Avoid Piercing The Corporate Veil When Payroll Is Delayed
“Piercing the veil” is a term that gets tossed around a lot, particularly when a business has taken part in actions that break the law. However, many people do not fully understand the meaning of “piercing the corporate veil.” While an LLC or corporation has little to worry about if they are not practicing any…
Merchant Cash Advance Vs. Payroll Funding
In the era of COVID-19, small and even medium-sized businesses are struggling to make ends meet. Cash flows have dwindled, leaving many business owners with few options. The shrinking economy has caused layoffs, closures, and general unrest among businesses and consumers alike. Will economic reform revitalize the economy going forward? Do vaccines hold the key…
Invoice Discounting vs. Payroll Funding
Waiting for unpaid invoices can take a substantial toll on your business and your employees. Not only does your business have less liquidity, but it also may not have the resources to pay staff on time. This can lead to layoffs, reduced hours, or delayed salaries. All of these consequences will only hurt your business…
Supply Chain Finance Vs. Payroll Funding
If you have not heard of supply chain finance, you are not alone. It is still a relatively rare form of financing for Accounts Receivable (AR), but it is gaining popularity in some sectors. In any case, it stands in direct contrast to more traditional methods like trade finance and payroll funding. Supply chain finance companies…
Asset Based Loans Vs Cash Flow Based Lending
Figuring out the best way to get funds for your business is always an uphill battle. If you’re experiencing cash flow issues or simply need funds to expand, you will probably need to turn to a lender. However, no two lenders are exactly alike, and some lenders offer different kinds of loans than others. For…
