Use Equipment Equity for Working Capital

Use Equipment Equity for Working Capital

Ironically, as the economy improves and contractors experience an upward spike in work, they can get caught in a pinch. Increased payroll, an expanded rental fleet, larger material purchases, etc. can put an initial strain on a business’ cash flow as receivables...
FinTech or Human?

FinTech or Human?

The most significant disruptor, or innovation – depending on your perspective , in the last decade or more in small business lending is FinTech (Financial Technology). It has led to some of the most drastic changes ever seen in the small business borrowing...
Did You Kill Your Credit?

Did You Kill Your Credit?

Everyone is aware that not paying your bills on time damages your credit rating and makes borrowing more difficult. Few people are aware that certain credit misbehavior damages your credit at an accelerated rate, eventually leading to the inability to borrow any...
5 Tips for Acquiring Business Loans

5 Tips for Acquiring Business Loans

When you need to borrow money for your business, where do you start? One of the keys to a successful search and completion of a business loan is preparation. Here are 5 things you must do to ensure success: Specifically define your objective. Do you need money for new...
How does Trade Cycle Financing help Cash Flow?

How does Trade Cycle Financing help Cash Flow?

One of the most important aspects of financial management for any business is cash flow. Proper cash flow management insures that your business remains healthy and profitable. Cash flow mismanagement can spell doom, even if overall revenue is robust. There are three...