According to recent research sponsored by AdviCoach, a business coaching and advisory service for small and medium-sized companies, managing finances is a key challenge for many entrepreneurs. "About 50 percent of small business owners run into cash flow hurdles...
If you're looking to secure commercial loans for your small business, there are several courses of action you can take to improve your chances. In a recent post for SCORE Small Business Blog, Anita Campbell of Small Business Trends noted that the optimum time to...
Community financial institutions (FIs) and credit unions (CUs) are triumphing over big banks at a time when the country's small businesses are making tentative steps toward economic recovery, the Christian Science Monitor reports. The source notes that despite...
As the owner of a local small business, you know the hardships involved with getting a company off the ground. Chances are, you took out some commercial loans, tapped other sources of funding and operated at a loss for a while after opening the business. If things...
Recent government reports revealed that 40 percent of all small business lending is made by financial institutions $1 billion or less in size, according to the Times of Northwest Indiana. What's more, companies that sought commercial loans from a community bank...