The prospect of getting approved for an SBA loan can be exciting and frightening at the same time. Will you say the right things? What if you forget your presentation? These are questions that many people ask. Follow these...
If your business needs new equipment to thrive or grow, you may be wondering how to finance it. After all, while equipment is generally a good investment, figuring out the details of the equipment financing process can seem complicated...
In a way, factoring is similar to other business tools. If you use power tools wisely, it can reduce the amount of time you spend on each job and boost your profits. However, using the tools incorrectly can cause...
Managing cash flow during a time of crisis is both challenging and frightening. With uncertainty, it is difficult to manage a business because so much relies on a forward-thinking plan. Consider some of the following ideas to help your...
Getting your bank loan application denied is nothing short of disappointing. If you need money to run and grow your business, the denial can feel crushing. Fortunately, bank loans aren’t your only option. Here are a few alternative lending...
If you’re a small business owner in need of fast working capital, you likely don’t have the time to wait for a traditional loan. Bank loans require a lot of paperwork and can take weeks to fund. A merchant...
Emergency expenses or funding for expansion can pose challenges for many business owners. A business line of credit can provide immediate access to cash. Having a line in place, even if you do not currently anticipate a need, is...
As a small business owner, you understand the occasional struggles of volatile cash flow and the need for business funding when revenue cycles are insufficient to fund expenses. There are solutions for this common operational challenge. One option you...
Consistently distributing top-notch products that sell quickly is only part of the equation in building a healthy bottom line. Detailed accounting and strict cost control are also essential to managing your working capital. A good place to start is...
Having a great idea for a small business you want to start is one thing. Actually translating that idea into a thriving company is another. You’ll no doubt face many challenges along the way, and coming up with enough...