Asset-based lending, a financial service that we specialize in here at The Commercial Finance Group, depends on using assets, such as inventory and accounts receivable, as collateral to receive funding. In other words, asset-based lending concerns when a company takes a loan against the collateral value of its hard assets. With office locations in Burbank, [...]
Though you very well may be familiar with the many nuances of the accounts receivable process, you might be surprised to find out that they are a few things that you didn’t know. The Commercial Finance Group specializes in accounts receivable and cash flow solutions, including factoring services and asset-based loans. Some aspects of receivables [...]
Using valuable currency and other desirable items for trade, as a very primitive and early form of financial exchanges, goes back to the early dawn of mankind. Obviously, humankind has come a long way from exchanging rocks and food to using sophisticated software platforms to track numbers. Like many things that have been developed by [...]
Going into business isn’t for the faint of heart. Before they’ve tried it, many people have rosy view of what it will be like to work for oneself. Getting to make all the rules. Keeping whatever hours they want. Only taking on projects that excite or inspire them. And of course, being the end of [...]
When it comes to effectively managing and running a business, cash flow management is extremely important to your success. Purchase order financing and invoice factoring are similar in nature, but they do have their distinctions. Our factoring company believes that it is important to make sure that our readers and clients understand the difference between [...]
In an effort to highlight and emphasize the importance of financial literacy and teach Americans across the country how to properly establish and maintain healthy financial habits, the United States recognizes National Financial Literacy Month every April. As a financial service that helps small business owners and other business professionals work through their accounts receivable [...]
