Category: Direct Business Lending

If you had an established business and survived the financial crisis of 2008, you probably already understand the importance of having a business continuity plan. Those business owners without a plan in 2020 are currently struggling to ride out the economic crisis caused by the COVID pandemic. They are now realizing the importance of having […]

Even in the best economic climate, it’s not uncommon for small businesses to experience a working capital shortfall. Traditionally, business owners would turn to the bank they were already doing business with to apply for a loan. Much like during the financial crisis of 2008, banks have severely upped the requirements for loan approvals. This […]

It’s no secret that after the financial crisis of 2008, banks were more stringent in screening a business loan applicant. Fewer business loans were approved, especially small loans, as they are less profitable.  This caused small business owners to turn to direct lenders, also known as alternative financing companies, for the funding they needed. What […]

Working capital is a term that directly refers to a company’s ability to pay off short-term debts and sustain business-as-usual operations on a daily basis. It’s important to understand the fundamentals of working capital needs as it relates to your own business. Working capital can tell you a lot about business efficiency, productivity, and management. […]