do when you need cash before the invoices get paid? A Common Cash Shortfall Problem…
Consider Factoring in Your Regular Accounts Receivables Many small and medium-sized businesses across Texas struggle from cash flow problems. These are often service companies that perform their work and then bill the client with an invoice that can have 30-day, 60-day or even 90-day terms. The problem is, you have monthly expenses like payroll, material…
Fund Equipment Upgrades with Factoring Using the latest equipment in your Texas business can make the difference between effective service and timely deliveries or struggling to keep up with the pace of your competitors. Maintaining cash flow plus funds for extra expenses like periodic equipment upgrades can be tough in small and medium-sized businesses. Factoring…
Upgrade Technology to Streamline Operations Keeping up with the speed of modern business requires various forms of technology. Whether you need new software, hardware upgrades or the latest digital tools to streamline your business operations, you need cash to get what you need now. Don’t keep using out-of-date tech due to a lack of available…
Protect Your Credit with Factoring Cashflow problems in your Texas small business can create a dilemma. Where do you turn for the extra cash you need for temporary shortfalls? An all-too-frequent course of action is for smaller businesses to seek short-term loans. Many shady loan agencies exist for just such problems, to take advantage of…
George Orwell, in his seminal work from 1945 entitled Animal Farm, wrote, “All animals are equal, but some animals are more equal than others.” You may not be familiar with Orwell’s work, but you likely are all too familiar with evidence of his premise: that all animals (businesses, people, governments and other entities) may appear…
Regular cash flow maintenance is essential for any business. Late payments from clients can significantly impact your cash flow and productivity. Invoice factoring can be an effective solution to infuse the cash injection you need to improve your bottom line, pay your staff and take care of your daily needs. Here are three tips to…
Redesign Your Finances in the New Year The fact that your Texas small- or medium-sized business has made it to 2022 is a testament to your resilience, hard work and business savvy. Many changes in the commercial world from the pandemic are now the new normal, and other challenges have truly stretched companies like yours…
Safeguard Your Small Business from Supply Chain Problems The global supply chain disruption has likely already reached far into Texas and impacted your small business. The need for critical materials of all kinds has stretched many companies to the breaking point. The huge demand has driven up the costs for most materials, making it difficult…