Business Financing

Invoice Factoring vs. Business Line of Credit

It’s not unusual for small and midsize businesses to experience cash flow problems from time to time. As a matter of fact, many growing businesses encounter financial problems as a result of their fast growth. Often, the only way to improve cash flow and fix the problem is to use financing. Two common financing solutions that help improve […]

Business Lines of Credit for People with Bad Credit

Lines of credit are one of the most flexible tools for financing a business. They can provide funds to buy inventory, pay vendors, and cover other expenses. However, lines of credit are hard to get, even for business owners who have assets and good credit. Trying to get a business line of credit if you have limited assets and […]

What is a Line of Credit Secured by Accounts Receivable?

Having cash flow problems is a common challenge for small and growing companies. These problems can often be solved by improving operations while using the right financing solution. One way to improve your cash flow is to get financing secured by your accounts receivable (A/R). Your A/R can be used as collateral for a number of solutions such […]

Do You Need Collateral for a Line of Credit?

Getting a business line of credit can be a challenge for small business owners. Most lines are difficult to qualify for and have hefty collateral requirements. For many business owners, this challenge represents an obstacle that a few businesses can overcome. From this article you will learn: Why all lines of credit need collateral The truth about […]

The Best Way to Collect Unpaid Invoices

Collecting unpaid invoices is probably one of the most tedious tasks of running a business. Most small and midsize companies handle collections somewhat reluctantly. Everyone hates to do it. Therefore, it’s a task that is done after everything else is done, or if you need money urgently. This mistake is costly. Collections should be seen as the […]

Business Line of Credit Requirements

Business owners who need financing often look for a line of credit. Lines of credit are very flexible and can provide your company with working capital when needed. They can be useful if your revenue is seasonal or if your business is growing quickly and you need money to pay for expenses. Furthermore, lines of credit […]

How Does a Commercial Line of Credit Work?

Commercial lines of credit are one of the most popular and most misunderstood financing products for small businesses. This article helps you understand how a line of credit works and gives you an idea of the qualification requirements. More importantly, it helps you decide if a business line of credit is the right solution for your business. […]

Finding Money to Start a Small Business

Finding the money to start their small businesses is usually one of the first problems that entrepreneurs face. For most people, this process can be hard and very frustrating. What makes this process frustrating is a combination of wrong expectations and looking for money in all the wrong places. This guide lists thirteen sources of small business […]

How to Get Credit from Suppliers

Most established companies get payment terms from suppliers. This arrangement means they can buy goods or services while paying for them on net-30 terms. Clients usually demand terms from suppliers because it improves their cash flow. They get to use the supplier’s services or products for a few weeks before they have to pay for them. […]

How to Finance a Small Business

For small business owners, getting the right financing is often a challenge for a number of reasons. Small businesses seldom have the assets, track record, or management background to qualify for conventional financing. Financial institutions only finance large companies because they are safe investments. But without financing, few small companies can grow. We have created […]