Through the ups and downs of the U.S. economy in the last few years, lending practices have changed across the board as investors have become far more particular about who they loan money too. One positive trend has been seen in small businesses, as more and more small business owners obtain carefully planned loans in […]
The implementation of the Affordable Care Act has put a spotlight on the insurance and medical industries as a whole, giving new emphasis to the many areas of care that lie under the broad category. Pharmacies and medical equipment companies are two types of companies that are often overlooked, but will have the potential to […]
Owning a restaurant is an exercise in problem solving and overcoming challenges. The majority of restaurants fail by year three. Quite simply, it is a tough business to launch and sustain. The good news is there’s a light at the end of this entrepreneurial tunnel.
More than just the initial investment or a lump sum for specific purposes, many small to medium sized businesses can benefit from extra working capital. But what if all your funds are tied up in equipment, designated for rent, or otherwise inaccessible? Especially in the early years of operation, this is a common problem that […]
In the early years of business, a company’s greatest difficulty is sometimes access to working capital. Even a successful business may find that the initial costs for a business are too great to leave much room for growth, keeping them small for longer than their potential recommends. Without the good credit that only comes after […]
Starting a small business is a gamble on many levels. If you survived the start-up phase, you passed “level one.” By the time businesses get to this point, certain questions usually enter the conversation. One question we hear frequently is: why is small business factoring a good idea so soon after establishing my company? This […]
The public perception of equipment leasing and finance is that it begins with finding hot leads. Leads definitely come into the mix, but people who are not industry insiders typically miss the first step of this crucial process: acquiring the funding to secure and bid on equipment and contracts.
To understand the niche market of small business financing you must first gain an appreciation for flexible factoring. Flexible factoring starts with defining the basic concept. Credit card factoring is similar to a merchant cash advance. In fact, the two terms are often used interchangeably. Both of these financial options are a form of credit […]
Can anyone name a business that requires $100,000 in upfront capital even though it’s not a start-up? One of the biggest contenders in this category is landscape contracting. The reason is partially due to the seasonal nature of the work and partially due to the cost of supplies for any given job.