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. […]
The economy usually slows down in the winter months after the holidays have come and gone. People start spending more time indoors when the temperatures dip down toward the freezing mark. As a result, less money is spent and businesses of all types suffer. If the winter blues are bringing down your business, consider an […]
Start planning now for the spring with a working capital cash infusion. For many businesses, spring is the busiest time of year. Not only are new business initiatives in full swing, but many businesses experience a boom after the lazier winter months. If you need to make up for a winter shortfall or simply fund […]
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 […]
Whether you’re trying to expand or simply support your current client base, your business needs equipment. But not all businesses are in the position to invest money in purchasing new property. Instead of purchasing equipment brand new, you may want to consider either leasing or financing. Either can be achieved without having to tap out […]
Single invoice factoring might sound like an intimidating term, but it isn’t as complex as you think. Factoring is best defined as asset-oriented financing that empowers businesses to obtain the working capital required to operate their business. Yet the vast majority of financing companies responsible for factoring invoices use long-term contractual agreements in which firms are […]
If you’re a small business owner, you may want to think about procuring financing now. Small-to-medium businesses often find themselves looking for last minute funding during the holiday season. And while last minute lending can provide a much needed cash infusion, they can be more expensive than financing that was initially planned and budgeted for. Additional Year-End […]
Changes in working capital are quite common in the business world. Such a change is best defined as the alteration to net working capital between accounting cycles. Net working capital is equal to the difference between existing assets and existing liabilities. Every business manager is intent on minimizing upward alterations to working capital in order […]
So you started a transportation business. Things are going well, but you can tell you need a little extra something to really help the business take off. What you need is working capital. Working capital is the bread and butter of any business — it’s the cash you have on hand for your day-to-day operations. […]
As a business owner, you know how important it is to have the right equipment and a well-trained staff on hand. The problem is it can be difficult to afford the best of the best when you’re just getting started or when the season begins to slow. So how do you keep yourself afloat? The […]
