Thinking Outside of the Debt-Based Lending Box

Posted by ncfwebadmin On September 13,2018
For businesses to thrive and grow, they need access to a reliable and renewable source of working capital. Since the earliest days of banking, when businesses needed extra funding, loans were the “go to” solution. In this day and age, the marketplace is moving at a much faster pace than it was even a few years ago, and business owners are trying to avoid debt-based lending to minimize liabilities and maintain a positive cash flow. Traditional financing methods are falling by the wayside in favor of a faster and less cumbersome method.

Traditional Loans and Cash Flow Issues

When we look at loans, taking on extra debt to correct cash flow issues, makes little sense. If cash flow issues arise, loans will only help to ensure those issues come to the forefront, later on down the line. For example, a business is experiencing cash flow issues. Expenses are outweighing the rate at which customers are remitting payment on invoices. To fix this, the business takes out a loan, whic

Invoice Factoring for the Oil & Gas Industry: Improving Your Cash Flow Pipeline

Posted by NCF On August 28,2018
Almost every aspect of our economy depends on the oil and gas industry, right down to the supply chains that move energy resources and finished products from coast to coast, and even overseas. Oil and gas sales are on the rise, but that doesn’t mean revenue is coming in any faster.

Business is Faster Today than Just a Few Years Ago

Everyone from private homeowners to gas stations, heating companies, petroleum distributors, on up the market have the ability to monitor gas an oil, and place orders immediately. In response, oil and gas companies have had to improve supply chains and response time. However, despite advances in the oil and gas industry, the aging windows on invoices has remained the same. Customers at all levels still have up to 90 days to remit payment on open invoices. The lag in revenue is felt on the back end, and companies cannot keep up with customer demands because the capital simply isn’t there to maintain overhead expenses. If there were a way to bri

Distributors: Maintaining Inventory for Increasing Demand

Posted by NCF On August 21,2018
Distributors are experiencing an increased demand from all industries. Being able to supply businesses ranging from the healthcare industry to the energy sector, retailers, and everyone in between is essential for success. Yet the increasing demand from customers means distributors are facing large and unexpected orders, and keeping a well-stocked inventory is a necessary part of the supply chain, and integral to economic growth.

Distributors and Staggered Payment Schedules

When distributors fill orders from clients, invoices are issued with staggered payment schedules ranging from 30 to 90 days. The staggered payment schedules reduce the rate of incoming revenue, which can place a severe strain on finances when distributors are facing an uptick in the size and volume of orders placed by customers. Some distributors resort to taking out short-term loans to bulk up th

Financing Businesses in the Service Industry

Posted by NCF On August 14,2018

The service industry has exploded over the past few years. Conservative estimates place the combined revenue of the entire service industry at close to one trillion dollars annually, though most realists would place figures over that amount. However, despite high sales and revenues, service companies have a difficult time securing loans and other types of financing needed for general growth or to expand into new markets.

Service Companies and Loans

Service companies provide intangible products and services. Trucking, Software as a Service (SaaS), janitorial companies, legal firms, and more fall under the umbrella of the service industry. These businesses provide intangible goods and services, and are not direct manufacturers. Since many of these companies do not provide physical goods and use leased equipment, they are able to lower overhead expenses while increasing sales. Unfortunately, the lack of fixed assets means ther

Debt-Free Growth Strategies for Manufacturers

Posted by NCF On August 10,2018
The current economic climate is favoring manufacturers, and taking advantage of growth opportunities can help business owners carve out a larger market share for their companies. However, using traditional loans can keep manufacturers from growing to their full potential.

Debt Has a Ripple Effect

Growth is about reaching new milestones, tapping into new markets, and rolling out new products. Traditionally, growth projects involve taking out loans, which impact credit scores and place debt on the balance sheets. The balance on the loan is repaid from a portion of the post-growth revenue. Yet growth combined with debt is a big risk. Even if sales are low during that period immediately following expansion, loan payments must be made or else the business is in danger of defaulting. At the same time, manufacturers still have to maintain overhead expenses, payroll, maintenance on equipment, and more. Frequently, manufacturers end up scaling back their plans for growth to figure ho
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