Last year small business lending was slashed by over $13 billion dollars and this trend is poised to continue. Join us Tuesday, March 23rd at 2 pm or 9pm EST to discover how to profit with alternative financing. … [Read more...]
Archives for February 2010
Why Use Spot Factoring?
Spot factoring lets a business raise working capital by receiving an advance on just a single outstanding invoice. Here are 3 reasons it is effective to offer spot factoring to clients, as shared by Steve Ontiveros of Resource Business Partners, Inc. … [Read more...]
Freedom From Factoring Fees
By 3 Comments
In an effort to combat the affects of the crumbling economy, service-oriented businesses have been getting creative with new ways to generate money. Unfortunately for consumers, that creativity often translates into price hikes, additional fees, reduced services or cut backs on productivity. But does it have to be that way? … [Read more...]
Small Business Financing: Where To Go When Banks Say No?
Lending to small business was down a whopping 12.5 billion or 4.6% for the 7 months ending in November. That sobering news comes from the Treasury Department's tracking of the 22 largest banks receiving bailout money. Of course these stats are no surprise to business owners. Rebuffed by banks, they increasingly turn to factoring and purchase order financing for cash flow needs. The New York Times recently … [Read more...]