Often times, individuals or businesses that provide a particular service that requires state licensing will be required to obtain a surety bond in Arizona. The problem is that there are many business owners that are somewhat unclear as to what a surety bond is and why...
Businesses are familiar with the benefits of insurance in their day to day operations, but many companies selling into international markets may not realize that short term export credit insurance is also available. This insurance can be designed to cover a single...
The answer to the question of what is factoring receivables is very simple. Factoring provides a cash advance from a third-party, the factor, to a business invoicing customers on the typical 30, 60 or 90-day terms. This is not a loan, and there is no need to provide...
One of the most common mistakes made by business owners is to assume that factoring working capital is only required when a company is struggling to meet financial commitments or when there is a temporary gap in cash flow due to timing between invoicing and payment....
Export credit insurance affords several benefits to policyholders. Most people assume export credit insurance only safeguards against foreign buyer nonpayment, but there are several other advantages if you partner with a reliable and flexible insurer. Some of the...