Category: Business Lines of Credit & Business Loans & SBA Loans, Grants & Invoice Factoring Articles & Information

Some small- and medium-sized business owners might be wondering why they would ever need a line of credit for their business. Cash flow is fluid, there’s always more in accounts receivable than accounts payable, revenue is strong, and they’re not having any trouble making ends meet.
While that’s a great situation to be in, things can change quickly. Unexpected expenses can happen. A key employee quits. A natural disaster disables your building or the clients simply start to dry up. Whatever situation applies to you, there comes a time in every business when there’s not enough cash to go around.
It’s for times like these that lines of credit for business were created. Allowing for a kind of liquidity safety net, business lines of credit allow businesses of all sizes to meet their repayment obligations without becoming insolvent in the event of a temporary interruption to their revenue.

It’s important for small business owners to stay ahead of trends concerning payroll financing, emergency business funding and payroll lines of credit options but often, an executive doesn’t always learn […]

Article summary: When a business owner or nonprofit director says I need a small business loan, the worst thing to do is to wait until the last minute. It’s vital […]

You may have heard of a business line of credit and wondered why you’d ever need one. After all, your business is doing well and there is plenty of cash to pay the expenses. You don’t need a loan, right?

The truth is it’s not that simple. Business lines of credit have multiple uses beyond being a source of funds for business owners to pay for large capital expenses. From cash flow flexibility to being an alternative to expensive cash reserves, business lines of credit can come in handy for any small business owner. Read on below to find out how!

When it comes to business expenses you simply can’t come up short on, payroll is the top priority. Unhappy and disgruntled employees can be a nightmare, and rightfully so. But […]