All too often, entrepreneurs experience growing pains with their new business. In the early stages of a business, cash flow issues are common by delayed accounts receivable or not enough clients. Having working capital can help your company achieve financial stability and also achieve your business expansion. Can My Business be Qualified for a Business […]
Finance Products for Business Owners
Is Turning Your Accounts Receivable Into Cash Right for Your Business?
When banks turn you down for a bankable business loan, what are you going to do? Utilize accounts receivable financing, a practical approach of getting cash fast. Factoring is the process of selling outstanding receivables to a financial institution. The average amount financed against your outstanding invoices aka (invoice factoring) is approximately 60 to 85 […]
When You Can’t Get a Business Loan at Your Local Bank
Your credit maybe satisfactory and not impeccable, you need a business line of credit for working capital or expansion but you get declined by your local bank because of their small business underwriting guidelines. Fix or fine tune your personal credit and business credit before or after you obtained alternative business loan. Make credit restoration […]
Bankruptcy “Cram Downs” for Commercial and Residential Loans
The concept of Personal Bankruptcy “Cram Downs” was established in the “Helping Families Save Their Homes Act ” in 2009. The Helping Families Save Their Homes Act allow bankruptcy judges to “cram down” the second mortgage on investment properties, second homes and also modifying the first mortgage. Contrary to the rule, judges in California, Texas […]
Optimizing Your Business Growth with Asset-Based Financing
Asset-based financing is a method for fast growing, money-strapped companies to assemble their short-term cash needs. Overall, companies can pledge their tangible assets to generate cash flow through an asset-based loan. The fundamentals of an asset based line of credit for your business is using all the assets on your company’s balance sheet; receivables, machinery, […]
How to Avoid Business Identity Theft
Business identity theft is worse than individual identity theft. Why? Because the business (the victim) to consumer (the other victim of the crime) relationship will be very unsettling. The internet is a simple accessibility to computer crimes. Computer Criminals have the intent to take away your good name, such as your logo, your contacts, and […]