Small business owners understand the dilemma rapid growth can bring. Business is booming, sales are up, but the funds to purchase inventory and supplies aren’t yet available. To scale, you need to get working capital to fulfill all the new orders flowing in. Because there are many types of working capital available, it can be daunting to choose a solution that’s best for your business. Bank loan? Invoice financing? Your personal credit card? You could. But the trouble with traditional…
New technology is changing the business landscape and reducing the amount of paper-based transactions. This trend toward digital payments has led Behalf to partner with Visa and extend businesses of all sizes access to working capital. Customers with a Behalf account can now pay with a virtual Visa card — a payment solution that provides flexible financing options for business purchases.* In this blog, we’ll touch on how Behalf’s virtual Visa provides on-demand purchase financing with the convenience of a…
Business owners — how do you choose to pay for business expenses? Right now, with so many B2B payment methods available, it can be tricky to determine which are best for you and your company. Paper checks are tried-and-true, but limiting, and new virtual solutions sound great, but how do you get started? There’s a lot to think through, so we created a checklist to help you weigh the pros and cons of all the B2B payment methods out there….
For decades, FinTech has been a male-dominated field, and for the most part, it still is. Today, women make up only 8% of FinTech board of director roles across Europe and the US. The lack of women in corporate leadership roles is in the spotlight, and while discussions are necessary, so is action. Research shows that a range of diverse perspectives can have considerable impacts on a company’s outcomes. A 2017 study from the Harvard Business Review found that teams…
No matter your business model, the way you collect payment from customers for the goods and services you provide is an essential part of your success. Technology, big data, and the evolving electronic payment landscape are forcing companies to rethink their business invoicing process. For some, improving invoicing means extending more aggressive trade credits. Others are switching to electronic payments or outsourcing their payment services altogether. But the truth is, most corporations have slow internal processes and are struggling to modernize their payment systems…
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