Blog Posts
Texas Business Loans | 3 Programs Electrical Contractors Are Using to Finance Their Business
The electrical industry is an enormous sector in the United States. For contractors who take up mammoth projects or who combine several contracts, maintaining proper liquidity levels can be an incredibly
CONTINUE READINGBusiness Loans in New York | The Difference Between Business and Personal Credit
Having sufficient working capital is important for any business, large or small. As a business owner, taking on a project or making strategic decisions without sufficient working capital can have a negative
CONTINUE READINGConstruction Equipment Financing With Alternative Business Lenders
Construction business owners know when to take advantage of growth opportunities in the market. But sometimes it isn’t always possible. Despite wanting to move on potential projects with large equipment
CONTINUE READINGBusiness Loans in Detroit | 4 Benefits Of Working Capital Loans For Construction Companies
Sufficient working capital, defined as the difference between your current assets and liabilities, is essential for construction companies due to the cyclical and seasonal nature of the work. Construction
CONTINUE READING6 Reasons To Use Equipment Financing | Equipment Loans Detroit
Equipment financing is a flexible loan product to use to keep your machinery and equipment up to date. By utilizing an equipment loan you can purchase new machinery and equipment without having to tap
CONTINUE READINGInvoice Financing | How Invoice Factoring Works For Your Business
Invoice factoring is a process of selling invoices to a factor company. Typically in business, you make a deal with your client and set up terms for payment. But what happens if you need money before the
CONTINUE READINGInvoice Factoring | What is Invoice Factoring and Why its Right For You
Invoice factoring refers to a process of selling accounts receivables to a factoring company or lender. Small business owners need cash on hand to adapt and adjust to changing markets, but some don’t
CONTINUE READINGInvoice Financing | How to Use Invoice Financing in the Trucking Industry
The Freight and Transportation industry is an integral part of the U.S Economy. Per the Bureau of Transportation Statistics, in 2017 the Freight Transportation industry comprised 8.9% of the nations GDP.
CONTINUE READINGWhy Working Capital Loans are Important for Construction Companies
Due to the nature of the construction industry and the constant gaps in cash flow, having access to ongoing working capital is essential. Money is often needed for labor and materials before a project
CONTINUE READINGHow Equipment Financing Helps Small Construction Companies | Equipment Financing
Construction companies don’t have to remain small if they take advantage of equipment financing opportunities. In the past, projects that constructions firms could compete for were limited. This is because
CONTINUE READING