Month: August 2016

In recent years, the lending requirements of banks and credit unions have gotten a lot tougher for many small businesses to meet. While the small business loan was once the go-to source for small businesses to obtain working capital, that’s no longer the case. The banks and credit unions began focusing on loans larger than […]

At some point in time, almost all small businesses access their short term assets and short term financing to conduct daily business. This controlling and overseeing of these assets and liabilities are defined as working capital management and is an essential part of the financial management of the business. Working capital is calculated by subtracting […]