Women’s History Month is a time to celebrate the incredible achievements of women throughout history while reflecting on how we can support and empower women today. The financial sector, once a male-dominated arena, has seen groundbreaking contributions from women who shattered glass ceilings and paved the way for future generations. Let’s spotlight three trailblazers who […]
business financing
Tips for Business Growth Management
As your business grows, you might find yourself facing new business challenges. A good business growth management strategy can help you manage rapid changes and ensure your business is a success. Here are some tips for business growth management. Create a Growth Plan What are your business objectives now that your business has grown? It’s […]
How businesses can use factoring to fuel growth
Businesses can use factoring to fuel growth. As a small business owner, you probably already understand the benefits of invoice factoring when it comes to easing your cash flow. But factoring is more than just a temporary financial stopgap. Careful use of invoice factoring can actually help you fuel the growth of your business. Better […]
Handling cash flow issues with invoice factoring
You may well have a good, long-term relationship with a financial institution. And perhaps this relationship has given you a good line of credit to drive your business growth for several years. However, there may still come a time when you might outgrow your current credit facility. When that happens, you could seek out another […]
5 Tips to Help Improve Cash Flow
Maintaining a healthy cash flow is one of the most important things you can do as a business owner. However, we know it isn’t always that easy, so here are five tips to improve your cash flow. Through a combination of the careful management of your accounts and control of your payment terms, you can […]
Unsecured vs. Secured Debts: What’s the Difference?
Loans generally fall into two different categories: unsecured debt and secured debt. What is the difference between the two? And, what are the implications for the borrowers and lenders when it comes to non-payment? Know the difference between secured vs unsecured debts. Unsecured debt Unsecured debts are different from secured debts. Lenders grant unsecured debt […]
How to improve banks profitability through the management of NPAs (non-performing assets)
Non-performing assets (NPAs) are among the leading causes of declining profitability in banks. You can improve a bank’s profitability through the management of NPAs. Effective management of NPAs is essential in keeping a bank or other lending institution operational. The management of existing NPAs can be difficult and may often lead to debt collection measures […]
How to Qualify for Emergency Business Funding
Every entrepreneur knows that dealing with unforeseen problems is a natural part of running a business. Inevitably, the need for emergency business funding is bound to arise at some point. You, as a business owner, will need a convenient, short-term solution to provide enough liquidity to get you over the hump. That is why you […]