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Understanding Invoice Discounting Invoice discounting is a specific type of short-term finance that allows businesses to access the cash owed to them by customers. This alternative type of funding solution lets businesses sell their unpaid invoices to receive cash now instead of waiting for customers to pay their invoices. Many businesses extend credit terms to…
Best Practices for Invoicing Invoicing can feel like a hassle when you first set up your small business. It can be maddening to send out invoices, only to wait for payment from clients for 30, 60 or even 90 days. Here are eight best practices you can use to make invoicing easier allowing you to…
If your business is moving through a tough time, cash flow can be a huge struggle. Even when sales are picking up and you’ve averted a real crisis, not being able to pay vendors or staff will stop your operations in their tracks. You may not think that you are lendable when your business is…
Funding Options to Grow Your Business Large banking institutions remain reluctant to lend to small growing businesses, and those that do commonly have long application procedures as well as unfavorable terms that create financial pressure from the start. If you’ve been turned down for financing by a bank, you may be worried about how you’re…