Every small business goes through rough patches when money is tight while trying to make ends meet. In fact, over 50% of small businesses fail within the first four years due to a lack of money. Furthermore, cash flow problems can also lead to other problems, including: Inability to plan for the future Inability to…
There’s no way around certain rules and regulations when it comes to starting your own business. Whether it’s a brick and mortar store or your own trucking company, being a business owner requires you to sift through certain paperwork. One of the most important steps is acquiring the proper licensing. That’s why Integrity Factoring would…
Most trucking businesses use bookkeeping programs that effectively enable them to design their company’s invoice within minutes. Simply put in some key data, drop your logo onto the invoice and you’re ready to send. Be that as it may, some bookkeeping programs may not walk you through the fundamental components that should be included. Having…
Throughout the U.S, hundreds of small businesses open up every day. In fact, more and more people are leaving their normal jobs to work for themselves. This, in turn, provides us as consumers with more products, services, and opportunities. However, small businesses often have to face hard competition from larger, more established companies. That’s why…
Invoice Factoring Tips Developing a prompt approach to billing and collecting client payments is extremely important to maintaining the financial strength of your company. That’s why Integrity Factoring would like to provide you with the following invoice factoring tips for handling collections to improve company cash flow. Know Your Clients Working with clients that you…
Invoice Factoring Tips If you’re in the process of starting your own trucking company, you’ve probably heard the phrase “starving startup”. Why? Most people assume that the odds are against them when it comes to surviving their first year in business. In reality, however, approximately 75% of small business startups make it past their first…
Invoice Factoring The economy is unpredictable and the demand for certain products and services fluctuate depending on a wide variety of reasons. That’s why it’s important to stay on top of business finances, especially in the early stages of company development in order to avoid bad debt. Bad debt is money you are unable to…
Invoice Factoring Trucking companies are vital to the American economy and support businesses big or small throughout the country. By picking up and delivering billions of tons of goods each year, trucking companies enable these businesses to thrive. However, owning a trucking company requires specialized knowledge and a lot of hard work. If you are…
Trucking Factoring Tips At Integrity Factoring, we understand that purchasing a new semi can be a significant expense for any trucking company. As with any major equipment, acquiring a new truck typically requires leasing or buying it. What is the wisest investment? Let’s take a look at the following information associated with each financing option…
Idaho Factoring Companies Invoice factoring is a financial solution that Idaho factoring companies offer that converts outstanding invoices into immediate cash for your business. At Integrity Factoring, we offer many different types of factoring from oilfield factoring to trucking factoring services. However, before you determine whether or not invoice factoring would benefit your business, it’s…