Insights Blog

3 Common Invoice Management Mistakes to Avoid In Your Business

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It’s likely you’re making at least one of these invoicing mistakes, but it’s not too late to put good practices in place. If your business sends out sales invoices, it’s a good idea to have your customers on a set billing cycle. This keeps money flowing into your company on a regular basis. Steady cash […]

10 Common Customer Excuses for Paying Late and How to Overcome Them

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How to Keep Your Cool and Keep Your Customers Late paying customers are a constant problem for many businesses. When invoices are paid late it affects cash flow, and chasing the slow payers can waste a lot of time. It can also be frustrating to hear the same delaying tactics used again and again. Sometimes […]

5 Cash Flow Management Mistakes That Can Kill Your Business

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Control Your Accounts Receivable for a Healthy Bottom Line A business cannot survive without working capital. It will not matter how good your products are or how compelling your marketing is. If the company cannot manage its cash flow properly, the company will collapse. Here are 5 cash flow management mistakes you need to learn […]

Universal Funding Corporation Named Best Factoring Company of 2021 by Digital.com

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Universal Funding ranked among the most trusted nontraditional funding services for small businesses   SPOKANE, WA – Digital.com, a leading independent review website for small business online tools, products, and services, has named Universal Funding Corporation to its list of the best factoring companies of 2021. The top providers were evaluated based on several key features.   Universal […]

10 Ways to Increase the Working Capital in Your Small Business

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Improve Cash Flow and Enhance Working Capital With These Strategies The working capital of a business is the cash available to spend immediately. In accounting terms, working capital is defined as the current assets, less the current liabilities. If you have negative working capital, your business is in serious trouble. But merely having positive working […]

10 Budgeting and Forecasting Tips for Small Businesses

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Improve Your Cash Flow with Proper Budgeting Preparing the annual budget for a business is often thought of as being a standalone exercise, and it is possibly one of the least popular tasks for business owners. But budgeting and forecasting is an integral part of the business planning process. Your budget will tell you if […]

Eight Steps to Building a Better Business in the New Year

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Make Plans to Improve Your Company in 2021 If there’s one thing we have learned about 2020, New Year’s resolutions are not all about working out and losing weight. Business owners can also benefit from a new look in the New Year, and now is the perfect time to make your endeavor better than before. […]

What You Need to Know About Alternative Financing

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Alternative Lending Increasingly Popular; but is it Right for Your Business? The world of business has changed dramatically in recent years. Innovations like AI, smart phones and social media, have altered the landscape for businesses large and small and opened up new possibilities for funding their operations. At the same time, these innovations and changes […]

Universal Funding Named Top Trucking Factoring Company of 2020 by Digital.com

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Company recognized among the most trusted funding services for trucking companies  SPOKANE, WA – Digital.com, a leading independent review website for small business online tools, products, and services, has named Universal Funding to its list of best trucking factoring companies of 2020. The top providers were evaluated based on several factors and customer feedback.  Universal […]

7 Ways Businesses Are Adapting to the COVID-19 Crisis

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Key Steps to Building a Resilience Plan It’s safe to say business leaders have learned a lot in 2020. The coronavirus pandemic has required resilience, decisive action and strategic action from businesses of all sizes. Data released by the US Chamber of Commerce in June 2020 reported that 21 percent of all small businesses had […]