A small business line of credit is a crucial financial resource that offers flexibility and allows easy access to funds when required. Efficiently overseeing your credit line is essential to prevent financial setbacks and optimize its advantages for your organization. In this blog post, we explore tips to help you effectively manage and maximize the […]
Business Loan Issues
Banks are Pulling Back on Loans. Small Businesses are Looking Elsewhere.
2 years ago
In today’s blog, we want to discuss a worrying development that has recently been in the news: banks pulling out of the small business lending market. This change has a significant impact, so small businesses must understand their options and adjust to the new financial environment. Banks are clamping back on small business loans, according […]
The Rise in Institutional and Alternative Lenders
2 years ago
The business lending world has seen a significant shift in recent years, with more and more small businesses turning to alternative lenders and institutional investors for funding. According to a recent Forbes article, small business loan approval rates from traditional lenders remain sluggish while alternative and institutional lenders are gaining popularity. How The Source Of […]
Understanding The Decline In Bank Loans To Businesses
2 years ago
The decline in bank loans to businesses is not a new trend. Not all business owners realize this, but they are increasingly less likely to receive business loans from financial institutions. In fact, bank loans to businesses have been declining since the 1980s. According to the Bank Policy Institute, “Since the 1980s, the decline in […]
The Advantages of Factoring Over a Bank Loan
2 years ago
.The advantages of factoring over a bank loan can help your small business stay afloat by allowing you to access payments from your clients instead of relying on financial institutions. In an environment with greater competition, businesses need all the help they can get. With this article, we will explain in detail why invoice factoring […]
Does your financial performance fall outside your lender’s risk profile?
3 years ago
When your financial performance falls outside your lender’s risk profile, you may have cash flow issues. Cash flow is essential to the health of any business. Yet, as many small business owners know, cash flow problems are all too common. Most businesses try to mitigate these shortfalls by applying for loans from banks and other […]