Sep 26, 2019 | Business Financing
Fall is an ideal time to evaluate your current tax situation. Instead of putting off your tax-related concerns and responsibilities until December or January, doing the prep work now may help you reduce your tax bill for the current year and avoid potential issues...Read more
Sep 24, 2019 | Business Financing
Working capital is the day-to-day driver of every small business. When you have enough cash on hand, you can hire more, produce more, take on more jobs, and pay less for supplies. Summit Financial Resources offers working capital loans for small to medium-sized...Read more
Sep 23, 2019 | Fundings, North Mill Capital
AUBURN HILLS, MICHIGAN $15,000,000 TOTAL CREDIT FACILITY The funds were utilized to pay off the bank and provided the additional working capital the company was looking for to support their plans for growth. SPAR Group, Inc. provides merchandising and other marketing...Read more
Sep 19, 2019 | Business Financing
For many small businesses, September marks either the end of the busy summer season or the ramp-up to the make-or-break holiday season. If you generate the bulk of your revenue during specific times of the year, it is important to have a strategy to ensure sufficient...Read more
Sep 16, 2019 | Asset Based Financing, Asset Based Lending, Fundings, North Mill Capital
HUNTINGTON BEACH, CALIFORNIA $7,000,000 ASSET BASED REVOLVING LINE OF CREDIT AND $1,575,000 EQUIPMENT TERM LOAN FACILITY The proceeds were used for acquisition financing and working capital. Aerospace Manufacturing Group, Inc. has been a value-added supplier of...Read more
Sep 12, 2019 | Business Financing
With hurricane season in full swing, many businesses are well prepared to literally weather the storm. However, disaster can strike anywhere and at any time – which means every small business owner should have a plan for dealing with major catastrophes. While it might...Read more
Sep 10, 2019 | Business Financing
There are numerous ways to manage cash flow in order to keep your business growing. Invoice factoring uses your receivables as collateral, letting you harness the latent cash in your unpaid invoices. The process is simple: a factor gives you a line of credit using...Read more
Sep 5, 2019 | Business Financing
September is a time of transition, bringing with it a change of seasons and a return to school for students of all ages. For business owners, the post-Labor Day period often feels like a new beginning, an opportunity to shift gears and refocus with renewed energy and...Read more
Aug 29, 2019 | Business Financing
1 – Labor Day originated in the late 19th century, at a time when labor unions were gaining prominence in the U.S. 2 – Back then, the average American worked 12-hour days and seven-day weeks, and children as young as 5 and 6 years old worked in factories and mines. 3...Read more
Aug 27, 2019 | Business Financing
Although communication is far more complex than it was just a decade ago, it remains a fundamental component of small business success. When executed effectively, communication can increase productivity, resolve issues with clients and vendors, and encourage...Read more