“The future of business lending is one without paperwork and automated approvals.” Is the future already here or are...
“The future of business lending is one without paperwork and automated approvals.” Is the future already here or are lenders just pretending in a bid to lure customers in? Amongst the sea of copy cat jargon, it’s not uncommon to hear lenders touting online applications, same day approvals, deal direct with the lender [...]Team Waddle
Invoice Factoring has been a staple financing option for companies with slower cash conversion cycles, but there’s a catch. Though it seems quick and painless, factoring companies often cut deep into profits, taking up to 20% of total sales. Before you factor your invoices, consider the true cost, avoiding shiny headline rates. SEEL [...]Team Waddle
It’s no secret that growing a wholesale business means offering credit terms. The juggling act begins as cash conversion from sales slows as creditor payments become stretched. SEE ALSO: Got An Inventory Purchasing Strategy For EOY? Here’s What You Need Getting customers to make their payments on time is critical to improving the supply [...]Team Waddle