Accounts Receivable Factoring: A Complete Guide

by | Feb 10, 2021 | Bookkeeping

If your clients are expected to pay within 30 days, that’s a pretty quick turnaround. Terms for business lines of credit vary but may last anywhere from 12 weeks to 18 months, while some lines of credit may even be open-ended, renewing annually. Say you’re a small...

What is single payment credit

by | Jan 18, 2021 | Bookkeeping

A single payment loan requires only one payment, which is why many people gravitate towards this simple loan option. But owing only one solitary payment may actually work against you. If the interest rate is less than what you’d pay on a credit card or other...