Aug
21
2024
If you’ve ever dabbled in alternative financing, you’ve probably heard the term “asset-based lending” by now. ABL financing is a type of loan that uses a business asset as collateral. That way, you can qualify for better interest rates...
Jul
17
2024
Securing the best terms on a commercial mortgage loan is critical for business owners who need to finance the purchase or renovation of commercial property. Here are some steps business owners can follow to get the best terms.
Improve Your...
Jun
12
2024
You have probably heard, and maybe even participated in, the debate about being born with an entrepreneurial destiny or creating one for yourself. Born or made is the debate. Researchers have studied entrepreneurial trends for decades to identify whether...
May
15
2024
Cash flow is a critical variable for any commercial venture. It's even more important for first-time, business owners, who likely have no alternative but to close when their money runs dry. Taking out a loan can be the answer....
Apr
17
2024
As a small business owner, growth is essential for success. However, scaling up can be challenging, especially when you have limited resources and fierce competition. The good news is that there are proven growth hacks that can help you...
Mar
13
2024
Many people choose to purchase investment properties to have a source of passive income, which is a stream of money that someone earns without necessarily being active in the source of the income. This sounds very lucrative, and it...
Feb
14
2024
Credit lines are one of the main financial tools corporations use to manage their business operations. The flexibility and size of a line of credit can make it easy to cover a wide variety of needs, including inventory levels,...
Jan
10
2024
If you want to start a business, one of your first decisions is what corporate structure you will choose. You need to consider whether you will have partners or investors and what industry you plan to compete in. Limited...
Dec
13
2023
If you have owned your business for any length of time, you know there are times when you have reduced cash flows or working capital. During these times, you may have limited options to increase your cash quickly. You...
Nov
15
2023
Business owners like you consistently weigh the advantages and disadvantages of major purchases or projects. You have to balance cash flow, working capital, and how the expenditure will impact your company both positively and negatively. Therefore, these are circumstances...