by TJB | Sep 19, 2024 | Uncategorized
The construction industry is one of the most capital-intensive sectors, requiring substantial upfront investments in labor, materials, and equipment. Yet, despite the large outlays of cash, construction companies often face significant delays in receiving payments for...
by TJB | Sep 18, 2024 | Uncategorized
Running a business in a dynamic and competitive market like New Jersey presents unique opportunities and challenges. One common challenge many businesses face is managing cash flow effectively, especially when dealing with customers who don’t pay their invoices on...
by TJB | Sep 17, 2024 | Uncategorized
B2B service providers in NJ often face financial hurdles that can stifle growth and reduce operational efficiency. One major challenge is managing cash flow while waiting for clients to settle their invoices, which can take anywhere from 30 to 90 days or longer. To...
by TJB | Sep 15, 2024 | Uncategorized
Invoice factoring is an effective strategy for businesses, especially during tax season. By quickly converting unpaid invoices into cash, companies can ensure they have the necessary funds to meet tax obligations and handle financial challenges during this critical...
by TJB | Sep 12, 2024 | Uncategorized
Managing cash flow is one of the biggest challenges for businesses in New Jersey, especially for small and medium-sized enterprises (SMEs). Even when a company is making sales and profits, unreliable or late-paying customers can create a significant cash flow problem....
