The NFIB optimism index is up, which is great – but small business owners still worry about business funding strategies with today’s low credit availability.
According to the National Federation of Independent Business’s June optimism index , nine out of the ten index factors were improved or unchanged from May, reports CNN Money. One of the key challenges that still exists, though, is an increasing number of small business owners who say that business loans are hard to get – harder than even last quarter.
That’s the worst result for that statistic since the 1980-1982 recession!
What’s the solution to this cash flow management challenge? Invoice factoring, the small business funding solution that adds no new debt.
With invoice factoring, you can free up your cash to:
- Meet payroll, payroll taxes and other expenses, without worry
- Take advantage of better payment terms on your purchases
- Add new products or services to your company’s offerings
- Expand the geographical reach of your small business
With receivables factoring, you can use the freed up cash any way that you’d like, and you’re limited only by your own imagination. Read what MP Star Financial customers say about how their cash flow management improved with receivables factoring .
Contact MP Star Financial today to discuss how invoice factoring can become the core of your small business funding strategies.
Factoring is an excellent tool in your overall cash flow management, so contact MP Star now to talk about your small business funding strategies, by calling 800-833-3765, #150. Or, apply for receivables factoring, your small business funding solution, online today.
