A staffing company challenged with a short time in business and running just short of the break-even point, had the opportunity to acquire a larger staffing company and put their company on the map and into the black. However, a minor problem arose: After talking to every bank they could think of, no one would [...]

People who are owed money or are receiving payments from clients can often access large payouts immediately instead of waiting to get paid. And why not? After all, it’s their money! The most basic ways to bill for services is either through an invoice or accounts receivable. Did you know that you can get paid [...]

Service businesses, such as staffing, consulting, repair, installation, and many others, don’t have hard collateral; instead, their most valuable asset is a great product or service. As smart businesses provide their services and bill their clients, they convert their invoices to cash as they need to or want to by running their businesses almost in [...]

Alternative financing is typically an alternative to lending. A bank or financial institution lends money based on a borrower’s credit strength, and then holds that borrower responsible for repayment of the loan. But did you know that the bank or financial institution has the right to pursue the borrower’s customer in a case of default? [...]