As the saying goes, you have to spend money to make money. When starting or scaling a business, you’ll need to invest in certain assets, like inventory, space or employees, before you start making a profit. But, before you begin putting money toward equipment, supplies or other needed purchases, it’s critical to understand your current financial […]
Category: Finance & Lending
Financing and lending are key to starting and growing a small business — whether it’s a construction company, a women-owned business, or a mom and pop shop. Get valuable information on small business financing, from loans to budget forecasting, and learn how to make it work for your business.
Small business loans are a versatile and powerful tool for many different types of organizations to draw on as they stabilize, secure and grow operations. There are many different applications for a small business loan, from industry-specific uses to very broad ones. Here’s a review of some the most common and useful ways small business […]
Businesses strive to be different from one another. Whether its your products, your customer service or your convenience, you have at least one feature that’s your differentiator. But no matter how hard you try, there’ll always be one thing every business has in common: A need for money. Cash is the lifeblood that powers your […]
Understanding how a business credit score works is essential to managing your company’s finances.
Knowing how to identify the right time for a fresh injection of capital is key to business longevity.
Successfully growing a construction firm involves a multi-faceted approach that includes techniques like upgrading technology, boosting working capital, hiring better workers or leasing equipment.
Without accurately budget forecasting, construction firms can find their company with a serious problems with cash flow.
Construction firms can save money and prepare for the busy summer months or the slow winter months with a working capital loan and/or by leasing their equipment.
As more women-owned businesses are being formed, female executives are not taking advantage of alternative lending as a potential source of funding.
Despite the lack of approval rates for small business loans at big banks, small-business owners remain in the dark about their alternative funding options.
Using the six “C’s” of credit analysis as a guide for when they apply for a loan, small-business owners can greatly increase their chances of finding success.
Although confidence and overall business volume both decreased slightly, the equipment financing and leasing industry is in solid shape heading in the fourth quarter.