In the competitive world of commercial finance, brokers and ISOs are constantly seeking innovative strategies to boost their commissions. If you have noticed that your commission income growth has slowed, it might be time to explore untapped opportunities within the realm of invoice factoring. With its...
If you are among the commercial finance brokers not offering invoice factoring and PO financing, then you may not have been maximizing your commissions, and your clients may not have benefited from the best alternative funding solutions for small and medium-sized businesses. Invoice factoring and PO...
When money is tight and banks have a reduced appetite for risk, small businesses, particularly Minority/Women-owned Disadvantaged Business Enterprises (MWDBEs), have fewer options for financing. MWDBEs are an underserved market for financing even under normal circumstances. Short-term credit crunches can force these business owners to seek...
Invoice factoring is an excellent funding solution that allows businesses to sell their outstanding accounts receivable to a factoring company for immediate working capital and, in most cases, transfer the credit risk of nonpayment onto the factoring company. It is an effective and reliable financial...
As the New Year approaches, the U.S. economy seems headed for a “soft landing,” and with inflation moderating, the Federal Reserve may be done raising its benchmark interest rate. Considering the potential economic headwinds and uncertain risks, the impact on alternative business funding sources, especially...
As a Financial Broker, you know that sufficient business funding is a crucial aspect for any company. It provides the necessary working capital to start, grow and expand a business. Often times, you may encounter a business owner who is not familiar with invoice factoring...
Breaking through the noise in a crowded and competitive market segment is a growing challenge for financial brokers and ISOs. Your competitors are promoting their businesses frequently, adding ever more noise to your market segment. This makes it very difficult for clients to differentiate one financial...
The federal government wants to do business with small businesses and prioritizes contracts to these types of entities. In Fiscal Year 2021 alone, the government awarded about 26% or $154.2 billion in federal contract dollars to small businesses. These vast sums will go for a wide...
Businesses, large and small, will face cash flow problems at one point or another within their supply chains. Sufficient financing options for these businesses are increasingly difficult to come by as supply chains continue to become increasingly complex and evolve in the wake of tighter...
The uncertainties facing small and medium-sized businesses – difficulty in obtaining loans, rising interest rates, and high rates of inflation, to name a few – have created many situations where businesses need to consider alternative forms of business funding, such as invoice factoring, to fund...