Tag: loans

Is There a Small Business Vaccine?

Many folks have their hopes resting in a vaccine in order for life to return to normal. Unfortunately, the situation is a bit more complicated than that. Even with a vaccine, small businesses have been closing left and right. Many small business owners don’t know how…

What to Do if You Cannot Repay a PPP Loan?

The Paycheck Protection Program is aimed at keeping small businesses and nonprofits afloat during harsh economic times caused by COVID-19. The main selling point of this program is that the loan is up to 100% forgivable. The downsides, however, is that many business owners will have…

Loan Image

How to Find a Long-Term Business Financing Strategy

When you run your own business, it’s crucial to keep the future in mind. You will need tools like cash flow forecasts and financial statements in order to monitor the financial health of your business. There are third party services you can use like an accounting…

how to factor invoices

What Happens if You Breach Your Banking Covenants?

You may remember the covenants you signed up for along with your bank loan or line of credit. They are the guidelines or what you do or don’t do in order to maintain good status on your loan, and they are created based on the financials…

Predatory Lending During a Global Crisis

If your inbox is anything like ours, you are probably receiving updates from any business partner you have ever worked with. These updates are saying things like “we are still open during this crisis” or “we hope you stay healthy” or “please reach out if there…

working capital management

What is Working Capital?

Working capital is the lifeblood of small businesses. You may be making sales and growing revenue, but how does that translate into profit? This is where your working capital and ability to grow without cash flow problems can translate to profit. Having more liabilities than assets…

Loan Image

Pros and Cons of Working Capital Loans for Small Businesses

Working capital loans in Kennesaw, GA, allow your company to have the cash flow it needs for staff, inventory, growth, and other business expenses. This short-term loan is usually very beneficial, but as with any loan, it’s important to know the benefits as well as some…

factoring loans

What Is A Factoring Loan?

You run your own business. You recognize the importance of working capital, and you want your financing strategies to improve your working capital management. You may have shopped around for working capital financing. Online loans, bank loans, MCA loans, and equity-based funding are all looking appealing,…

receivables funding

The Difference Between Receivables Funding And Working Capital Loans

A small business needs constant cash flow to stay healthy and accomplish its business goals. A business needs money to expand, extend credit to its major customers, make payroll, and meet unanticipated demands. Your company’s cash conversion cycle may mean that money is not always readily…