According to The Service Corps of Retired Executives (Score), 82% of start-ups and small businesses fail because owners have a poor understanding of cash-flow management and lack the ability to access working capital needed for growth. One funding option that […]
Overcoming the Myths of Receivables Factoring
Many professional advisors and consultants – including CPAs and Bankers – are sometimes hesitant to recommend accounts receivable financing aka factoring to their customers. The problem is that many misconceptions exist concerning this option, so lets look at the top […]
10 Ways to Help Increase Your Cash Flow
As any small business owner knows, maintaining smooth cash flow requires juggling nearly every facet of a business, from staying on top of accounts receivable, to extending lines of credit, to managing inventory. The essence of successful cash flow management […]
Four Steps in Understanding the Accounts Receivable Process
Even though companies can benefit greatly by factoring their invoices, many small and large businesses do not because they are unfamiliar with the invoice factoring process and the cash flow solutions that it provides. Historically, accounts receivable factoring is one […]
Tampa Bay Alternative Funding Specialist Advises Business Owners via Informative Monthly Column
Business owners face a multitude of issues on a daily basis – one of the biggest being funding options. And, when the bank turns you down, what do you do? Alternative Funding Options (AFO) CEO/President, Cheryl O’Neill Gowen, has made […]
Debt versus Equity Financing
I get a lot of questions from companies whether they should use debt or equity to finance their growth. Business owners contemplate this critical question as they look for financing. Which alternative is best? Debt Financing The advantages to debt […]
The Facts Behind Factoring
There is nothing more frustrating to a business owner then having to turn away sales because he or she lacks the cash flow to support them. For companies that sell products, this means not being able to replenish inventory in […]
When the Bank Says No
Over the years, I have had the opportunity to work with many small business owners, and one question that I was frequently asked was “when the bank says no, how do I get the financing that I need for my […]
Benefits to Companies that Factor
There are many benefits to companies that choose to factor their accounts receivable. In addition to avoiding all the paper work associated with obtaining traditional financing, factoring is easy and generally provides instant cash. Below is a list of additional […]
Alternative Financing: Definitions & Strategies
Click the above title to see Cheryl Gowen, President of AFO, discuss the definitions and strategies of alternative financing.