Blog
May
04
2021
Businesses that are ready to grow, but short on capital are
often turning to a creative financing solution called invoice factoring.
Factoring is not a loan, but the discounted sale of your open accounts
receivable invoices.
The purchaser, or factor, pays you cash...
Mar
02
2021
All businesses depend on various types of equipment to accomplish their tasks. For instance, a hotel uses kitchenware and other tools to prepare the desired meals. Similarly, farmers use tractors and other related devices in their ventures, and so...
Feb
02
2021
Debt financing involves borrowing money and paying back with interest. Debt is essential for startup organizations when financing business operations. Debts are cost-effective and will provide funds to purchase inventory, hire more staff, buy real estate or equipment. Banks...
Jan
05
2021
When it comes to acquiring financing for your company, SBA (small business administration) makes it easier for your business to get any loan. Since the state backs SBA loans, lenders are willing to approve the loan because they carry...
Dec
01
2020
As it becomes more and more difficult for small businesses
to qualify for conventional loans from banks and other lenders, they are often
turning to creative options such as accounts receivable financing. An
especially attractive choice for companies that need cash and...
Nov
03
2020
Outsourcing is the process of allocating some business tasks to third-party service providers. It is the best option for activities which need the help of experts. It could also be an ideal option when the in house employees are...
Oct
28
2020
Some businesses fail due to cash flow problems. In most cases, these businesses request financing from banks. However, the most compelling financing option is asset-based lending since it does not regard your credit history. Asset-based loans use your assets...