Trucking companies have to keep costs as low as possible to ensure you make a profit. Proper maintenance of your vehicles helps you save on fuel. Your tires are a simple but important factor affecting fuel efficiency. Read more
Contractors and Service Providers in Alternative Energy Field Benefit from Factoring
Renewable energy options such as solar and wind energy are becoming extremely popular, and therefore the demand for contractors and service providers to support the industry are increasing. This has opened up many opportunities for businesses seeking to get involved in the renewable energy sector. Read more
Four Industries That Can Benefit the Most from Invoice Factoring
Cash flow fluctuations can be challenging for any business. In these uncertain times, however, businesses in many industries are experiencing ups and downs that are hard to predict. One of the most common reasons for cash flow instability is the delay between issuing invoices and receiving payment. Invoice financing, also known as invoice factoring, is one of the simplest ways to overcome this difficulty. Factoring invoices means that you receive immediate payment rather than being subjected to your clients’ payment schedule. Read more
Riviera Finance Attends Oil Sands Conference and Trade Show
Riviera Finance exhibited at the Oil Sands Conference and Trade Show in Fort McMurray, Alberta in mid-September. Alberta Premier Jason Kenney made the keynote speech and addressed his strategy to kick-start Alberta’s economy, including cutting corporate taxes, eliminating the carbon tax, and reducing limits on Alberta energy production. Oil and gas related companies from across Western Canada attended. Ryan Gabriel of Riviera Finance’s Calgary office, and Jason Smith from the Minneapolis office, enjoyed meeting with the local businesses.
Oil Production is Booming, But So are Bankruptcies
One of the biggest shifts in the U.S. economy in recent years is the drastic increase in oil production. The U.S. has increased oil production more than 60 percent since 2013, to more than 12 million barrels per day. While the U.S. once had to import most of its oil, it’s now the world’s largest oil producer. Read more