Lack of funds is among top challenges for business owners in 2016

Lack of business funding is one of the top challenges in business today, reports the National Small Business Association (NSBA) 2016 survey.

lack of capital

The 2016 Mid-Year National Small Business Association (NSBA) Economic report reveals 21% of business owners surveyed listed a lack of available capital as one of their top 3 biggest challenges.

Without proper funding and cash flow management tools, small and mid-size businesses fail to grow and thrive; they may even find themselves turning away customers. Over the past ten years, NSBA has seen an increase in businesses that cannot get enough financing. Do you find this true for your business?

The secret, untapped resource for business funding: accounts receivable financing through a quality invoice factoring company.

Only 3% of NSBA respondents listed accounts receivable financing as their source of funding, so many business owners are missing out on a fast solution to their capital woes. What about you? What would you do with the proper funding through invoice factoring and cash flow management tools to grow and profit? Would you:

  • expand your business geographically?
  • add new product lines or services?
  • advertise?
  • hire new sales staff?

Download your FREE copy of the e-book, “Grow Your Business through Invoice Factoring” to learn more about the countless opportunities invoice factoring offers.

Is lack of funds an ongoing challenge for your business? Call MP Star Financial, the invoice factoring company that can help your business grow! Contact us here or by calling 800-833-3765, ext. 150.

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