3 Steps Every Banker Agrees You Need to Take Once Your Small Business Loan is Approved

October 21, 2019

Another informal survey where bankers discuss what they wished every client would do with their newly approved small business loan.

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Accounts Receivable Turnover and Its Impact on Cash Flow

September 25, 2019

One of the many useful metrics in tracking your financials that many small businesses may not have a handle on is your Accounts Receivable Turnover. Simply put, Accounts Receivable Turnover is the ratio of net credit sales over average accounts receivable in a given period: a measure of how effective your business is at extending trade credit and collecting that debt from customers.

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Banker Survey: What’s Holding Up Your Small Business Loan?

September 13, 2019

We recently spoke with many small business bankers throughout the Southeast in an informal survey on the challenges facing small business owners in getting the financing they need—and what they can do to overcome them.

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How to Make the Most of Your Small Business Relationships

August 19, 2019

Who are your trusted advisors for your small business? If that’s not a question you can answer immediately, then you may not be taking full advantage of valuable resources available to you.

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4 Things You Didn’t Know Your Business Budget Report Could Do

July 25, 2019

Your small business budget shouldn't just be something you do because your banker requires it. A properly created budget can be an integral tool to make sure you're meeting your goals or helping you understand why you are not.

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Asset-Based Lending: The Cost of Capital v. Opportunity Cost

May 20, 2019

Asset-Based Lending: The Cost of Capital v. Opportunity Cost In the world of Asset-Based Lending (“ABL”), Accounts Receivable Financing and Factoring, many times the first objection we hear from a potential prospect is, “I can’t afford alternative financing because it’s too expensive.”

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Payroll Funding for Temporary Staffing Companies

April 30, 2019

When most people think about the industries served by Asset-Based Lenders or Factoring Companies, they think of manufacturers, distributors and wholesalers. For a growing company, the capital and labor costs to get product delivered to their customers can put a strain on cash flow.

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Is Asset-Based Lending or Accounts Receivable Financing a good temporary solution for “non-bankable” companies?

March 15, 2019

In this article, we will consider a similar question but from the perspective of a banker: Is Asset-Based Lending, Accounts Receivable Financing or Factoring a good temporary solution for my prospect or customer that is currently not “bankable?”

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