Blog | Resolve

Top 7 Financial Tools for US Manufacturers

Maintaining the finances of a manufacturing company is one of the most demanding jobs as it involves managing financial accounts, preparing and submitting tax reports, synchronizing financial transactions, and organizing income and expenditure. These involve thousands of transactions and…

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B2B Payments

The ABC’s of a B2B Payment Platform

According to a report on GlobeNewswire, the US B2B payment market had a transaction value of $868 million in 2020. GlobeNewswire expects the global market to grow from $870 billion in 2020 to $70 billion in 2030, a compound annual growth rate of 10.7% from 2021 figures. That proves the…

Factoring & Financing

How to Source Financing for your Business Customers

Consumer financing for customers of a small business is win-win Whether you’re a startup, a small business, or a growing enterprise, you probably have customers asking for financing. And, when it comes to customer financing, those that can source it are likely to attract more new customers…

Business Growth

Your Business Credit Report Could Be Costing You Money

What is a business credit score? A business credit score is very similar to your personal credit score. It’s a number that indicates your business’s creditworthiness. Have you heard of a FICO score that rates your personal finance? It’s very similar for your business. In fact, there’s a…

B2B Payments

B2B Payment Explanations and Solutions for SMBs

Shouldn’t B2B payment options be easy? As individuals, we expect to have multiple payment options when we’re buying online, going out for the evening, or even at a retailer checkout. Whether we’re using tap and pay, Venmo, or another payment app, we expect easy and fast transactions so we…

Factoring & Financing

What is Purchase Order Financing and Purchase Order Factoring?

How does purchase order financing work? You’ve probably heard of invoice factoring: a B2B or B2G company sells invoices (usually for large orders) to a third party so they can receive payment for the invoice before their customer issues payment. This process can work fairly well if your…

Factoring & Financing

Trade Credit Insurance - What You Need to Know

What is trade credit insurance? Trade credit insurance (also known as Accounts Receivable/AR insurance, business credit insurance, export credit insurance, or credit insurance) is insurance coverage businesses purchase for risk mitigation against losses from non-payment of invoices. It…

Factoring & Financing

Financial Risk Management - Uncovering the Limitations of AR Insurance

Why accounts receivable insurance? Accounts Receivable (AR) Insurance or Trade Credit Insurance has been growing in popularity. There is increasing demand for net terms as a payment option from business buyers. However, offering net terms on invoices creates several business challenges…

Factoring & Financing

A Guide to Invoice Factoring, Financing & Alternatives

Factoring financing, also referred to as invoice factoring is a financing process where a business sells its invoices to a company. In exchange for a portion of the balance on the invoice, the factoring/finance company pays the business the rest of the amount owing on the invoice. For…

How Supply Chain Impacts Cash Flow for the Lighting Industry

An overview of the lighting industry supply chain The DOE (US Department of Energy) sees growing opportunities for LED luminaire domestic manufacturing in high-end, niche products, items requiring quick lead time, and manufacturing innovations. The LED Manufacturing Supply Chain report…

Business Growth

How to Move Your Credit Management Online

Online credit management is better Some things are just better online. And we think credit management is one of those things! Whether you’re a small business getting ready to scale, or you’re a large business looking to save time and money, moving your credit management online is an…

Factoring & Financing

Choosing the Best Small Business Equipment Loan

From start-ups to upgrades, equipment is essential for many businesses Whether a business is just beginning to source equipment for the first time, upgrading equipment for improved productivity, or replacing equipment that no longer functions, equipment plays an essential role in many…

Factoring & Financing

How Selling Invoices Improves Cash Flow

Selling invoices—a traditional cash flow solution for businesses The practice of selling invoices has been around for quite a while. Businesses of all sizes—but primarily small to medium-sized businesses (SMBs)—will sell invoices to a third-party company that offers factoring services…

Factoring & Financing

Cash Flow Troubles: Why Truck Sellers Need Truck Financing

What is truck financing? If you manufacture or sell trucks, then you understand how costly they are. It would be near impossible to attain meaningful revenue if you decided to sell on a cash basis only. Like other truck sellers, the unseen market forces compel you into selling on credit…

Factoring & Financing

Machinery Financing for Hassle-Free Purchasing

What is machinery financing? Whether you are running a large or small business, chances are you need specialist machinery or equipment for its smooth running. While their cost may seem minimal, you will need a lot of the equipment if you are starting a business or you are a supplier, so…