I get a lot of questions from companies whether they should use debt or equity to finance their growth. Business owners contemplate this critical question as they look for financing. Which alternative is best? Debt Financing The advantages to debt […]
How to Finance ‘The Big One’
I recently met with a client who owned a company that distributes computer parts. He just learned that he won a contract with a major customer. That contract would increase his annual revenues by $2 million. He was very excited […]
Merchant Cash Advances
A merchant cash advance is an alternative source of financing for small businesses who can’t get a bank loan. * Do you need funds quickly for business improvements or investments? * Do you need to pay off outstanding debt or […]
The Facts Behind Factoring
There is nothing more frustrating to a business owner then having to turn away sales because he or she lacks the cash flow to support them. For companies that sell products, this means not being able to replenish inventory in […]
When the Bank Says No
Over the years, I have had the opportunity to work with many small business owners, and one question that I was frequently asked was “when the bank says no, how do I get the financing that I need for my […]
Benefits to Companies that Factor
There are many benefits to companies that choose to factor their accounts receivable. In addition to avoiding all the paper work associated with obtaining traditional financing, factoring is easy and generally provides instant cash. Below is a list of additional […]
Alternative Financing: Definitions & Strategies
Click the above title to see Cheryl Gowen, President of AFO, discuss the definitions and strategies of alternative financing.
Crowd Funding Basics
I just attended a presentation reviewing the basics of crowd funding and decided to write about it since I am asked frequently as to what I know. Crowd funding (aka peer-to-peer fund-raising) is a way for individuals to raise money […]
7 Tips for Improving Your Cash Flow
There’s a golden rule in business you’d be smart to learn now: No matter how much you sell, if you don’t collect the money, you’re going to go out of business. As business owners, we often get so wrapped up […]
5 Myths about Private Money Lending
I’d like to discuss some myths about private money lending. Over the years, I have heard many misconceptions about private money lending so I wanted to address the top 5. Myth # 1 – No Private Money Lender can fund […]