As we advance, deepfakes and other offshoots of AI will require businesses to create an even more agile and holistic security and detection approach to protect devices, apps, data, and cloud services.
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Who Qualifies For Factoring
By Jeff Jacobs As banks become more restrictive with their lending, more and more business owners are turning to alternative lenders to find the additional working capital they need. Invoice factoring, also sometimes referred to as invoice finance, is when a business owner sells their accounts receivable to a factor for immediate cash. Business owners… Continue Reading
SME protections during COVID
Small and Medium Enterprises can shield themselves financially during COVID by being self-reliant and attentive with their customer collections. Customers need to remain conscientious and aggressive with their customer collections while being prudent yet tactical with their credit decisions. Conducting their own due diligence while being vigilant with their collections and chargebacks are key. Gathering and understanding… Continue Reading
How PPP Loans work in conjunction with Invoice Factoring
By Jeff Jacobs Because PPP loan amounts are based on 2.5 times the company’s 2019 average monthly payroll cost, this funding alone may not be enough to keep many small businesses afloat. PPP loans also require business owners to spend a certain percentage of their funding on employee salaries. However, the majority of business budgets… Continue Reading
Predictions for 2021
As predicted, 2021 started on January 1st and will, without a doubt, end on December 31st, just like every year since 1582 and the adoption of the Gregorian calendar. But, what happens during the other 365 days of the year will be the result of whatever mother nature throws at us combined with geopolitical influences,… Continue Reading