FitSmallBusiness
  • Categories
    • Accounting
    • Banking
    • Business Law
    • Business Travel
    • Buying and Selling a Business
    • Careers
    • Credit Cards
    • Financing
    • Human Resources
    • Insurance
    • Marketing
    • Office
    • Online Business
    • Personal Finance
    • Project Management
    • Real Estate Investing
    • Real Estate
    • Retail
    • Sales
    • Starting a Business
    • Taxes
  • About

All What is Articles - Page 12

NFC Payments: Everything You Need to Know About Contactless Payments

By Meaghan Brophy on June 12, 2020 | Brick and Mortar, Retail, What is

NFC payments are contactless payments that use near-field communication (NFC) technology to exchange data between readers and payment devices like Apple Pay and Google Pay eWallets in smartphones and smartwatches, or tap-to-pay credit and debit cards. NFC devices must be close together (typically less than 2 inches apart) to complete these contactless payments. NFC payments…

×
Sign Up For Our Retail Newsletter!
Sign up to receive more well-researched retail articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Retail Newsletter!

Top Alternatives to Invoice Factoring

By Dennis Shirshikov on June 11, 2020 | Financing, What is

Invoice Factoring Alternatives

While invoice factoring may be common in certain industries, it is not a one-size-fits-all financing solution. It does not address large capital needs, and it requires an ongoing invoice assignment. It is also active financing, so even if the business doesn’t utilize the capital, it still must pay a fee. The top alternatives to invoice…

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

Filling Out an Invoice Factoring Application in 6 Steps

By Dennis Shirshikov on June 11, 2020 | Financing, What is

Factoring

An invoice factoring application can be completed in six steps, most of which require providing the information a factoring company needs to approve you for funding. The process can take from one to five days, depending on the number of invoices and the speed with which you provide additional information. Once you complete the initial…

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

Understanding Invoice Factoring Rates & Costs

By Dennis Shirshikov on June 11, 2020 | Financing, What is

Financial accounting

The best way to figure out the cost of factoring invoices is to work directly with an invoice factoring provider. Most will charge a discount rate and several fees to ensure they are compensated adequately for the risk they take by providing funding. By understanding the fees and estimating potential costs, small business owners can…

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

Invoice Factoring Contract Terms

By Dennis Shirshikov on June 11, 2020 | Financing, What is

Terms of Invoice Factoring

Invoice factoring terms include the funding amount, advance rate, repayment terms, personal guarantee requirements, and speed of funding. In general, the most important term to maximize is the advance rate because that directly impacts the cost of capital. The other important term is the funding amount, which you should ensure is sufficient to make factoring…

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

Invoice Factoring Requirements

By Dennis Shirshikov on June 11, 2020 | Financing, What is

Calculator and Financial Report

Invoice factoring companies have a unique set of requirements that usually don’t include measuring a business’s individual credit or time in business. However, there are restrictions on the type of invoices that can be factored, the creditworthiness of a business’s customers, and even the volume of invoices that need to be factored to qualify. Invoice…

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

What Is Invoice Factoring?

By Dennis Shirshikov on June 11, 2020 | Financing, What is

Invoice Factoring

Invoice factoring is a type of financing that converts invoices due within 90 days into immediate cash for your small business. You submit an outstanding invoice to the factoring company, and it provides you with part of the invoice value for a small fee. It’s different than invoice discounting, which uses the invoices as collateral….

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

What Does a Property Manager Do?

By Melanie Patterson on June 10, 2020 | Property Management, Real Estate Investing, What is

Property Managers

Property managers manage, maintain, and operate residential and commercial real estate for property owners and real estate investors. Property managers perform a variety of tasks and range of duties, including finding and securing qualified tenants for vacant rental units. Some landlords who own fewer than 10 rental properties act as a property manager, self-managing their…

×
Sign Up For Our Real Estate Investing Newsletter!
Sign up to receive more well-researched real estate investing articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Real Estate Investing Newsletter!

What Is a UCC Filing & How Does a UCC Lien Work?

By Dennis Shirshikov on June 10, 2020 | Financing, What is

A UCC lien filing, or UCC filing, is a notice lenders file when a business owner takes a loan against an asset. A UCC filing gives lenders a claim on assets a debtor pledges as collateral. The term originates from the Uniform Commercial Code (UCC), a set of rules governing commercial transactions. When a UCC…

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

SBA Loans: What Is an SBA Loan?

By Tricia Tetreault on June 10, 2020 | Business Loans, Financing, What is

When a small business owner needs financing, the first option to come to mind is usually a loan through the Small Business Administration (SBA). While many people are familiar with the term “SBA loan,” they often aren’t clear on what these loans are, or even how to get them. We’ve provided a general overview of…

×
Sign Up For Our Financing Newsletter!
Sign up to receive more well-researched finance articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Financing Newsletter!
(Only if you want to get insider advice and tips)

How Much Does it Cost to Open a Restaurant?

By Mary King on June 8, 2020 | Retail, What is

Woman and Man Starting a Restaurant

Startup costs for a new restaurant typically range from $95,000 to more than $2 million. The actual amount it costs to open a restaurant depends on factors like rent, furniture choices, and renovation goals. Typical expenses include one-time purchases like furniture and equipment alongside recurring payments like rent and utility bills. Lack of capital is…

×
Sign Up For Our Retail Newsletter!
Sign up to receive more well-researched retail articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Retail Newsletter!

What Is Pay-As-You-Go Workers’ Comp Insurance?

By Virginia Hamill on June 3, 2020 | Business Insurance, Insurance, What is

Pay-as-you-go workers’ compensation is an insurance payment plan that bases your premium on your actual payroll. This is different from traditional plans that use projections to determine your costs and can result in an extra bill at the end of the policy. Choosing pay-as-you-go workers’ comp minimizes this risk and allows you to spread premium…

  • «Previous Page
  • Go to page 1
  • Interim pages omitted …
  • Go to page 10
  • Go to page 11
  • Go to page 12
  • Go to page 13
  • Go to page 14
  • Interim pages omitted …
  • Go to page 42
  • Next Page»
Fit Small Business

Company

  • About Us
  • Editorial Policy
  • Press Inquiries
  • Careers

Follow Us

Facebook Twitter LinkedIn YouTube

Partners

  • Work With Us
  • Media Kit

Contact Us

355 Lexington Avenue, 18th Floor
New York, NY 10017

info@fitsmallbusiness.com

Fit Small Business BBB Business Review

© Fit Small Business 2021

California Privacy Rights
Privacy

Terms
Sitemap

Join Fit Small Business

Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. Select the newsletters you’re interested in below.