Benefits of outsourcing to a collection service.
Here are the top 5 benefits of outsourcing your collection efforts: Reduced Collections Costs Recovering funds that are past due is a detailed process. It may require hiring and training full-time collections staff or utilizing employees from different departments to work in a collections role. Outsourcing your institution’s collections to a third-party vendor, like SWBC, […]
What is working capital?
Working Capital DEFINITION OF ‘WORKING CAPITAL’ A measure of both a company’s efficiency and its short-term financial health. The working capital is calculated as: The working capital ratio (Current Assets/Current Liabilities) indicates whether a company has enough short term assets to cover its short term debt. Anything below 1 indicates negative W/C (working capital). While […]
Los Angeles Financial Service – Merchant Cash Advance
A Los Angeles Financial Service Company American Financial Center, Inc. CAPITALIZE ON THE STRENGTH OF YOUR BUSINESS A Merchant Cash Advance is a funding product providing business owners an alternative to business loans. If your business processes regular credit card sales and meets a few other simple criteria, you may be able to convert some […]