One decision every business has to make is whether or not to extend credit to customers. Providing customers with credit allows them to obtain goods and services now while paying for them later. At the same time, you have to be careful to do this in a way that’s responsible and doesn’t harm your cash flow. Let’s look at how to extend credit in a way that’s beneficial to both businesses and their customers. Read more
If you’re researching types of financing, you may be interested in learning more about invoice factoring. Invoice factoring, sometimes referred to as invoice financing, isn’t a traditional loan. Rather, it’s a process in which the factoring company purchases your invoices so you can get immediate cash for them. Invoice factoring can improve your cash flow without incurring any new debt. Compared to other types of financing such as bank loans, invoice factoring is actually simple to apply for. You do, however, need to meet certain requirements. The following are the main invoice factoring requirements for getting started. Read more
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
1. The deadline for the for the 2021 United Carrier Registration (UCR) renewal is December 31, 2020. It’s almost here! Fortunately, the fees are going to remain the same as 2020. Register below:
A fuel card is a useful resource to help you save money when buying fuel. There are some key advantages for truck drivers and owners of trucking companies to obtaining a fuel card. You’ll gain even more benefits if you also use transportation factoring. Read more
