Cash in the bank can be the difference between success and failure for many small businesses, even profitable ones.
According to Capify’s Business Confidence Survey, most SME owners are concerned about cashflow. In addition to rising prices throughout the supply chain and the looming recession, many SMEs report negative trends in their cash positions. According to the survey, 53% of respondents were concerned about the amount of cash held by the business, whereas 43% […]
A business line of credit can finance short-term expenses, like payroll or inventory. Both traditional and online lenders offer business lines of credit. A business line of credit allows you to borrow up to a certain limit and only pay interest on the money you borrow — like the way a credit card works. You […]