Blockchains are digital databases that are linked to each other without a single centralising authority. The autonomy of the blockchain system is an important reason why it is considered to be an important asset in financial remodelling across the world. The idea of Blockchain was originally conceived in 1991 by Stuart Haber and W. Scott…
Bad credit history bogging your business down? Sounds familiar, doesn’t it? Poor credit, be it personal or company, makes it that much harder for a business looking for a loan or any kind of funding. Banks scrutinise your credit history before approving your loan application. You may have had your reasons as to why you couldn’t pay up on time or messed up your payments. But to any lender, a person with a bad credit is high-risk, because it means either that you’ve not repaid on time or that you’ve seen harsh times. Fret not, all is not lost! There are a variety of alternative financing options which look into your operating history and business strength, and not just your credit history. Here, we introduce you to 5 viable financing options for businesses with bad credit.
If you’re anything like the vast majority of small businesses in the logistics industry, you too would probably find bookkeeping a daunting task. Putting it off could spell disaster as you could lose track of all the details and little expenses. So what should you do? Here are 6 bookkeeping secrets every logistics business needs to know!
While the blockchain technology is still in exploratory stages, there is tremendous potential for it to transform into a mainstay in supply chain finance. It can help enterprises to process payments in real time and can bundle and sell invoices at a discount to manufacturer using a secured ledger mechanism.
We got talking to an Expert in Logistics industry and got an insider’s view on the do’s & don’t. Below are his views on the industry & how it works.
Invoice discounting can help fund the Logistics & Transportation industry by freeing up cash sitting in unpaid invoices. The dependency on unpredictable and fluctuating factors makes it all the more necessary for organizations to have a strong cash flow system.