Why Keeping Close Tabs on Your Business Finances Often Is Crucial for Long-Term Stability and Success
Does your company closely track its business financials? If not, there are several good reasons to start right away. Keeping close tabs on your company finances can allow you to understand your financial state in detail, monitor the success of marketing campaigns, establish a workable annual budget, and much more. Even if you’re not an […]
Should Your Practice Buy Its Offices?
Medical and dental practices, clinics, and small outpatient facilities are often set up like public services to the patient’s point of view, but you’re still a small business at the end of the day, and that means you need to think about your business strategy like a business owner. That means knowing when leasing is […]
What Are the Advantages of Equipment Financing?
Equipment financing enables your business to obtain necessary tools, technology and machinery while maintaining adequate cash flow for operational expenses. Some of the many advantages of this specific type of funding include: Straightforward Application Process If you have strong credit scores, the application for an equipment loan should be relatively quick, depending on the purchase’s […]
Understanding Purchase Order Financing
If you’ve never heard of purchase order financing, you don’t know what your business has been missing. But even if you have heard of this flexible financing tool, there’s probably a lot of techniques that you haven’t considered. PO financing is one of the best types of alternative financing for small businesses, but it’s also […]
The Advantages of Using a Merchant Cash Advance
Most business loans aren’t designed to provide you with working capital, especially not traditional amortizing, fixed-rate loans based on the equity in an asset. That’s an area where financing based on your business assets and other alternative solutions provide some of today’s most useful financial products, including the merchant cash advance against electronic transaction income. […]
Raising Your Company’s Typical Amount of Working Capital in 3 Simple Steps
Having a tough time keeping up with your company’s recurring expenses lately? You might need to reevaluate your current ratio of working capital. Though you might not be very familiar with the technical term itself, having enough working capital essentially means keeping adequate cash around to cover necessary expenses. Ideally, you would have at least […]
Should You Opt for a Line of Credit?
When you start a small business, there are a lot of decisions that you will have to make that will have a lasting impact on your business and its overall success. The kind of financing you choose to get your company going is one of these. While making financial decisions may seem overwhelming, the truth […]
Should You Lease Your Business Equipment?
Your business needs equipment to operate. Whether you own a restaurant, a consulting firm, a store or a dental office, there are many necessary items to work efficiently. Purchasing everything you need upfront is likely not an option. There are various ways to finance the required tools and supplies. For new businesses, equipment leasing is […]
How Easy Is It To Qualify for Accounts Receivable Financing?
If your business has trouble keeping its cash flow steady, you’re not the only one. Many small businesses face this situation several times a year. After all, it’s not surprising for customers to change the size of their orders or take longer to pay some months. Fortunately, there’s a solution that has helped countless business […]
Getting the Most Out of Asset-Based Lending Solutions
In order for a business to stay afloat, it is absolutely necessary that there is access to working capital. If you can’t guarantee your cash flow, then it will only be a matter of time before you can no longer cover all of the expenses related to keeping your company operational. Thankfully, there are several […]