How Does Invoice Factoring Work? 5 Simple Steps
ei Funding is an Orlando-based alternative finance company dedicated to providing small- to medium-sized businesses the working capital needed to grow and ultimately become successful. I do this primarily through the funding methods of factoring and purchase order financing. As a factoring company, the most frequently asked question I receive [...]
Client Spotlight: Unity Vibration Kombucha
At ei Funding, your success is our success. For one of our clients — Unity Vibration Kombucha — they are achieving just that and more, and we’re proud to sing their praises. After working with co-founders Tarek and Rachel Kanaan for almost two years now, we’re so delighted to see the [...]
6 Success Factors to Get Your Small Business Started
If you’re reading this today, you’re probably thinking about starting a business, or know someone who is. Maybe you’ve already started a business and have run into some snags that got you thinking about giving up on your dream and going back to work for someone else. Your ex-boss, maybe? [...]
A Digital Marketing Agency – the 3rd Member of Your Team
How does your business get new customers? These days, a lot of small businesses are struggling to keep the customers they already have, so getting new ones can be a special challenge all on its own, especially in highly competitive markets. It’s a very real problem that keeps many business [...]
Invoice Factoring Explained
As a business owner, you have a lot of obligations. But you can’t always wait for clients and customers to pay their invoices when you have immediate needs. In cases like this, invoice factoring can help. Invoice factoring is one of the oldest forms of business financing, and it’s used [...]
Your Attorney – Member No 2 of Your Virtual Team
The month of July is personally a great month for me since not only is it the time I take a much-needed vacation but is also the anniversary month of starting my company, ei Funding. This month I am successfully completing my 4th year. I say “successfully” since being successful [...]
Your Accountant – the 1st member of your virtual Small Business Team
As a small business Owner, you’re not always able to hire or bring in-house all the people you need to effectively run your business, so that means outsourcing some of the more critical jobs. The first three critical functions most small businesses outsource are Accounting, Legal, and (digital) Marketing. This [...]
Now that PPP is here it’s time to talk about Forgiveness
Dear Small Business Owners, On the subject of the Paycheck Protection Program (PPP), the deadline to apply is June 30, 2020, when the PPP loans program ends. Although it’s still not too late if you didn’t apply, time is running out and awards will depend on your Lender, given the [...]
Passion as a Secret Weapon for Small Business Success – Lessons from my Customers.
When you’ve been around for as long as I have (nearly 30 years!) you’re delighted with any opportunity to be able to share your learnings and experiences. You tend to want to do it a lot but need to be reminded that life is a two-way street and that learning [...]
The White Elephant in the Room – Collections
The White Elephant in the Room – Collections Today I want to cover a subject that is the Rodney Dangerfield of small businesses and their owners. No, I’m not talking about your boss’s bad breath, nor his shirt/tie combinations (which in reality, never combine), nor are we talking about how [...]
Why Poet Robert Frost was also a Brilliant Marketing Expert
The Road Not Taken, by American poet Robert Frost Two roads diverged in a wood, and I— I took the one less traveled by, And that has made all the difference. At church Sunday listening to our priest’s sermon he used an analogy from American poet Robert Frost’s “The Road [...]
What I’ve Learned in 3 Years as a Business Owner
Twenty-seven years in corporate America working at such household brand name companies like GE, Whirlpool, Philips, and Oster provided a great backdrop for my career as a small business owner. But even today, as I celebrate my third year as an entrepreneur, not only do I feel grateful for having [...]