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July 2018 Archives

Cash flow management is key to small-business success

The long-term health of any business revolves around cash flow – what money comes in and what goes out. Ideally, more comes in than goes out over the long haul, but there inevitably will be periods where that is not the case.

Look Before You Leap Into A Merchant Cash Advance

Small business owners often find themselves in need of a quick influx of cash to keep the doors open. In this situation, many hear about a merchant cash advance (MCA). This is a one-time financing strategy in which a business receives a lump sum that can, on the surface, appear to be a lifesaver.

Beware of the fine print in merchant cash advances

For business owners looking for fast financing, merchant cash advances can seem like an attractive option. Many cash advance companies lure entrepreneurs in with promises of no fixed monthly payments, no need for collateral and the willingness to look past bad credit. A good rule of thumb is if it sounds too good to be true, that’s likely the case.

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