You’re looking forward to feeding your community healthy, locally grown food from your own property for seasons to come. You’re in good company, too. Research shows that more than a couple of million farms exist across the United States. Still, ranchers and farmers make up only 1.3% of today’s labor force. The problem is that…
Are you determined to take your business to the next level in 2023 — perhaps by bringing in more equipment and even hiring more workers? That means you need money. And fast. Fortunately, that’s where business loans can come into play. Research shows that loans for small businesses average between $5,000 and $200,000, with the…
Holidays. It can be a great time of year to get the family together. However, it is also an expensive time of year for consumers and businesses alike. Altogether, Americans spend over $1 trillion during the holiday season. With such high demand during this time of year, businesses need to ensure they have the supplies…
For small businesses, funding is essential. But what do you do when the funding is a bit lacking? You get a loan, of course.However, there are many different kinds of loans to choose from.One inventory financing loan, known as a merchant cash advance, could help you keep your business on track. What Is Inventory Financing?…
Today, running a business requires that you have products or services available to fulfill customer orders. However, managing cash flow and capital can be challenging if you are waiting on payment for outstanding invoices and have new orders that need to be fulfilled. One way to manage cash flow is through invoice financing. Essentially, you…
Your business relies on cash flow to keep the doors open, but cash flow is not always consistent from one month to another. For business owners, that means finding ways to manage their cash flow, which includes working capital financing. But there are other options available, such as vendor financing. Let’s explore what it is…
For many businesses, having access to working capital is key to being able to manage overhead, as well as being able to have the funds available when growth opportunities present themselves. One of the options for financing is a line of credit, which can provide ongoing funds instead of just a one-time loan. Here is…
Every business has opportunities to grow and build its clientele. Often, that requires an investment of capital, but having access to that necessary capital means finding the right sources to fit the needs of your business. One such option is a short-term inventory loan. Here is a guide to a short-term inventory loan and how…
Small Business owners rely heavily on local customers as an economic driver, but to be successful in a hypercompetitive markets throughout the country, your Small Business must have adequate cash flow, both for your current overhead expenses and future growth. Whether you need a working capital loan to purchase inventory, leverage unexpected business opportunities, cover…
Unlike a traditional small business loan, a merchant cash advance is NOT a loan. The basis for a merchant cash advance is the future receivables from a business owner who accepts credit cards or has other payment receivables that flow into the merchant’s account or accounts. Typically a small business can apply for and have…