We have three words that can instill fear into any business owner: slow-paying clients. Slow-paying clients or, worse, no-pay clients can wreak havoc on your business’s finances. Small businesses are especially susceptible to doom due to slow-paying clients as they often rely on receiving invoices to afford payroll and overhead costs. If this sounds familiar, [...]
Can you believe we’ve finished another year? The start of any new year is a great time for business owners to evaluate their organization and set new strategic goals to help you get your business to where you want it to be by the end of the year. Even though it is just another month, [...]
Here at The Commercial Finance Group, we are proud to be your “bridge to bankability.” When you are just starting a business or are experiencing some financial struggles related to your business, traditional business loans can be hard to obtain — especially at a fair interest rate. We offer custom working capital solutions for small- [...]
Here at the Commercial Finance Group, we regularly interact with business owners looking for financing solutions for their business. In the past, we have written blogs offering business owners advice on how to avoid certain issues, including how to avoid mistakes with invoice factoring. While invoice factoring is a common funding endeavor for small businesses, [...]
Cash flow is important for any business regardless of size. Small businesses, though, especially rely on consistent positive cash flow to keep up with operational costs and remain profitable. Negative cash flow is one of the main reasons small businesses fail. Not only can it make meeting monthly operational costs impossible, but it can also [...]
Relax. Take a deep breath. Tell yourself the following: “You got this.” The truth of the matter is that, when it comes to just about anything in life, your success is determined by your attitude and how you react to something. Maybe that sounds a little cheesy; maybe it sounds a little generic, but it’s [...]
In the same way that technological advances have unnecessarily complicated certain aspects of life, technology also spoils us. Within seconds — at most — we can access a seemingly infinite network of information. Wondering what the weather is going to be like? Done. Sports updates? Done. Stock market fluctuations? Done and done. Our Take On [...]
Here at the Commercial Finance Group, when we work with a business to implement a new funding solution, such as factoring receivables, we begin by getting to know the business, the story behind it, and the business’ goals. Understanding the story behind a business is important for numerous reasons. The story that has fueled the [...]
Starting your own business can be an exciting venture. Here at the Commercial Finance Group, we often work with clients who are fairly new to the business scene. It is exciting to help these young businesses access important funding and working capital to make their dreams a reality. Running your own business comes with its [...]
If you feel like 2018 flew by in what seemed like the blink of an eye, you’re not alone. It seems to be that, the busier we are in our lives, the faster we perceive the passing of time. In the case of a small business owner such as yourself, we’re willing to wager that [...]
