Cash Flow Management
Cash Conversion Cycle Explained for Small Business Owners
You had a profitable quarter on paper, yet the bank balance kept dipping below payroll.
One late payment on a business credit card can push your interest rate from 21 percent to nearly 30 percent, and it may stay there for months after you catch up.
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Cash Flow Management
You had a profitable quarter on paper, yet the bank balance kept dipping below payroll.
Business Credit Cards
You paid your business credit card in full last month, yet your personal score dropped 30 points and a lender asked why your...
Lines of Credit
Your bank renewal letter mentions a 30-day clean-up and you have carried a balance on the line for fourteen straight months.
Business Loans
A bakery owner I worked with last spring had strong sales, a clean credit file and two years of tax returns, and the bank still...
Cash Flow Management
A bakery owner I worked with last spring had $14,200 in her operating account on the 18th of the month and felt comfortable.
Business Credit Cards
A wholesale supplier tells you they now accept cards, but with a 3 percent surcharge.
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Three people who have sat on different sides of a funding decision: a former underwriter who spent a decade deciding which loan applications got approved, a small business owner who has borrowed through a term loan, two lines of credit, and one merchant cash advance she still warns people about, and a bookkeeper who sees a client's cash flow problems months before the owner does. Every article carries a byline, and nothing runs that the writer has not actually dealt with.