Jul 18, 2016 | Business Financing
If you are a manufacturer, your equipment and machinery can be a large asset on your books. In fact, if you’re a small business, it’s quite possible that it comprises the majority of your net worth. When it comes to running your day-to-day operations or expanding your...Read more
Jul 12, 2016 | Business Financing
Inventory cost is often one of the most substantial factors in the success of a small business. Even among professionally run enterprises, the actual costs of inventory are often inaccurate, underestimated, or incomplete. Inventory cost is typically defined as the...Read more
Jul 7, 2016 | Business Financing
Getting access to financing is a crucial aspect of running a small business. Every company encounters occasional fluctuations in cash flow – customers are slow to pay their bills, unexpected expenses arise, or the business is seasonal in nature. If you are running a...Read more
Jul 5, 2016 | Business Financing
Different types of businesses benefit from different types of financing. At Summit Financial Resources, we understand that it’s not one-size-fits-all. We are experts in determining the funding program best suited to getting you the working capital you need. Apply...Read more
Jun 30, 2016 | Business Financing
Invoice Factoring can make all the difference in your cash flow. The process is simple: we give you a line of credit using your outstanding invoices as collateral, and your loan is repaid as your clients pay those invoices. The structure is flexible – in addition to...Read more