Small-business owners need of working capital often turn to merchant cash advances (MCAs) to fill the gap. Given their popularity and the way the terms are presented, it’s easy to think that they’re a simple and cost-effective way to get …

The True Cost of MCA Loans Compared to Alternative Funding Sources Read more »

Tagged with: , ,

Getting ready to compare factoring companies? As with any financial product, it’s essential to become familiar with factoring and how terms differ from one provider to the next. Below, we’ll break down some of the most-asked questions people have when …

6 Ways to Compare Factoring Companies & Find the Best One Read more »

Tagged with: , , , , , ,

Small businesses have historically turned to banks to get the funding they need, but traditional funding is expensive, and it’s always been tough to get approval. In the throes of COVID-19, approval rates further plummeted to a mere 11.5 percent, …

What Working Capital Options Are There for Small Businesses? Read more »

Tagged with: , , ,

If you’re worried your clients won’t pay their unpaid invoices due to COVID-19 and the residual economic ripples, you’re not alone. In an era where 55 percent of “temporary” small business closures have become permanent, according to Business Insider, and …

How Do You Know Your Clients Won’t Leave You with Unpaid Invoices in 2020 and Beyond? Read more »

Tagged with: , , ,

Nearly 800 trucking companies failed in 2019, taking almost 25,000 trucks out of the industry’s capacity. Is this a sign of things to come? Or is it an overdue correction?  Celadon Group, by far, represented the biggest name to fall …

Was 2019 Just a Pothole for Trucking? Or Something More? Read more »

Tagged with: , , ,