Many businesses have heard of invoice finance and some of the terms that go along with it – factoring, discounting, spot factoring, CHOCC and more… it can be a difficult area to understand sometimes. However, in principle, it’s really quite simple. Both invoice factoring and invoice discounting are services where a funder will provide you…
While many people in the US live digitally and choose to be paid through direct deposit, some employees prefer printed checks. Which is still okay. Gone are the days when people’s only option was to order printed checks from commercial institutions and third-party vendors. The major downside of pre-printed checks is that they are expensive,…
The lending and finance industries have seen radical change over the last decade, spawning from the global economic crisis. Fintechs have flooded the market and stolen so much share from traditional banks and lenders that 15 years ago, consumers would have relied upon. The biggest changes have been noted in the consumer credit market, in…
JP Morgan Chase, Citigroup, Goldman Sachs, and Bank of America are the big boys most investment bankers dream of starting their career. The demand for investment banking remains as strong as technology in the banking industry drastically evolves. A career in the field of finance is inspiring and it sure assures you to be in…
Tips to Plan for your finance Let’s say you are going on a road trip to Edinburgh from London, and you want to take the shortest route possible. You will first plan about the route you will be taking, estimate the time to reach the destination from every route possible, estimate the amount of fuel…
There is an Asian saying that the early worker beats the hard worker. It’s also true in investing because the earlier you start, you’ll have a higher chance of success. First of all, you’ll have the power of compound interest at your side. It will grow your money exponentially such that if you start in…
Retirement funding is one of the most important financial goals to undertake. Do it right and your golden years will be filled with independence freedom and joy. The 6 mistakes to avoid are: 1. Not having a retirement plan When planning for retirement shoot for the basics – food, clothing, and shelter. This means you…
As a savvy business owner, you know the importance of saving money. Your strategic financial expertise can definitely come in handy in times of need and can enable you to expand your business in more ways than one. However, in today’s economy, it can sometimes prove quite difficult to pinch your pennies. Fortunately, there are…
When people think of getting a business loan, they usually imagine a well-dressed small business owner sitting nervously across the table from a serious-looking bank officer. The loan officer is busy examining the entrepreneur’s loan application and a pile of other documents, his fingers just a few inches away from two large stamps — one…
Every business person needs to consider the importance of finance. But not only the ability to count money matters, but even a child can also cope with the task successfully. The understanding of such moments as business financing, investments in a business, timely tax payment, correct accounting of profits and expenses are critical for success….