altLINE by The Southern Bank’s Post

We are proud to have been named one of the Top 7 Factoring Companies of 2024 by Grit Daily News! Our team works hard to ensure customers partnering with altLINE have a painless financing experience, from providing funds promptly to offering easy access to our support team in times of need. https://lnkd.in/efWctSTP #smb #factoring #alternativefinancing

With the announcement that the Fed is holding rates steady but hoping to lower them later in the year, small business owners may be wondering how the federal funds rate impacts them. In this article, we overview how high and low interest rates impact small business owners and what they can do to improve cash flow and reduce financial risk during periods of high interest rates. #InterestRate #Economy #FOMC #FederalReserve #Inflation #B2BFinancing Read the article -> https://lnkd.in/gnQU3jmk

By now, you're probably familiar with certain groundbreaking AI-powered tools such as ChatGPT and Bing AI's Image Creator. But these features actually provide only a glimpse into what the future of AI and its capabilities might look like.   According to IBM, 44% of companies are in the process of making serious investments in AI. If you haven't begun considering the impacts AI could have on your business efforts—whether those impacts are positive or negative—it's time to start.   For the staffing industry in particular, artificial intelligence has already alleviated many formerly time-consuming tasks, such as chatbots and virtual assistants aiding in scheduling candidate interviews. But there's a lot more to come, and it will ultimately be up to you in terms of how much AI influences and streamlines your day-to-day tasks. Read more about AI's impact in the staffing industry here: https://lnkd.in/e34wgt5S #staffing #artificialintelligence #ai

It's true that it's a great time to be in staffing. The industry has quickly recovered from the pandemic with growth reaching a record-high in 2022, per the AtWork Group. But if you're thinking of starting a staffing business, know that the industry growth won't bring clients to your doorstep by default. You'll have to be tactical in how to go about finding clients. Because winning clients is one of the most important factors for any new business owner, it's important to stay one step ahead and devise your strategy to land your first contracts. Find out more about how to find clients for your staffing agency here ➡ https://lnkd.in/eBaNFvwd #staffing #smb #newbusiness

Small business owners deal with many of the same challenges, no matter the industry. The cash advance you receive from factoring helps solve these omnipresent obstacles. For instance, those utilizing factoring commonly say that not having to stress about making payroll on time is the heaviest weight off their shoulders thanks to the advance provided by a factor like altLINE. Click here to find out more about why small business owners choose to factor their invoices: https://lnkd.in/eCZ_e_vD #invoicefactoring #alternativefinancing #smb