All of our blogs up until now have been about money and financing but this one is a bit different. Social capital is “the networks of relationships among people who live and work in a particular society, enabling that society to function effectively”. https://en.wikipedia.org/wiki/Social_capital Because of our involvement in our local community and in the[…]
You have probably heard the term but do you know what it really means? A bridge loan is a short term loan that allows you to cover purchases, payroll, inventory, expenses or other costs while you wait for longer term financing or revenue. For example, you are buying a new dump truck for your construction[…]
If you are like many businesses, you need to purchase materials and products to fill orders and serve clients. Unfortunately (as many applicants on Shark Tank say), it can be hard to pay for the materials needed to fill a large order until you have received payment for the large order. So what can you[…]
You visited your business bank and applied for a corporate loan. After supplying the paperwork they requested, and patiently waiting, they turned you down. So are you out of luck? Not necessarily! There are many funding options available from short-term, high-interest loans to longer-term, lower-interest loans, AR Financing, Merchant Cash Advances and other alternatives. If[…]
Running a business requires a lot of effort. It also requires a lot of money. In order to meet the financial demands placed on your business by the expenses involved with running it, you absolutely need access to working capital. Unfortunately, there are a number of factors that can slow or completely diminish your capital.[…]
It’s not uncommon for businesses to face cash flow problems. Unfortunately, not every business owner can qualify for a traditional business loan. If you’re dealing with cash flow issues and have customers that are slow to pay their invoices, factoring can provide a solution. What Is It? Factoring (or invoice factoring) offers an alternative to[…]
Leadership is a necessary character trait of any successful captain, however, this is not a lesson often offered in the curriculum at school. Successful executives who emanate leadership are so much more than their ability to make influential decisions and direct team meetings, but it took them time to embody a positive and benevolent leader.[…]
Although most corporations tend to lease their buildings, there are situations when buying a commercial property could be an excellent investment for your small business. Prime Small Business Candidates for CRE When purchasing commercial real estate (CRE) for your business, the following criteria could determine if it is logical and if your company is eligible[…]
Buying real estate can be a great move for your future. Whether you are looking into commercial or residential properties, you can use this investment to boost your income and take advantage of new opportunities. Of course, you first need to think about how you are going to finance the investment. There are a number[…]
There is often more to a workplace than the jobs that people do there. While it may not be the first thing you think of when it comes to having a productive and well functioning work environment, overall employee morale can have a significant impact on the success of a company in many ways. Here[…]
