Invoice factoring vs. Revenue On Demand: What B2B businesses need to know
Understand the real costs, limitations and tradeoffs between invoice factoring and Revenue On Demand. See which option gives you more control and flexibility.
How your small business can get paid right away on invoices
Compare bank loans, lines of credit, invoice factoring and Revenue On Demand. Understand the costs, requirements and tradeoffs of each option for B2B businesses.
How to collect more accounts receivable [9 tips]
Improve your collections process with automation, clear credit policies and strategic follow-up. Plus how to access cash when you need it without waiting for payments.
How NowCorp Tracks and Improves Cash Flow Management
All businesses run on cash. If it slows down or stalls, everything else does too. According to a study, 82% of small business failures are linked to cash flow issues: not a lack of profit, but the simple issue of money not being in the right place at the right time. Late payments, seasonal dips, […]
What Is a Factoring Company?
If your business has struggled with cash-flow problems, you may have searched high and low for ways to keep operations moving. One of the most popular solutions is invoice factoring, which means selling unpaid invoices to a third-party factoring company for immediate cash. A factoring company account advances most of your invoice value within a […]
The How-To Guide to Working Capital
If you’re looking to grow your business, you need to know your net working capital and how it affects your business’s potential. If you’d like to check in on your business’s ability to grow and invest, calculating your net working capital is a great place to start. This number is the most accurate way to […]
Why the Difference Between Net Profit vs. Gross Profit is Important for your Business
A few years after starting a new business, you’ve learned a lot. The processes involved in owning your own company are constantly evolving and changing, so there is always more to learn. One essential is knowing the jargon, but it can be a struggle to find the time to teach yourself the terminology, especially in […]
How Does Invoice Purchasing Work?
If you’re a business that uses invoicing as part of your regular billing, you know the hassle of waiting for payment. Clients who pay the normal “on time” invoice still have 30 days. Slow payers can take up to 90 before paying in full. The average net 30 invoice gets paid in around 50 days, […]
How Does a Working Capital Loan Work?
As a small to medium business owner, you know the importance of having a ready-to-access fund of working capital. It’s the cash you use to pay for the everyday expenses in your business. When your working capital is healthy, there is no problem covering payroll. Cash flow gaps will occur during the course of running your […]
Business Credit Reports: How Your Experian, Equifax, and D&B Scores Are Used
You know the importance of staying on top of your personal credit score. You’re constantly reminded how a good credit score can help your finances — and how a bad one can harm it. What about your business credit score? Well, businesses should be just as interested in their credit score as individuals are in […]