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Common Scams That Target Small Businesses

Protect Your Business Against Potential Threats You spend lots of time and effort in building up your business. Don’t let scammers ruin your reputation and damage your bottom line. Scammers are known to target businesses of all sizes. To protect yourself against these offenders, learn about the tell-tale signs that are typical of a scam…

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How to Avoid Bankruptcy During Difficult Times

Tips to Shore Up Your Business Finances Bankruptcy has always been intended as a “last resort” measure for avoiding total insolvency and financial ruin. It’s an important safety net for emergency situations, but it does come at the cost of a big hit to your credit score and ability to secure financing for the following…

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How Invoice Factoring Can Solve Your Cash Flow Problems

Sell Your Accounts Receivable for Immediate Working Capital Cash flow plays a crucial role in keeping your business healthy. You need to keep money coming in to meet your responsibilities such as paying your staff, your rent, your suppliers and other bills. Even very successful businesses can run into problems with cash flow. These difficulties…

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Debt vs. Equity Financing: Which Financing Method is Right for Your Business?

A Comparison of Business Financing Methods From inventory and equipment to insurance and marketing, you purchase a variety of goods and services to run your business. That means you’ll need plenty of cash flow or have to secure funding to pay for it. While there are dozens of ways to finance your business, most are…

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Creative Ways to Get Financing for Your Small Businesses

Explore these Avenues to Maintain Healthy Cash Flow Financing for small businesses can be difficult to obtain through traditional lenders. Most banks require you to have excellent credit and high annual revenues. They also require your business to have been in operation for more than two years. Even then, most banks approve less than half…

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5 Questions to Ask Before Hiring a Debt Collection Agency

Cash flow problems can sink a business, but it’s a fact of life that not every invoice is paid on time. With established partners and customers it’s good to give some leeway to maintain good relations, but there comes a time when you need to call those debts in. If prompt payment isn’t looking likely,…

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What is Invoice Discounting?

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…