Unpaid Invoices: Handling Unsettled Customer Accounts
In the United States, roughly 26 percent of all invoices become delinquent or simply go unpaid. For businesses, unpaid invoices no only cause a strain on finances but recouping that revenue from unsettled customer accounts involves a lot of work. Standard Practices As...
Bad Credit and Business Finance: Is There a Viable Solution?
Not every business has the best credit ratings. New and small businesses often have bad credit ratings which fall below the requirements of the funding options available to other companies. In the case of small businesses, credit rates are often low due to existing...
Loan Rejections: Funding Alternatives When Banks Say “No”
Loan rejections are not as uncommon as people would like to believe. However, loan rejections can be discouraging and frustrating for new and small business owners and can prevent them from growing or remaining competitive. Fortunately, a bank loan is not the only...
FSW Funding Announces New Portfolio Analyst
PHOENIX, AZ - July 16, 2018 – FSW Funding, a Phoenix-based company that specializes in financing solutions for small and mid-size businesses, recently hired Lucas Miller as a Portfolio Analyst. Miller will manage client accounts and analyze funding transactions to...
Automated Accounting for Small Business Owners
Small business owners have to wear a lot of hats. Entrepreneurs are in charge of marketing, sales, HR, accounting, and more. Of those many roles, accounting is the most crucial, yet also the one that causes the most headaches. Many small business owners spend hours...
Collateral Based Loans: Rethinking the Business Funding Model
Collateral based loans are nothing new. Banks and other lenders have been demanding collateral as a form of security against the capital borrowed by businesses since time immemorial. For new and small businesses, collateral based loans present a much bigger risk....
Accounts Receivable Financing for the Construction Industry
Owning and running a construction business can be challenging. Ordering supplies and materials, adhering to timelines on multiple projects, lining up subcontractors, and more can eat up quite a bit of capital. With client invoices on staggered schedules or spread out...
Working Capital: Planning Ahead in an Economic Upswing
There is no doubt that we are in an economic upswing. Employment is low, businesses are producing more, and people have the excess income to purchase the goods and services they want. No one can predict how long this economic cycle will last, which is why it is...
Is Debt a Necessary Part of Business Growth?
Whether it occurs in small steps or by leaps and bounds, business growth is necessary for entrepreneurs to compete in today’s marketplace. Growth focused businesses are always looking for solutions that can help them reach the next big milestone, but taking on debt...
Rising Business Loan Interest Rates: Financing During Inflation Periods
The Fed announced at the start of 2018 that interest rates may see at least three increases over the course of the year. With rising business loan interest rates, entrepreneurs are looking elsewhere to find capital to launch, maintain, and grow their businesses. Why...