5 Factors That Make Truckers The Superheroes Of The Transportation Industry
You can’t jump skyscrapers in a single bound, but you move enormous amounts of cargo through multiple states in a single trip. Most truck drivers log 120,000 to 150,000 miles per year — an average of up to 500 miles a day (day) — and together, transport billions of tons of cargo per year. That’s flat-out heroic to us ordinary drivers.
How NFG Fills the International Accounts Receivable Financing Gap Left by the Import-Export Bank’s Defunding
As the U.S. Congress packed up and left the chambers July 1 for the annual vacation, they took their power to extend funding of the Export-Import Bank (EXIM) along with them. As a result, EXIM was defunded.
How Long Does it Take to get My Accounts Receivables Line Set Up?
If you have done some web searches and seen the advertisements out there then you may think that the deal is already done. These advertisements are designed for businesses that are desperate, and while the factoring companies can move quickly there is generally a higher price to pay. However, a company that takes the time to do their due diligence will often save you money throughout the life of the relationship.
Factoring Accounts with a Small Business Loan
Is it possible to factor accounts if I have a small business loan? Yes, not only is it possible but is done quite frequently. You just have to understand how it works. The first thing that you need to establish is what size line you will need and which invoices you are going to sell so that you can utilize them as collateral when factoring accounts while making sure that they will work with your already existing line without jeopardizing the bank’s collateral position.
Everyone Needs a Super Hero!
Most small businesses need super heroes to get money and enough for each employees. Go to national Factoring Group. They are like super heroes. They will find the perfect company for you and enough money for you and your employees. So go to National Factoring Group and have them show you the best options for your company.
How to Break the “Check Is In The Mail” Cycle & Avoid Factoring Frustration
Have you ever found yourself waiting for that magical payment to appear from a customer just in time to meet your own business expenses or payroll? It’s an all-too-common scenario that small-to-medium businesses face every day.
The Importance of Reading the Fine Print
The devil is in the details, as they say. Nowhere is that more evident or important than when money is on the line. Financial contracts of all kinds have a multitude of disclosures and details that specify the terms of the agreement. The trouble is, there are so many pages to get through and it’s often printed in a very small size, that people will casually glance through these sections or ignore them altogether, focusing instead of the large numbers and details in front of them.
Factoring vs. Merchant Services
Cash-strapped businesses will often do whatever it takes to survive. That includes making poorly thought-out business decisions in the heat of the moment. Nothing induces panic more than the realization that you don’t have enough money coming in to cover your expenses. When a quick payout is required, traditional loans won’t cut it.
Small Business Fear, Loathing, and Triumph
There’s this phenomena among former addicts where they will have a dream that they are using again. It’s called a “users dream”. The dream feels so real that they think it actually happened and can even wake up feeling like they had gone on a bender the night before. It’s typically triggered by something that brings up a memory from that specific time period. It creeps out of the subconscious through dreams.
10 Reasons Women Make Great Financial Decisions in the Workplace
How many of you are in, or know of, a relationship where the woman is the one who is really in charge of the financial decisions? It’s pretty common. According to a recent study by Ameriprise Financial, “Women and Financial Power,” 56% of women say they are involved in financial decision-making in the home and 41% of women say they are the primary financial decision-makers (37% of that number are married). That’s a whopping 97% of women surveyed who are intimately involved in making financial decisions in the household!