It's no secret that Covid-19 is affecting businesses and ravaging economies worldwide. The virus has brought many commerce activities to a standstill. Big businesses and Small and Medium Enterprises (SME) alike are bearing the brunt of this virus, and there’s a growing fear that the global economy may suffer a downturn - the likes of which have never been experienced … [Read more...] about Reliefs and Financing for SMEs amidst Covid-19
Working Capital
Has Your Bank Loan Been Rejected? Try P2P Business Funding
It can be challenging for entrepreneurs to get a small business loan approved by the bank. Often, it involves a lot of red tape, strict credit score criteria and a process that takes up a lot of time and energy. If you’ve recently been rejected by the bank, a different type of lending might offer a more practical solution. P2P platforms offer quick and … [Read more...] about Has Your Bank Loan Been Rejected? Try P2P Business Funding
How to Calculate your Business Working Capital Effectively and Efficiently
Considering the significant role that working capital plays in the functioning of an organization, it is essential to have an in-depth idea about arranging for working capital finance. From the starting of every business, it becomes necessary to deal with the working capital so that in future you do not have to arrange funds or financing solutions for your business, once it … [Read more...] about How to Calculate your Business Working Capital Effectively and Efficiently
Gold: Another Source of Cash for Entrepreneurs
Considering the volatile situation of stocks and high markups on bank loans, you might be searching for a third, safer, prompter source of cash. Heck, most of you might have closed in on ‘cash for gold’ as an alternate source of quick money. Yes, they do offer cash quickly and with a little research you can get a pretty good deal out of them, but they do come with their own … [Read more...] about Gold: Another Source of Cash for Entrepreneurs
How a Merchant Cash Advance Can Help Your Small Business
The tight lending market has spurred demand for alternative sources of financing for small businesses. One potential source of funds is the merchant cash advance. How Merchant Cash Advances Work Small businesses looking for quick access to capital can use merchant cash advance services. Cash advance providers offer businesses upfront and lump sums of money in exchange for a … [Read more...] about How a Merchant Cash Advance Can Help Your Small Business
Future Credit Card Sales: Small Business Financing Alternative
While being your own boss and owning your own company has many advantages and benefits, there are many challenges that you face as a small business owner. One of those challenges involves meeting the cash requirements of operating your business. Getting the money to start your business was challenging enough, getting additional cash once your business has been started … [Read more...] about Future Credit Card Sales: Small Business Financing Alternative
Increase Your Business Growth and Cash Flow Through Equipment Leasing
"If it can be manufactured, it can be leased." For the past decade or so, this statement has become more and more true to fact. From computer software to commercial aircraft, equipment leases are utilized day in and day out in a constantly changing and highly aggressive business environment worldwide. To gain or to keep the edge over their competitors, companies of every type … [Read more...] about Increase Your Business Growth and Cash Flow Through Equipment Leasing
Four Tools to Increase Cash Flow
For small business owners, an enthusiastic vision for smooth, steady growth can become nothing more than a mirage once company cash flow problems begin to heat up. Most will struggle with the timing of payment from clients or customers at some point, all while attempting to pay their own bills in a timely fashion. With all of the best laid plans for rapid flowing cash streams … [Read more...] about Four Tools to Increase Cash Flow
Working Capital is Paramount to Businesses Livelihood
All of the planning in the world is an exercise in futility without the working capital to successfully carry out the plan. If a business sells to customers on terms, then working capital availability is dependent on cash flow timing. In most instances a business will incur a cash flow gap between the time cash is required for inventory, payroll and operating expenses, and the … [Read more...] about Working Capital is Paramount to Businesses Livelihood
