Ez to get into—Hard to get out of Perhaps you have seen the pop-up ads, emails, and mailers. They are called Merchant Cash Advance Lenders (MCAL) and most all make the same claims. Qualify for a Line of Credit in Minutes! E-Z Online Application! Funding in 24 Hours! No Collateral! Open a Fee Account in… Continue Reading
Tag: Business Finance Corporation
Answer: Factoring isn’t a loan, so the fact that your company doesn’t have the right “ratios” or that banks have turned you down for a line of credit or working capital loan doesn’t matter. If you have creditworthy business clients and good receivables, you may be a candidate for factoring.
Question: Besides Factoring, how else can BFC help my company? Answer: Through its extensive experience working with troubled companies, BFC has developed a ‘toolkit’ for use in working with clients to place their businesses back on sound financial and operational footing. This toolkit, which has been tested and proven in the marketplace many times… Continue Reading
Is your business ready for the Liability Shift? To be clear, the Liability Shift involves the shift of financial responsibility when credit card fraud takes place because your company, if you take credit cards, is hacked. This year in the United States, that liability is estimated to total more than $10 billion, and costs will… Continue Reading
Those of you who know me, also know that am also very active in the community and sit on several advisory boards. In addition to the personal satisfaction I receive when the organizations upon which I serve help others within the community; I am also privileged to sit in boardrooms with some of the brightest… Continue Reading