Big Investment in Equipment? Bank on It.

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...

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What is Your Inventory Really Costing You?

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...

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Sales Biggest Blunders

By Thomas G. Siska As published in the ABL Advisor PDF > Sales Biggest Blunders: Basically, There are Only Two! Selling has never been easy – but it sure used to be easier. There is more money today dedicated to small-business and middle-market lending than ever...

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Asset-Based Lending: Banking on Your Success

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...

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Working Capital That Works

Cash flow is the lifeblood of any small business. The better a company is able to manage its working capital, the less the company needs to borrow. For many business owners, however, managing cash flow can be a challenge. When vendors take their time paying you and...

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5 Myths of Small Business Lending

Sooner or later, every small business needs to borrow some money. You may need: To manage your cash flow. To increase your working capital. To have cash on hand to finance growth. There are many myths that make entrepreneurs and managers believe it is harder than it...

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