Working capital is the backbone of your business. It’s the money your company uses to handle daily business activities and operational expenditures. Everything from the money required to run equipment to your employees’ salaries come from your working capital. As such, a lack of working capital ...
The Small Business Administration serves to "aid, counsel, assist, and protect the interests of small business owners." However, banks can be timid about lending to small businesses, which makes obtaining SBA funding for your business a challenge. Applicants don't often know why their SBA loans get ...
Small businesses are still reeling from the pressures of the Covid pandemic, including supply chain breakdowns, decreased sales, increasing employee wages, rising inflation, and adoption of emerging technologies. Many small business owners are seeking funds to finance their cash flow gaps and buy necessary equipment ...
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