Even the most thriving companies can have difficulties with customers paying their bills on time. Sometimes extended payment terms are the compromise you need to make for getting that extra business from a client, even at a difficult cost on your business operations.
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.
It’s been nearly two months since Hurricane Sandy blew through the East Coast leaving damage and devastation in her wake. And yet, it seems our attention span is much like Mother Nature herself, present one minute and gone the next. We may not hear about the destruction every time we turn on the nightly news, […]
Hospitals, medical facilities and Doctors offices are full of complex equipment. This equipment does more than keep their operation running smoothly; it saves lives. In this economy, the financial downturn is affecting everyone, including medical staff and administration. They’re outsourcing the supply requests to medical supply companies all over the country. While this opportunity is […]
Depending on the experts you ask, the real estate market is either improving or declining. In a variable market like the one we’re facing today, is there anything in property management you can count on? The answer to that question is the same as it’s always been: change. The problem is no one can tell […]
Some might say that the auto industry and the business line of credit are a perfect match. Why? Two words: logistics management. The trucking and auto repair industries have one thing in common; they must always be ready with a supply to meet the demand for service. Whether that means supporting a large scale transport […]
Community businesses like Burch’s Hardware in Minneapolis, Minnesota stand as an example of the changing times. The store, which had been an Uptown staple for 80 years, has closed. It’s not the first victim of the recession, nor will it be the last. We’ve all seen the “store closing” or “going out of business” signs […]
Unsecured business loans are gaining popularity with start-up companies and established businesses alike. Small business owners are coming to the table with enthusiasm, goals of all shapes and sizes, and questions about how to reach fiscal sustainability. One of the most common queries is who qualifies for unsecured loans? This article will give […]
The world of unsecured financing holds a lot of possibilities for business owners who are looking for a foothold in a tough economy. Unfortunately, there is also an unsavory side to lending that borrowers can fall victim to if they are not careful when applying for funds. This article will outline the warning signs borrowers […]