Most small businesses need some form of debt to function efficiently (with a few exceptions, such as venture-backed software companies.) Proper levels of debt not only improve company...
It is very common for a small business to need an infusion of capital at some stage of development. Other than wealthy family members and friends, how do...
In the lending industry, an asset-based loan (ABL) or line of credit is secured by certain types of collateral. These types of loans are frequently used by small...
Most small businesses will, at some point, take out a business loan to help finance their growth. Especially during times of economic uncertainty, you may have trouble keeping...
A business turnaround is the process of executing survival measures, identifying strategic improvements, executing corrections, and moving back into a growth trajectory. If your small business is facing...
Energize Colorado announced a limited supply Gap fund, offering $20,000 grants and $15,000 loans to Colorado small businesses adversely affected by Covid-19. The loan fund will prioritize issuance...
Business cash flow is complex. If you have gotten your MBA, you know a business can be profitable but cash flow negative. A business can also be unprofitable...
As the person in charge of your company’s financial health, the chief financial officer (CFO) is vitally important. But how can you measure their effectiveness? In this article,...
My bank recently told me they were transferring my loan account to their “Special Assets” group. My friend told me that this means I am in “work out”,...