June 3, 2020
Every business owner encounters a situation where they need more cash for operations. You can have a superior product with large profits. However, if cash flow is bad, your business will suffer. It is possible to be successful in business but still encounter cash flow issues since good cash flow is essential to running a successful business.
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May 18, 2020
From time to time, businesses fall short when it comes to their cash flow. This can cause problems with payroll, business expenses, or even with client acquisitions. Most businesses have accounts receivable, but it takes time to invoice clients and then collect any outstanding debt. Well, what happens when your money runs dry?
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May 8, 2020
No matter if it’s a good time or a bad time for the economy, businesses may still need liquid capital to enhance its cash flow cycle and when you’re waiting on capital from your clients, you need that cash more than ever. Consider factoring your company’s invoices to access that capital and don’t worry if you haven’t heard of factoring before. If you’re wondering “what is factoring?” or “how does factoring work?” United Capital Funding is here to help.
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April 29, 2020
Click here to watch the webinar Overview Factoring (invoice finance) provides better access to cash, balanced cash flow, improved invoice collection, and full credit and collections support to B2B (business-to-business) and B2G (business-to-government) companies nationwide. Explore this option further in a live Q & A with two industry experts. Join Renée Tyack (Capital Plus) […]
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April 16, 2020
We are all navigating uncharted waters. As we do so, we can take comfort in the fact that we are part of a network of innovators, entrepreneurs, dreamers, thinkers, and drivers. We support one another on this journey. To that end, if you have questions around the recent stimulus package, CARES Act and PPP, please watch the […]
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April 6, 2020
If you’ve ever issued an invoice and had to resubmit it for missing information, dreaded the follow up call asking “when will I receive payment”, extended credit to a customer you shouldn’t have, watched an opportunity come and go while you were waiting to get paid, or spent an afternoon following up on outstanding invoices… you should consider […]
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April 4, 2020
What’s your cash position? Are you actively controlling your cash flow or are you a victim to slow paying customers? A cash discount plan may be your secret to survival moving forward, if executed properly. John Hopper, currently serving as Director of Operations for Capital-Plus,Inc., shares his experience based on a lifetime in credit […]
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April 3, 2020
As the COVID-19 pandemic continues at full strength in much of the United States, it is becoming clearer that the economic damage done by the virus will be widespread and significant. The first inkling of this unsettling fact appeared last week when an unprecedented surge in jobless claims was announced. From the prior weeks, data of 282,000 claims came the stunning news that the current weeks total was about 3.3 million. At that point, equity and other markets in the United States nearly came unglued and the optmisitic chatter was that this would be the highest claim that would occur in the COVID-19 period. Most economists and experts had predicted that the number of claims would be nowhere as high as the 3.2+ million that wa actually reported.
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April 3, 2020
Small businesses are the backbone of the American economy. There is no debate that the current COVID-19 pandemic will cause significant economic harm to this critical part of our nations GDP. How important is it for small businesses in the United States to be vibrant and successful? Consider these facts about the magnitude of the role small businesses contribute to the United States economy (data from the Office of Advocacy, Small Business Administration).
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April 2, 2020
Resources We are grateful to GBQ, FocusCFO, and GoHR for the comprehensive tools, fact sheets, and checklists provided on their websites. All have opened their doors to help small businesses int his time of need. Please reach out if you need assistance. We are all in this together and happy to help. Articles: CEO & CFO Insights: Private Equity […]
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