Chris Lehnes Factoring Specialist

203-664-1535 | clehnes@chrislehnes.com

Factoring Proposal Issued: $1.2 Million – Medical Device Manufacturer

Posted on May 6, 2024 by Chris Lehnes

Business was about to close loan with Non-Bank Lender which suddenly lost its funding
Customer base is comprised of many strong companies, but many pay slowly putting a strain on cash
Factoring will provide funds needed to cover overhead and execute on new contracts.

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Learn about other factoring proposals issued

Non-Recourse Funding – No PG of Credit Risk Required for Owners

Posted on May 2, 2024 by Chris Lehnes

We can fund a qualified business in 3-5 days with non-recourse accounts receivable factoring. Non-Recourse Funding.

$10k to $10 Million
Competitive Advance Rates
No Audits. No Financial Covenants
No Long-Term Commitments
Most businesses with strong customers are candidates

We specialize in difficult deals

Start-Ups
Turnarounds
Historic Losses
Customer Concentration
Poor Personal Credit
Character Issues

We focuses on the quality of your client’s accounts receivable, ignoring their financial condition.

This enables us to move quickly and fund qualified businesses including Manufacturers, Distributors and a wide variety of Service Businesses (includes SaaS) in as few as 3-5 days.

Contact me today to learn if your client is a fit.

Connect with me on LinkedIn

5 Small Business Email Marketing Tips

Posted on April 30, 2024 by Chris Lehnes

Tips for Small Businesses During Small Business Week

During Small Business Week, small businesses are presented with an opportune moment to refine their marketing strategies and strengthen customer engagement. Email marketing, a cost-effective and versatile tool, remains a cornerstone of digital marketing efforts for small businesses. In this article, we explore five effective email marketing tips tailored to small businesses, empowering them to maximize their impact during Small Business Week and beyond.

1. Personalization is Key:

Personalized email content resonates with recipients and fosters a sense of connection and relevance. Small businesses can leverage customer data and segmentation techniques to personalize email communications based on demographics, purchase history, and browsing behavior. Address recipients by name, tailor content to their interests and preferences, and incorporate dynamic content blocks to deliver targeted and engaging messages. Personalization enhances the effectiveness of email campaigns, driving higher open rates, click-through rates, and conversion rates.

2. Craft Compelling Subject Lines:

Subject lines play a pivotal role in capturing recipients’ attention and enticing them to open emails. Small businesses should focus on crafting concise, compelling subject lines that convey value, urgency, or curiosity. Experiment with different tactics, such as incorporating emojis, posing questions, or offering exclusive offers or discounts. A/B testing subject lines allows small businesses to identify high-performing variations and refine their approach over time. Remember to keep subject lines relevant to the email content to maintain trust and credibility with subscribers.

3. Optimize for Mobile Devices:

With a growing number of consumers accessing emails on mobile devices, it’s imperative for small businesses to optimize their email campaigns for mobile responsiveness. Design emails with a mobile-first mindset, ensuring that content renders seamlessly across various screen sizes and devices. Use single-column layouts, clear call-to-action buttons, and concise messaging to enhance readability and usability on mobile devices. Test email templates using responsive design tools to ensure a consistent and user-friendly experience across desktop and mobile platforms.

4. Foster Engagement with Compelling Content:

Engaging content lies at the heart of effective email marketing campaigns. Small businesses should focus on delivering valuable, relevant, and engaging content that resonates with their target audience. Share informative articles, how-to guides, product updates, customer testimonials, and exclusive promotions to keep subscribers informed and entertained. Incorporate visually appealing elements, such as images, videos, and infographics, to enhance engagement and convey messages effectively. Encourage feedback, comments, and social sharing to foster two-way communication and community building.

5. Measure, Analyze, and Iterate:

Continuous improvement is essential for optimizing email marketing performance and driving meaningful results. Small businesses should leverage email marketing analytics tools to track key performance metrics, such as open rates, click-through rates, conversion rates, and unsubscribe rates. Analyze campaign data to gain insights into subscriber behavior, preferences, and engagement patterns. Use these insights to refine targeting, content strategy, and email cadence for future campaigns. Experiment with different approaches, monitor results, and iterate based on performance feedback to maximize the effectiveness of email marketing efforts.

As Small Business Week approaches, small businesses have an opportunity to elevate their email marketing strategies and deepen connections with customers. By prioritizing personalization, crafting compelling subject lines, optimizing for mobile devices, delivering engaging content, and embracing data-driven decision-making, small businesses can enhance the effectiveness of their email marketing campaigns and drive sustainable growth and success in today’s competitive landscape. Through strategic experimentation, continuous improvement, and a customer-centric approach, small businesses can leverage the power of email marketing to cultivate lasting relationships, foster brand loyalty, and achieve their business objectives.

Connect with Factoring Specialist, Chis Lehnes on LinkedIn

Small Business Week: 5 LinkedIn Marketing Tips

Posted on April 30, 2024 by Chris Lehnes

Top 5 Small Business LinkedIn Marketing Tips for Small Business Week

In celebration of Small Business Week, it’s essential for small businesses to leverage every platform available to them. LinkedIn, a professional networking platform, offers unique opportunities for businesses to connect, engage, and expand their reach.

Here are five top LinkedIn marketing tips tailored specifically for small businesses:

Small Business Week - 5 LinkedIn Marketing Tips — Small Business Week – 5 LinkedIn Marketing Tips

Optimize Your Company Page: Ensure your LinkedIn company page is complete and optimized for maximum visibility. Use high-quality images, a compelling company description, and include relevant keywords to improve searchability. Regularly update your page with engaging content, such as company news, industry insights, and employee spotlights.
Build a Strong Personal Brand: Encourage key employees, especially founders and executives, to maintain active LinkedIn profiles. Personal branding can significantly enhance your company’s credibility and visibility. Encourage employees to share company updates, industry articles, and thought leadership content to amplify your brand’s reach.
Engage with Your Audience: Foster meaningful connections with your audience by actively engaging with their content. Like, comment, and share relevant posts from your connections and followers. Respond promptly to messages and comments to demonstrate your commitment to building relationships on the platform.
Create Compelling Content: Share valuable content that educates, entertains, or inspires your audience. Utilize different content formats such as articles, videos, and infographics to keep your audience engaged. Tailor your content to address the pain points and interests of your target audience, positioning your brand as a trusted resource in your industry.
Utilize LinkedIn Advertising: Consider incorporating LinkedIn advertising into your marketing strategy to reach a broader audience and drive specific business objectives. Experiment with different ad formats, targeting options, and budget allocations to optimize your campaign performance. Monitor your ad analytics regularly and adjust your strategy accordingly to maximize ROI.

By implementing these LinkedIn marketing tips, small businesses can effectively leverage the platform to build brand awareness, generate leads, and foster meaningful connections with their target audience. Happy Small Business Week!

Connect with Factoring Specialist, Chris Lehnes on LinkedIn

How Small Businesses can use AI to their Advantage

Posted on April 27, 2024 by Chris Lehnes

In today’s rapidly evolving digital landscape, small businesses face both unprecedented opportunities and challenges. As technology continues to advance, one tool stands out as a game-changer: artificial intelligence (AI). While AI might seem like a tool only accessible to large corporations with hefty budgets, small businesses can also harness its power to drive growth, enhance efficiency, and stay competitive in their respective industries. Here are some ways small businesses can use AI to their advantage:

How Small Businesses can use AI to their Advantage

Automating Repetitive Tasks: Small business owners often find themselves wearing multiple hats and juggling numerous tasks simultaneously. AI-powered automation tools can streamline operations by handling repetitive tasks such as data entry, email responses, appointment scheduling, and inventory management. By automating these routine activities, business owners can free up time to focus on strategic decision-making and business development.
Personalizing Customer Experiences: Understanding customer preferences and delivering personalized experiences is crucial for small businesses looking to build strong relationships and foster customer loyalty. AI algorithms can analyze vast amounts of customer data, including purchase history, browsing behavior, and social media interactions, to create personalized recommendations, tailor marketing messages, and anticipate customer needs. By providing personalized experiences, small businesses can enhance customer satisfaction and increase retention rates. Small Businesses can use AI.
Improving Decision-Making with Data Analytics: Data-driven decision-making is essential for small businesses aiming to identify trends, optimize processes, and capitalize on opportunities. AI-powered analytics tools can sift through large datasets, extract valuable insights, and generate actionable recommendations in real-time. Whether it’s predicting market trends, optimizing pricing strategies, or identifying cost-saving opportunities, AI-driven analytics empower small business owners to make informed decisions that drive business growth.
Enhancing Customer Service with Chatbots: Providing excellent customer service is paramount for small businesses striving to differentiate themselves in a crowded marketplace. AI-powered chatbots offer a cost-effective solution for delivering round-the-clock support, answering frequently asked questions, and resolving customer inquiries promptly. By implementing chatbots on their websites or social media platforms, small businesses can improve responsiveness, enhance customer satisfaction, and reduce the burden on customer support teams.
Streamlining Marketing Efforts: Effective marketing is essential for small businesses to attract new customers and increase brand awareness. AI-powered marketing platforms utilize machine learning algorithms to optimize advertising campaigns, target the right audience segments, and deliver personalized content across various channels. Whether it’s through predictive analytics, dynamic pricing models, or sentiment analysis, AI enables small businesses to refine their marketing strategies, maximize ROI, and achieve better results with limited resources. Small Businesses can use AI.
Predicting Business Trends and Opportunities: Anticipating market trends and staying ahead of the competition is critical for small businesses to adapt and thrive in a dynamic business environment. AI-driven predictive modeling techniques can analyze historical data, market trends, and external factors to forecast future demand, identify emerging opportunities, and mitigate potential risks. By leveraging predictive analytics, small business owners can make proactive decisions, capitalize on emerging trends, and maintain a competitive edge in their industry.

In conclusion, AI presents small businesses with unprecedented opportunities to innovate, streamline operations, and deliver exceptional experiences to customers. By embracing AI technologies and integrating them into their business strategies, small businesses can level the playing field, drive growth, and achieve sustainable success in today’s digital economy. While adopting AI may require initial investment and learning curve, the long-term benefits far outweigh the challenges, making it a worthwhile investment for small businesses looking to thrive in the 21st century.

Connect with Factoring Specialist, Chris Lehnes on LinkedIn

Bridge Funding – Quick Cash Against Accounts Receivable

Posted on April 25, 2024 by Chris Lehnes

Bridge Funding: Your client may need funds until completion of an equity raise, sale or balance sheet restructuring. In about a week, we can advance against accounts receivable, providing vital liquidity to qualified businesses.

$100k to $10 Million
75% advance against AR
Non-Recourse
No Audits or Covenants
No Long-Term Commitments
Spot Factoring Available Great for bank declines

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The Pros and Cons of Non-Compete Agreements

Posted on April 24, 2024 by Chris Lehnes

Non-compete agreements are becoming increasingly common in many industries, but before signing one, it’s crucial to understand the implications and weigh the pros and cons. These agreements restrict employees from working for a competitor or starting a competing business for a certain period of time after leaving their current employer. Here are some factors to consider when deciding whether to sign a non-compete agreement: The Pros and Cons of Non-Compete Agreements.

To Sign or Not to Sign? The pros & cons of non-compete agreements — To Sign or Not to Sign?
The pros & cons of
non-compete agreements

Scope and Duration: Pay close attention to the scope and duration of the non-compete agreement. Some agreements may restrict you from working in the same industry for a few months, while others may impose longer-term limitations. Consider whether the restrictions are reasonable given your role, industry norms, and career aspirations.
Impact on Future Opportunities: Signing a non-compete agreement could limit your future career opportunities. If you’re bound by strict restrictions, it may be challenging to find work in your field if you decide to leave your current employer. Evaluate whether the potential benefits of the current job outweigh the limitations imposed by the non-compete agreement.
Negotiation: Don’t hesitate to negotiate the terms of the non-compete agreement before signing. Employers may be willing to modify the agreement to make it more reasonable or provide compensation in exchange for agreeing to the restrictions. Seek legal advice if necessary to ensure that the agreement is fair and enforceable.
Enforceability: Non-compete agreements vary in enforceability depending on state laws and specific circumstances. Some states place strict limitations on these agreements to protect employees’ rights to work freely, while others enforce them more rigorously. Research the laws in your state or consult with an attorney to understand your rights and obligations.
Alternative Options: If you’re uncomfortable with the terms of a non-compete agreement, explore alternative options with your employer. You may be able to negotiate a non-disclosure agreement (NDA) or other confidentiality measures that protect the company’s interests without limiting your future career prospects as significantly.
Potential Consequences: Understand the potential consequences of violating a non-compete agreement. Breaching the terms could result in legal action, financial penalties, and damage to your reputation within the industry. Take the time to read and fully comprehend the terms of the agreement before signing to avoid any unintended consequences down the line.

Ultimately, the decision to sign a non-compete agreement depends on your individual circumstances, career goals, and risk tolerance. Consider consulting with a legal professional to assess the implications and explore your options before making a decision that could impact your future opportunities.

Connect with Factoring Specialist, Chris Lehnes on LinkedIn

Top 10 Ways to Support Small Businesses During Small Business Week

Posted on April 23, 2024 by Chris Lehnes

As Small Business Week rolls around, it’s a perfect time to celebrate and support the backbone of our economy – small businesses. These enterprises not only contribute significantly to local communities but also add diversity and character to the marketplace. Here are ten impactful ways you can show your support:

Top 10 Ways to Support Small Businesses During Small Business Week

Shop Local: When you need to make a purchase, opt to buy from locally-owned businesses instead of big chains or online giants. This helps keep money circulating within your community and sustains local jobs.
Spread the Word: Utilize social media platforms to shout out your favorite small businesses. Write reviews, share posts, and tag them in your content. Word-of-mouth marketing is incredibly powerful for these enterprises.
Attend Events: Many small businesses host events during Small Business Week to engage with their community. Attend these events, workshops, or fairs to show your support and learn more about what they offer.
Buy Gift Cards: Purchase gift cards from small businesses, even if you don’t have an immediate need for them. You can use them later or gift them to friends and family, introducing others to these local gems.
Volunteer Your Skills: Offer your expertise pro bono to small businesses. Whether it’s graphic design, marketing, or accounting, your skills can help them grow without stretching their tight budgets.
Join Loyalty Programs: Many small businesses offer loyalty programs to reward repeat customers. Joining these programs not only benefits you but also provides steady support to the business.
Collaborate: Small businesses can achieve more by collaborating with each other. Encourage partnerships and collaborations among your favorite local spots. For example, a café and a bookstore can host joint events.
Provide Feedback: Constructive feedback can help small businesses improve their products and services. If you have suggestions or criticisms, share them politely and directly with the business owner.
Write Blog Posts or Articles: If you have a blog or contribute to local publications, write about your experiences with small businesses. Highlight their unique offerings and the value they bring to the community.
Advocate for Policies that Support Small Businesses: Get involved in local politics and advocate for policies that benefit small businesses, such as tax breaks, streamlined regulations, or support for entrepreneurship programs.

Small businesses are the heart and soul of our communities. During Small Business Week and beyond, let’s show them the love and support they deserve. Together, we can help them thrive and create vibrant, resilient local economies.

Connect with Factoring Specialist, Chris Lehnes on LinkedIn