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. Coronavirus Emergency Loans Guide & Checklist provided […]
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March 23, 2020
So, you know about how the factoring industry operates today—but where did it all begin? Learn about the history of factoring from the specialists a United Capital Funding. We’re the factoring company you can trust with your capital.
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March 19, 2020
The current COVID-19 crisis is a tragedy that includes many facets; a political one, an economic one and most importantly a human one. It is a story rapidly unfolding without a clear answer. Perhaps the only clear aspect of COVID-19 is that the impact will spare no one, country, industry or location.
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March 17, 2020
As the sun rises today, we awaken to the reality of the financial power COVID-19 has on our financial markets in the United States. Even after a series of unprecedented financial moves by the Federal Reserve to help mitigate some of the financial fallout from the virus, all major stock indices recorded significant losses yesterday. And it appears that, absent some miracle occurring, short term prospects for the markets in the United States are not promising.
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March 16, 2020
We understand that there is concern surrounding coronavirus disease 2019 (COVID-19). We want to provide a simple update to let you know that our firm’s priority is keeping our employees safe while continuing to deliver high quality service.
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March 16, 2020
As the sun rises today, we are at what appears to be the very early onslaught of the virus in the United States. Having ravaged China and subsequently Italy and Spain, it appears that the United States is next.
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