If you are in the construction industry, you know large projects typically need huge amounts of money. Financial constraints have made many talented contractors stay away from these projects. Fortunately, you can use various financing options to fund these projects. Here is...
Manufacturing is the backbone of the economy, but it can be a difficult field to enter. If you want to start a business as a manufacturer, you may need to jump through a few hoops that founders in other industries do not....
Owning a small business can be equal parts exciting and terrifying. While you might love the feeling of being your own boss, there is a sense of uncertainty that comes along with the territory. When your company runs into...
If you’re interested in becoming an entrepreneur, there are several paths you can explore. One of the more interesting options for many first-time investors is real estate. Putting money into a property is a great way to increase your assets and see...
At some point in your business life cycle, you may need to invest in expensive equipment to serve your clients better. If you are at that point and you don’t have enough money for equipment, you should consider equipment financing. This financing...
Your credit score dictates most of the financial decisions you make in your life. Whether you are looking to take out a loan for a car or you need a mortgage for your first home, the rating assigned to you by...
At first glance, purchase order financing and accounts receivable financing seem almost identical. They both are used primarily when a business is struggling with cash flow or needs money now. Additionally, they involve getting an advance on future income. However, there are...
The business world never stops. The constant ebb and flow of the industry make it easy for business owners of all experience levels to feel overwhelmed. When your access to available capital is impeded for one reason or another,...
If your business needs more cash than you can generate, you might need to take a business loan. However, you need to be well-informed about loans. Debt structure and payment schedule often depend on your credit history, the lender, and your relationship...
Invoice factoring, also called accounts receivable financing, is one of the oldest forms of commercial lending. In the ancient world, it was used by merchants and factors to help pay for expeditions. The longevity of this type of lending is a testament...