Factoring, also called accounts receivable financing, is one of the oldest forms of financing in the world. In antiquity, lenders would offer money to merchants to help them fund their voyages. It continues to play an important role in...
Your business needs equipment to operate. Regardless of what industry your company is part of, you will need to purchase and update equipment as part of your company operations. Equipment leasing offers a flexible option if you require the...
If you dream of starting a business but don't know where to begin, answering these questions will help you determine how to proceed. How Can You Help? Having a great business idea does not necessarily make it useful to others. Your...
If you are interested in investing in commercial real estate, you may be looking into financing options. The bad news is that many lenders are more hesitant to lend for commercial properties. However, the good news is that there...
If you’re a medical professional hoping to open your own practice, there’s a lot to consider. For example, you need to either purchase or rent space where you can set up your office. You also need to pay employees...
All startups demand financial support. The challenge of acquiring capital, however, can be steep, especially for those fresh out of business school without a track record of accomplishments they can reference. How does one obtain monetary resources when the...
Small businesses play a key role in the economy. So, the government has created several programs to help people apply for small business loans. These programs can offer millions of dollars in some cases. However, they have often been...
When you are running a business, cash flow is perhaps your most important concern. If you don’t have the money to cover your short-term expenses, you are heading for trouble. Even profitable businesses can struggle with poor cash flow...
Even if you maybe haven’t heard the exact term before, working capital is one of the foundational aspects of a well-run business. Having enough capital means you’re liquid enough to cover ongoing expenses associated with your company, and it...
Nobody opens a small business because of his or her passion for economics. It’s a love for whatever is being sold that pushes an entrepreneur to create a company. Subsequently, the details of money management sometimes fall by the...