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Kelly Elson

working capital funding solution

Invoice Factoring: A Working Capital Funding Solution for Small Businesses

Small businesses are the backbone of our economy, but many face significant challenges when it comes to managing their working capital. Insufficient working capital can hamper growth, limit opportunities, and even jeopardize the survival of a business. While traditional working capital funding solutions like bank loans may seem elusive for small businesses, there is a …

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Money

Small Business Bank Loan Qualification Criteria

Small businesses often require funding to finance their operations, expand their services, or invest in new ventures. While there are several financing options available, a bank loan is a popular choice among small business owners. However, to secure a small business bank loan, there are several qualification criteria that businesses must meet. In this article, …

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importance of cash flow

What is the importance of cash flow to small business?

Cash flow is the lifeblood of any business, and for small business owners, it can mean the difference between success and failure. According to a study by U.S. Bank, 82% of small businesses fail because of cash flow problems. This means that tracking and managing cash flow is absolutely essential for small business owners. Let’s …

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