How do revolving business lines of credit and accounts receivable credit lines work, and how are they different? What industries benefit most from each, and how do they compare against other business financing options? For companies including wholesale distributors, as well as staffing trucking, automotive, construction and manufacturing businesses, the answers to these questions could changeRead More
Invoice factoring and accounts receivable financing are both fast and simple ways for businesses to turn their I.O.U.s into cash, and generate extra capital to help cover the costs of materials, hire extra staff, and bridge gaps between slow payments. Read below for an incredible success story about how National Business Capital helped Sharon Mora,Read More
Accounts receivable financing is a way for businesses to use pending customer payments as collateral for an advance of funds. While lender policies vary, generally businesses can expect to receive around 75-85 percent of the value of their receivables (more on this below).
Accounts receivable financing — which is sometimes referred to as factoring — is a type of asset-based funding in which you use outstanding invoices (or any other receivables) as collateral. In return, you receive a lump sum that is less than the total amount owed — usually around 70 to 90 percent, depending on theRead More
Ready for some good news? Small and medium-sized businesses on Long Island are finding it easier to obtain business loans than they have in the recent past. Bankers report that they are lending more because both banks and local businesses are healthier. More good news for people on the search for business loans is thatRead More
We’ve said it before, and we’ll say it again. It’s never too early to start getting ready for the holidays! The holiday season can make or break for some businesses so being prepared is a must. For others, it can just be a crazy, hectic time of year that makes taking care of business aRead More
Travel can be a necessity in business, albeit a costly one. Planning ahead for the expense of business travel can help keep costs within the budget. National Business Capital has the following tips to help financially prepare for business travel.
What does Fall mean for your business? Does business start to pick up after the slow pace of summer or is summer your busy season? Either way, the Fall often means change and adjustments for your business which can sometimes feel overwhelming. Here are a few tips National Business Capital would like to offer toRead More
When it comes to running a business, one of the most important things you need is cash flow. But we all know how tough it can be to keep cash on hand when there are so many expenses needing to be paid. For those tough times, National Business Capital can offer business finance. For nowRead More
Who’s ready for summer fun? Fourth of July festivities! B-B-Q! Picnics! Boating! Finally, it’s time to take some well deserved time off and enjoy some summer relaxation. Or, you could start thinking about the cold weather and the holiday season to come. Yes, now is a great time to plan ahead and prepare for oneRead More