2598 Search Results
2598 Search Results
https://www.sofi.com/learn/content/debt-factoring/
Debt factoring describes a situation when a business works with a third party company to receive payment on unpaid invoices. The debt factoring company usually buys the invoice at a discount and provides the remaining amount once it is able to collect payment. As you may expect, there are fees involved, but if you’re having […]
https://www.sofi.com/learn/content/what-is-insolvency/
Business insolvency occurs when a company is unable to settle its debt payments to lenders as they become due because of a lack of assets. This can happen any number of ways, and may be the first step towards bankruptcy for a business. Below, we talk about what you need to know about insolvency, steps […]
https://www.sofi.com/learn/content/notes-payable-vs-accounts-payable/
Businesses borrow money in different ways. They might, for example, receive goods and services on credit and pay the invoice 30 or 60 days later. Or, they might take out a small business loan and repay the principal (plus interest) in monthly installments over several years. Both types of debt are considered liabilities. In small […]
https://www.sofi.com/learn/content/equity-crowdfunding/
Equity crowdfunding is a form of crowdfunding that helps you find people who are willing to fund your startup in return for a financial stake in the company. While this type of fundraising can help you raise capital without going through the traditional channels (like finding venture capital or taking on debt), it’s not the […]
https://www.sofi.com/learn/content/funding-for-small-business-guide/
The Essentials on Small Business Financing and Building Credit This is the third in a five-part series on small business success. Questions about money come with the territory when you’re starting a small business. At first, it’s “How will I come up with the money to launch my business?” Then it shifts to “Where can […]
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