If you own a construction company or other seasonal business, you know it can be tough to get through the slow winter months. The cold weather grounds some businesses until spring, but even retail stores and restaurants experience significant drops as customers hunker down at home after the holiday rush. This slow period would be a […]
For many businesses, the winter months and the holiday season are the slowest times of the year. Retail stores find that they can clear significant profits on Black Friday, but other stores may find that customers are hesitant to spend any more money than they have to. Home improvements, big-ticket purchases, and services are often […]
Businesses that need cash have two options: taking out a loan on their assets or taking out a loan on their credit. But what if a business doesn’t have physical assets or credit for a loan? Many businesses that are just starting out may not be able to apply for traditional loans. Luckily, if they […]
The prudent management of working capital is crucial to a business’s success and growth. Working capital is best defined as the difference between a company’s assets and its debts. Think of it as an important business metric that gauges how financially sound a company is. If debts outweigh assets, a company is in desperate need […]
If you own a business of any sort, you can probably use an influx of cash. You might need this extra money to add inventory, hire employees or to make your store more appealing to your customers. The reasons to secure a considerable amount of cash are seemingly endless. This money is available in the […]
The summer is here, and that means people will be out and about, spending money and enjoying the lovely weather. There is a good chance your business will experience an uptick in activity. If you aren’t prepared for the sales bump, you might lose out on a significant amount of revenue. It is even possible […]
Does your business need a loan? Procuring funding is one of the most challenging aspects of owning a business. When you want to get a loan without giving up your equity, you have limited options. But one of the most versatile and useful options is a collateral only business loan. A collateral only business loan […]
If you own or manage a landscaping business, chances are you will obtain considerable benefits from a working capital loan. Just about every landscaping business can be improved in some manner, whether it is through the addition of new and improved equipment, better transportation, more workforce, new office supplies and so on. Each of these investments […]
If you are in the trucking business, you understand just how challenging it is to build momentum and grow an enterprise. It is not cheap to purchase trucks, perform repairs and acquire the equipment necessary to get the job done. Regardless of your particular financial challenges, a truck loan will provide the financing you need. […]
Many businesses find themselves experiencing a financial shortfall during the winter months. Whether it’s because business is slower during the winter or because the annual budget has been expended, small business owners may find themselves looking for small business loans. And this isn’t necessarily a problem — unless a business owner procrastinates. Failure to procure […]
