by Monterey Commercial Capital | Jun 22, 2023 | Financing Blog
Invoice factoring is a financial service where businesses can sell their accounts receivable (invoices) to a third-party factor. The factor pays the business an advance on the invoices and then collects payment from the customers when it’s due. This type of financing...
by Monterey Commercial Capital | Jun 15, 2023 | Financing Blog
When it comes to business financing, your FICO score is critical. This three-digit number, which ranges from 300 to 850, tells lenders how likely you are to repay a loan. Your FICO score is based on factors such as payment history, credit utilization rate and the...
by Monterey Commercial Capital | Jun 13, 2023 | Marketing Blog
Two reasons that digital marketing is so important for small business owners is because it creates an opportunity for business growth and is something that an owner can do on their own. With both of those things in mind, there is simply no reason every business should...
by Monterey Commercial Capital | Jun 8, 2023 | Financing Blog
Businesses are increasingly turning to private lending firms for their financing needs. This trend is being driven by a variety of factors, including greater access to capital, more flexible repayment terms, and faster processing times. Private lenders offer...
by Monterey Commercial Capital | Jun 1, 2023 | Financing Blog
In today’s digital age, it is becoming increasingly difficult for small business owners to keep up with the demands of managing their finances. Automating the accounting process can help streamline your financial operations and make them more efficient. By automating...
