What to Do If a Bank Says No

When operating a small or medium-sized business you are almost certain to fall into periods of shortfalls. Having financing solutions, however, may help you get operating capital or working capital and boost your cash flow too. These include banks and other financial institutions. Getting a loan request declined, however, might put the hopes for your…

10 Tips for Better Business Cash Flow Management

Having a positive working capital is an essential metric that measures your operational liquidity. This is the ability to pay off short-term liabilities such as debtors. Operational liquidity is usually measured in percentage or the ratio of the current liabilities. Cash flow management, however, is not easy. Small and medium-sized businesses SMEs usually find it…

How to Reduce Credit Risk in Your Business

When operating a small or medium-sized business, SME, risks need to be reduced to ensure survival and growth. Handling risks is not easy, however, identifying it and devising ways in which it can be managed may prove to be of benefit in the long run. This is because, small and medium-sized business SMEs, do not…

10 Tips for SME Financing in 2018

When looking for financing options, many small and medium-sized businesses SMEs find themselves with few options. This is because they are often not able to meet the eligibility criteria of most banks and other financial institutions as they lack collateral in form of physical assets and require institutions that are able to meet their dynamic…

Invoice factoring advantages and disadvantages

Invoice factoring is financing that comes from a business selling its accounts receivable to a factoring company or bank, the amount available generally depends upon the invoice volume. Advantages of invoice factoring 1: Planning for growth Many small businesses fond it hard to get traditional bank lending, but invoice factoring makes it less risky not…

How to Pick a Factoring Company for your Business

When running a small business a factoring company may solve most of your working capital needs. This is because small and medium-sized businesses SMEs do not always find banks and other financial institutions offering them financial solutions as they often require the use a lot of paperwork is time-consuming, require physical securities in form of…

A Logbook Loan, Is it worth the risk?

As a business, you might require at one point to use a logbook loan to get some quick cash to solve your immediate needs. This might, however not be a great idea under some certain circumstances. If you do not have a reliable source of income, for example, you probably might not want to consider…