What you Need to Know About SBA Loans

What you Need to Know About SBA Loans

Some business owners make the mistake of venturing into entrepreneurship by assessing and understanding various forms of funding. This often results in poor financial decisions and the closure of small businesses. To avoid making such blunders, it is crucial to know...
Best Way to Build your Business Credit

Best Way to Build your Business Credit

Running a successful business requires good credit scores. Therefore, new business owners are encouraged to build credit from the start to secure financing. However, building a good credit score is no walk in the park. Below are tips on how to build your business...
Trade Credit Defined

Trade Credit Defined

Trade credit is a form of short-term financing offered by the seller of a product to a business that plans to resell the product. Research indicates that around 60% of small businesses use this type of financing. What is Trade Credit? In recent years, trade credit has...
Bridge the Gap with this Type of Financing

Bridge the Gap with this Type of Financing

If you are moving into a new home, a bridge loan can give you the cash you need to make the transition easier. A bridge loan solves the financing issues that come up if a homeowner wants to purchase a new home before they sell their current one. It’s important to have...
Boost Revenue with Freight Factoring

Boost Revenue with Freight Factoring

In case you didn’t know, there’s a lot more to running a modern freight company than typical owner or manager duties. You must also be your HR department, marketing department, and accountant. Freight factoring also referred to as load factoring, can make the...
Purchasing an Existing Business: The Pros and Cons

Purchasing an Existing Business: The Pros and Cons

Building a business from the ground up can be rewarding- but it’s also a lot of work. The entrepreneurial life isn’t for everyone- so instead of starting your own business, you might want to consider purchasing an existing one. This will help you avoid the difficult...

How to Increase Your Cash Flow in 2022

There are lots of ways that you can determine the health of a business- but few are as indicative of success/failure as cash flow, that is the amount of cash going into and out of a business. Positive cash flow is critical for growth- but how can you increase your...