Revolving credit facility – The short term funding solution every small business owner should know about

Revolving credit facility is a short term funding solution for business and it is one of the most useful types of business finance. Here we will discuss what is revolving credit facility and how it could help you fund your business, the advantages and disadvantages of revolving credit finance. What is a revolving credit facility? [...]

Revolving credit facility – The short term funding solution every small business owner should know about 2018-01-12T07:34:31+00:00

Why you should pay your invoices on time – Disadvantage of late payment

Pay your invoices on time is a good practice for better credibility. Faster invoice processing helps save money, improves cash-flow, builds better relationships with your vendors, and frees up employees for other tasks. And when you automate, you’ll start noticing some pretty significant improvements right away. Disadvantages of Not to Pay Invoices on Time It weakens [...]

Why you should pay your invoices on time – Disadvantage of late payment 2017-12-25T16:11:53+00:00

What is Factoring

What is factoring ? Invoice factoring is a commonly used but often misunderstood type of business finance — what is factoring , and how does it work? It is designed for a business that sells to other businesses. A purchase order from their customer is received and agree on a quote for the work, then [...]

What is Factoring 2017-12-25T16:11:53+00:00