Category: Business Financing

Although the demise of large manufacturing in the United States has been lamented for many years, the role small manufacturing plays in the US economy continues to be important—roughly 11.7 million workers in this country work in manufacturing and it’s estimated there will be need for 4.6 million manufacturing jobs over the next 10 years according to NAM (the National Association of Manufacturers). Like their larger siblings, many small manufacturing companies rely on borrowed capital to fund equipment purchases, maintain business… Read More

Whether you run a transportation company, are an owner-operator truck driver, or simply run a business that uses commercial vehicles, you know how costly transportation equipment can be. Buying a new truck can eat up your cash flow and leave you without working capital for emergencies and unforeseen expenses—thus the need for transportation financing. That’s where transportation financing comes in handy. Small businesses and transportation companies find that, by exploring their funding sources, they are able to find business financing… Read More

Like many of their small business counterparts, the roughly 106,000 small mining firms in the U.S. rely on borrowed capital to purchase equipment, fund business initiatives, and otherwise fuel growth. And, like most small businesses in 2020 crawling out of the economic challenges caused by the coronavirus, it will be more challenging than it was in 2019 to access borrowed capital. Nevertheless, there are mining equipment financing options for 2020 that small business mining operations should know about. Is It… Read More

If you’re unfamiliar with the term credit card processing loans, more familiar terms might be business cash advance or merchant cash advance (MCA). Although many people refer to them as loans, they aren’t really a loan but rather an advance on credit card sales deposited into a small business’ merchant account. Many small business owners that accept credit and debit cards, instead of using short-term loans, leverage their regular credit card transactions to access borrowed capital via a cash advance… Read More