Fast cash flow management techniques for small-to-middle market businesses
When it comes to cash flow management, there are some scary statistics out there. Like this one: 60% of SMEs fail due to cash flow problems. Or this one: on average, small businesses can only cover 27 days of expenses and day-to-day operational costs. It’s a significant challenge; and even if your business is profitable on paper, if you don’t have enough cash to cover your expenses, you run the risk of disrupting operations, missing or delaying payments and stifling growth opportunities.
How business owners can manage their quarterly tax estimates with alternative lending solutions
One pain point for many business owners is quarterly tax estimate payments – this includes sole proprietors, partners in partnerships, members of LLCs, and shareholders of S-corps. Because of the requirement to pay your quarterly estimates by April 15th, June 15th, September 15th, and January 15th (for the fourth quarter), many entrepreneurs find the complexities of taxes overwhelming. The good news is that there are proactive steps you can take to ease the burden, and one effective strategy is to utilize alternative lending solutions so that you have the necessary funds to meet your tax obligations without disrupting your cash flow.
How to leverage your current portfolio to grow your financial flexibility
Individuals and businesses are constantly seeking innovative ways to leverage their assets for growth and financial flexibility, and a powerful tool that can be used in gaining status is Securities-Based Lending (SBL). This financial strategy allows borrowers to use their investment portfolios as collateral for loans, providing a range of benefits that extend beyond traditional lending methods.
Why Budgeting for 2024 is Important for Your Financial Roadmap and Overall Growth
Late-night, horror, slasher movies on T.V. Zombies with missing body parts are crawling out of the ground and creepy clowns with sharp teeth are lurking in the sewers. Life-size skeletons, ghosts and goblins adorn nearly every house. It’s spooky season, and yet none of those things might scare you more than the idea of budgeting for the year 2024.
Current State of the Industry Amplifies the Importance of Funding
Telecom companies, including general contractors and subcontractors, have found themselves stuck between the tier-one carrier slowdown and rising interest rates that pressure bank financing. The deceleration of 5G deployment not only puts projects on hold, it can also delay payment cycles on work that has been completed, ultimately causing cash flow issues.
Working Kapital Life
A wise banker once told me “Only companies with capital deserve to grow.” Now, I understand that this could be met with debate, but hear me out. I do believe the underlying message here is that when a company has strong controls in place to grow their capital stack and has an opportunity to grow their top and bottom lines, they should use their capital in strategic ways to grow and not based solely on opportunities that present themselves.
Q&A: How this SMB telecommunications company used alternative funding to grow the business
Your time is valuable, so we’ll get straight to the point. Find out how an alternative funding solution gave telecommunications company Utilities One the working capital needed to expand the business and increase their cash flow. Utilities One Executive Vice President and Chief Operating Officer Joseph DiMelis breaks it down in seven questions below.
SMBs face roadblocks seeking credit insurance. Here’s how alternative funding solutions can help
We recently wrote about recessionary fears and rising inflation; to counter these fears, many business-to-business (B2B) companies are considering trade credit insurance (TCI), an important risk management tool for small to mid-sized businesses (SMBs) that sell goods or services on credit.
How much should business owners worry about recent bank failures?
Since March 10, two large banks have collapsed; first Silicon Valley Bank (16th largest bank in the U.S. based on assets, and second-largest bank failure in U.S. history) followed by New York-based Signature Bank, the third largest bank failure to date.
