Finance

Getting approved for a small business loan can be a stressful and complicated process when starting or growing your business. It’s even more frustrating to jump through all those hoops, only to find out that you don’t qualify for the capital you need. For a small business owner who is struggling to qualify for a […]

Recession. We are hearing about a potential recessionary time and economic downturn. Whether it is true or not, in our economy there are always boom and bust cycles and your business might also feel upward growth followed by a downturn. As we know, with COVID and injection of cash into the economy, we witnessed exponential […]

As a small business owner, you need cash to meet short-term financial obligations, invest for the future, and avoid unexpected liquidity issues. While drumming up more business may seem like the most obvious way to increase your cash flow, there are actually many ways to bring in cash faster and pay it out slower. In […]

Learn what liquidity is, and how maintaining a good liquidity position can benefit your business - including examples.

Fraud affects millions of Americans every year, and small businesses are especially vulnerable to cybercriminal activity and fraudulent charges. It’s easier than ever for would-be criminals to steal money from your organization by breaking into your bank account or stealing funds directly from a customer via devices inserted at your POS. But although bank account […]

After months of blood, sweat, and tears, your small business is finally taking off; the phones are ringing, website visitors are placing orders, and leads are finally converting into clients. That’s great news! But keep in mind that as your business continues to grow, it becomes more important than ever to have a clear understanding […]

It’s tough being a small business owner. It can seem like every institution that was designed to help small businesses thrive and become successful end up causing unnecessary hurdles and expenses.  We know this very well in the credit card processing industry. Gravity Payments was founded to address widespread abuse of small businesses by Merchant […]

Debt! It’s always been a scary concept in our personal lives. Accruing liabilities can negatively impact our daily lives and be a major roadblock in creating wealth. However, when it relates to small business loans, leveraging debt can be beneficial to a business and allow them to use the acquired capital for their business needs.  […]

Industry-specific technology and SaaS products are designed to automate everyday busywork and increase efficiency for small businesses (such as our very own Poppy Bridal Software which is designed to help bridal stores operate their business in a central and efficient way).  However, just like every other major business initiative, implementing a new digital infrastructure can […]

Applying for small business loans and financing is a stressful and demanding process. This lengthy exercise that features hours of paperwork can lead to frustration with sometimes higher interest rates that can cost your business, and oftentimes, rejection.  We have previously discussed what factors to consider when choosing the right lender for your small business. […]

An often overlooked aspect of running a business is cost optimization. Cost optimization is a business-focused, continuous discipline to drive spending and cost reduction, while maximizing business value. This includes: Obtaining the best pricing and terms for all business purchases Standardizing, simplifying and rationalizing platforms, applications, processes and services Automating and digitizing IT and business […]

When applying to a small business loan, the prospect of receiving large sums of cash is exciting to business owners. However, when it comes to repayment, servicing a fixed repayment schedule can become extremely difficult and not feasible.  Traditional lenders make sure their borrowers are providing them with the highest rate of return on their […]