The US Small Business Administration is a federal entity whose mandate is to help small and medium businesses in the US grow and succeed. The SBA describes a small business as one that employs up to 500 people. This is a broad cover, which allows a large percentage of...
Every business needs some relief once in a while when the cash flow is poor. Quick and regular access to credit cash is often the best way to ease a cash crunch. Business revolving lines of credit are credit facilities that are set up by lenders for regular customers....
The most common loans for small and medium business have been short-term loans. This is not surprising since many small and medium business owners assume that they will not get approval for long-term loans. There is some truth to this since many lenders are unwilling...
Any business needs cash to run. In simple words, cash flow shows the amount of money coming in (cash inflows) and money going out (cash outflows). The funny thing is that a business can have great profits but become cash poor or what is called a negative cash flow. A...
Running a business is no joke. We understand the passion and commitment that’s required to successfully run a business. As a business owner, the last thing you need is to be left without the capital for the vital resources needed for the success of your business....