Managing your company's cash flow to avoid any short-term financial issues can be challenging no matter how long you’ve been in business. There are so many variables involved, many of which are out of your control. From consumer household spending to the timing of a customer payment, even the most successful company can face a cash crunch at some point.
Topics: Budgeting, Working Capital Loan, Working Capital Management, Small Business Management, Short Term Working Capital, Working Capital Strategy
Reaching the fifth year of business is a huge milestone for any company. Once you hit that mark, you’re much more likely to have lasting success for years to come. So, how can you maximize your chances of reaching five years? Perhaps the most important factor is how well you manage your working capital.
Topics: Wokring Capital Loan, Working Capital Management, Unsecured Business Loans, Small Business Management, Short Term Working Capital
The biggest difference between short-term and long-term working capital loans is the repayment term. The best loan for your small business depends on your income stream, what you intend to use it for, and when you expect you would be able to pay back the loan in full.
Topics: Working Capital Loans, Working Capital Needs, Unsecured Business Loans, Short Term Working Capital, Long Term Working Capital
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