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10 Ways to Increase the Working Capital in Your Small Business

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…

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10 Budgeting and Forecasting Tips for Small Businesses

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…

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Eight Steps to Building a Better Business in the New Year

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….

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What You Need to Know About Alternative Financing

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

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…

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7 Ways Businesses Are Adapting to the COVID-19 Crisis

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…

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Nine Common Misconceptions About Invoice Factoring

Learn the Advantages of this Flexible and Cost-effective Source of Finance Invoice factoring, also known as accounts receivable financing, has been around for a long time. Yet, despite the large numbers of businesses that factor their invoices, there are still many myths in circulation about this form of business financing. One of the most common…

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8 Strategies to Avoid Facing A Cash Flow Crisis

Minimize Your Company’s Risk of a Cash Flow Crunch The most common reason cited for business failure is cash flow issues. Indeed, even a company with a healthy profit and positive net equity can fail if it lacks the liquid funds to meet its short-term liabilities. So, wouldn’t it be nice if you could run…

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7 Ways to Make Your Business More Creditworthy

How to Get the Financing You Need for Your Business Running a new business takes time, but it also takes a lot of money. Whether you are ramping up your enterprise or pouring your receivables into the future growth of your company, you will likely need outside financing to make it happen. As a business…