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

It’s every business owner’s nightmare. It’s payday and you’re financially tapped. You know that there are huge penalties, fines, and other repercussions for failing to pay your employees on time but you just don’t have the payroll funding you need to pay your people.

Luckily, there are funding options to get you out of this predicament. Better yet, there are ways to ensure that you don’t fall into this trap in the first place. Keep reading to get our best tips on how to ensure you stay solvent and liquid, even in the leanest times.

Working capital demand loans provide dynamic businesses with the financial flexibility they need to succeed. A useful alternative to large cash reserves, secured lines of credit, or traditional loans, working capital demand loans allow small and medium-sized businesses to meet their regular capital obligations while freeing up more cash to put to productive use.

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 […]