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Purchase Order Financing for Small Business Can Promote Growth
Opportunities for business growth such as receiving larger orders or bigger accounts often arrive unexpectedly. If a business owner is caught off guard with insufficient working capital, they...
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Post-COVID Business Diversification – Consider eCommerce Dropshipping
The key for many businesses struggling to survive the economic impact of COVID is business diversification. Self-quarantine and social distancing have caused a major decline in foot traffic for brick...
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Working Capital Shortfall – Why Consider Alternative Funding
Even in the best economic climate, it’s not uncommon for small businesses to experience a working capital shortfall. Traditionally, business owners would turn to the bank they were already doing...
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Confused About PPP Loan Forgiveness? Understanding the Guidelines
Many small businesses have applied and received funding via the Payroll Protection Plan (PPP). As part of the federal stimulus package, PPP loans can potentially be forgiven. However, there are PPP...
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Small Business Grants – Is a Forgiven PPP Loan Taxable?
The PPP (Payroll Protection Program) has helped sustain many small businesses during COVID. It was easily one of the most sought after disaster funding programs. The main reason is that unlike many...
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Small Business Relief – Are You Eligible for a Second PPP Loan?
Many small businesses struggling to survive the ongoing economic crisis drew a sigh of relief when they heard there would be a second round of PPP loans. The Payroll Protection Program reopened for...
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Small Business and Post COVID Success – Financial Liquidity is Key
No one really knows exactly what the post-COVID marketplace is going to be, except that we know it will be different. Many of the changes it has already put into motion were predicted to take place...
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Business Continuity Plan – Protect Your Business Against Crisis
If you had an established business and survived the financial crisis of 2008, you probably already understand the importance of having a business continuity plan. Those business owners without a plan...
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Commercial Finance – Build a Relationship Before You Need Funding
Every business experiences ups and downs, including interruptions to your cash flow. It’s important to make sure you have a safety net when this happens. However, waiting to create a safety net until...
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Small Business Funding – What to do if Your SBA Loan is Denied
Have you applied for an SBA loan and been denied? This can be disappointing, even devastating when in need of small business funding. An SBA loan is considered to be one of the best options for small...
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EIDL Advance Updates – What Small Businesses Need to Know
The EIDL advance is back! This SBA program was established in 2020 to address the economic impact of the COVID pandemic on small businesses. It provided an advance to business owners who applied for an...
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Small Business Recovery Plan – Reimagine How You Do Business
With any type of disaster that impacts the economy, business owners and managers need to have a recovery plan. There have been a variety of federal disaster recovery loans and grants available...
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Small Business Equipment Financing – Avoid the Upfront Expense
There’s no getting around it – buying new equipment can put a serious drain on your working capital. For retailers, restaurants, and many other small businesses, the pandemic and its aftermath have...
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Working Capital Financing – Bridge the Gap with Alternative Funding
It isn’t uncommon for businesses to experience a shortage of working capital, especially in today’s economic environment. Unfortunately, that same environment is making it difficult for businesses to...
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Business Liquidity Risks – Understanding How to Avoid Them
It doesn’t matter if you are a small business or a large corporation, it’s crucial that you constantly monitor your financial situation to ensure liquidity. Of course, it is impossible to be prepared...
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eCommerce Funding – Transitioning into the Online Marketplace
To survive the recent pandemic, many businesses had to rethink how to best serve their customers. Although eCommerce was already on the rise, social distancing and touchless transactions allowed it to...
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PO Financing vs Factoring – Which is Right for Your Business?
Although it has been around for a long time, alternative finance and its numerous options are new to many business owners. It can be confusing, trying to understand how each option works and which is...
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Inventory Financing – Ready to Stock Up for Holiday Sales?
The holiday season is one of the most profitable times of year for retailers. However, when you’re a small business owner, it can be hard to get the inventory and supplies you need to meet the...
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Have a Seasonal Business? Managing Cash Flow in the Off-season
If you have a seasonal business, managing cash flow through the seasonal ups and down can be a bit of a balancing act. You want to invest to make the most of your busy season and still have enough cash...
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Navigating PPP Forgiveness – It Just Got a Little Easier
Nothing about COVID and the economic fallout has been easy. Among those hit the hardest were our small businesses Despite the financial lifeboat that the Payroll Protection Program provided, some of...
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