While factoring costs more than a bank loan, says Kristin Erickson of North Mill Capital LLC, “our clients are ‘unbankable.’ They borrow from us in hopes of becoming bankable.” (Staff photo: Bill ...

It can be a quick way to get financing, but it could lead to cash flow issues if used regularly If your small business needs funding, invoice factoring can help improve your cash flow. For a fee, ...

Invoice finance and factoring are financial solutions designed to help businesses access cash tied up in unpaid invoices. Both methods provide quick access to working capital, but they differ in how ...

It’s been a well-known fact for some time now, that African American business owners have a more difficult time accessing capital, compared to their white counterparts. The Washington Bureau of the ...

Being a contractor in today's environment is extremely difficult. Banks are not lending and contractors are reliant on their customers to pay their invoices in a timely manner, which most of the time ...

Invoice finance and factoring are financial solutions designed to improve cash flow by leveraging outstanding invoices. However, they differ in terms of operational approach and the level of control ...