Lines of Credit
Borrowing Base Certificate and How to Fill One In
A client of mine ran a commercial flooring business with a $300,000 revolving line.
A client called me in March because a $375 annual fee had posted on a card she had not used since the previous summer. She wanted it cancelled that afternoon.
Recent
Lines of Credit
A client of mine ran a commercial flooring business with a $300,000 revolving line.
Business Loans
A client of mine who runs a small commercial bakery spent four years paying $6,400 a month in rent on a unit she could have...
Alternative Funding
Your bank said no to a bigger line of credit, yet you are sitting on $600,000 of receivables and a warehouse full of stock.
Lines of Credit
You applied for a revolving line, waited a week, and got a polite no with no clear reason attached.
Funding Readiness
You are about to apply for a loan, and somewhere in a lender's system there is a business credit report on your company that...
Cash Flow Management
You sent the invoices, the sales look healthy on paper, and yet the bank balance keeps shrinking toward payroll.
Sections
Archive
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.