1st Commercial Credit Blog
Posted on February 01, 2018 in Transportation
Reefer haulers are responsible for carrying perishable goods, and time is of the essence in this type of transportation. If they do not transport the goods on time, it can cause problems with food contamination and a disputed freight bill....
Posted on January 25, 2018 in Purchase Order Finance
Purchase Order Financing has been around for a long time. This usually involves several parties in the transaction and there are many variables in the underwriting process to consider. The mechanics of funding the transaction may vary by industry...
Posted on January 04, 2018 in Factoring
Have you been searching for a way to get a short-term loan for your business without using a bank? Many businesses find long-term debt financing to be ineffective compared to a short-term loan. Sometimes called a micro-loan, the lending institution...
Posted on January 03, 2018 in Transportation
The freight broker business is evolving into an industry that has experienced tremendous growth. With this growth, has developed the need to train new agents and prospect new accounts. More loads are being moved and more money is being made in this...
Posted on January 02, 2018 in Business Tips
As a business owner, billing on credit terms means you are now financing your customers as if you were a credit card company, an unsecured vendor of record. The moment you decide to offer credit terms to customers will be the day your business will...
Posted on November 15, 2017 in Factoring
The simple answer is you are giving up between 1% to 4% of the invoice value depending on many variables. Think of it as an early payment discount you would offer a customer (account debtor) if they paid their invoice within 24 hours or the same...
Posted on October 10, 2017 in Press Releases
If you are an active distributor / fulfillment center for Amazon and are going through countless hours creating invoices for your factoring company that requires invoices to get funded then you need to order the MyBizPad® Amazon Software package...
Posted on October 02, 2017 in Transportation
There are so many factoring companies offering financial services for trucking companies that is has made it more difficult to determine what attributes you should consider when it comes time to select a factoring company for your trucking...
Posted on March 05, 2015 in Press Releases
Jackie Bales with Corporate Review and 1st Commercial Credit's President Raul Esqueda, discuss cash flow solutions provided by factoring companies in an episode that appeared on February 7th and 8th of 2015 in various markets broadcasted by...
Posted on January 21, 2015 in Banking Issues
The anticipation of getting a business loan to help with ongoing operating costs or other funding needs for a company can often be intense for a business owner. In many instances, the owner utilizes a bank loan out of habit because it is how he has...
Posted on January 21, 2015 in Factoring
How can a business professional see a recession coming? If you look at economic trends in your industry and in the world at large, you can start to see the kinds of indicators that will allow you to identify a recession as it is forming. The...
Posted on November 12, 2014 in Staffing
It can be difficult to understand just how comprehensive the services of a medical staffing firm are until you actually research what the best firms have to offer. The concept of medical staffing has changed considerably over the years and the...
Posted on October 20, 2014 in Factoring
Product distributors have a very narrow fence to walk every day. These are the companies that are the liaisons between product manufacturers and retail outlets. In the product distribution model, it is usually the distributor that winds up making...
Posted on October 20, 2014 in Banking Issues
If there is one thing that new business professionals have a hard time with, it is preparing to ask for a loan from a bank. A new entrepreneur needs to remember that a bank is not just loaning you money. The bank is investing in your business and...
Posted on October 06, 2014 in Cash Flow Management
Featured Article in the Pallet Central Magazine by Raul Esqueda
Learn more about alternative financing solutions for the Pallet Manufacturing industry.
PDF File Article