There is no doubt that one of the most significant challenges facing small business owners at present critically centers on finance. Even though other problems like those bothering on innovation are still persistent, the issue of maintaining adequate cash flow remains a major one for the vast majority of businesses. A small business must strive…
A merchant advance express or merchant cash advance refers to lump sum payment that is provided to a business in barter to a fixed percentage on daily credit card payments. They are short-term financing options for small businesses with terms of 2 years or less. They are not characterized as conventional loans, instead, represent future…
Finance is all about efficient management of your cash reserves – by keeping track of what’s coming in and going out. Business finance is thus the management of money and assets that are integral to any organization. It focuses on increasing profitability and minimizing the financial risks. Thus, the business finance portfolio caters to diverse…
One of the most popular ways through which businesses acquire financing nowadays is through cash advance loans online. There are several reasons why small companies are turning to merchant cash advance and other nontraditional sources of funding. The reasons have so to do with the fact that bank loans are becoming very difficult to obtain…
There are a couple of situations in which a business will need external funding. These situations arise because a vast majority of companies are unable to provide funds required for capital-intensive projects within the business. That being the case, the practice of seeking loans from commercial banks and other lending institutions is something quite reasonable…
In recent times so much has changed in the small business world. One of those changes has occurred in the area of financing. Before now, small business owners, in particular, have had a hard time securing business funding from mainly traditional sources such as commercial banks. This problem has always been seen as a major…
The reluctance on behalf of commercial banks to issue loans to small businesses has led business owners to question whether bank loans are really what they have to depend on in this time and age. This comes at a time when small businesses are still grappling with the effect of the most recent economic downturn,…
Often, a business might be required to make a choice between two financing options. It is important that a business knows exactly where it should turn to for whatever kind of loan that it seeks. And, it is also important the business makes the right decision in this regard as not doing so could come…