MCA Lenders and Confessions of Judgment – Legislation Eliminates This Predatory Lending Tool
In a recent series of articles we have been describing how some merchant cash advance (MCA) lenders have utilized predatory lending practices to take advantage of small business borrowers. In particular, some of these lenders [...]
What is Purchase Order (PO) Financing?
You may have heard of purchase order financing (PO), but you could be unclear as to what exactly it is and how it can help small businesses grow. However, if you are a small to [...]
The 5 C’s versus 2 C’s of Lending
Updated June 26th, 2019 There are a variety of variables that lenders look at when determining credit worthiness for small business lending. Typically, they can be classified into the 5 C’s of credit: character, capacity, [...]
What to Do if You’re Not Bankable Part 2
Being not bankable is not the end of the world. There are still plenty of opportunities to gain access to working capital when you need it. In this continuing series of what to do if [...]
What to Do if You’re Not Bankable Part 1
Being non- bankable is not like wearing a scarlet A (although it can feel like it at times). Being non- bankable just means you have to be more creative in your small business financing [...]
How CFG Helped a Service Business Deal with the Disruptions Caused by a Merchant Cash Advance (MCA) Lender
A new type of lending has emerged in recent years that has the potential to wipe out unsuspecting businesses that aren’t aware of how it works. Known as merchant cash advances (or MCAs), these loans [...]
Precautions of SBA Lending
When it comes to small business financing, many businesses turn to the Small Business Administration (SBA). The SBA helps small businesses obtain financing that they otherwise would be denied. Sounds a lot like the mission [...]
What Will You Do With Your Saved Time From Our Cash Flow Solutions?
Small business owners are busy people. Needless to say, it takes incredible amounts of time and effort to turn an idea into a profitable business, and precious time as an entrepreneur often equates to money [...]
Brush Up Your Business Communication Skills With These Simple Tips
Your ability to communicate with someone, whether they’re a financial representative, investor, account manager, or city planner, is absolutely essential to a successful business venture. From drafting out a clear and concise email to your [...]
Use A Small Business Loan To Invest In These Niche Ecommerce Industries
Since the advent of Amazon and other ecommerce platform giants, consumers have turned to the internet to buy a number of things — or really, to purchase just about anything that their heart desires. Shopping [...]
Choose Our Asset-Based Lending Company As Your Valentine This Year
You may not realize it, but your small business needs a mate. No, we don’t necessarily mean a “mate” in a romantic sense, though it’s easy to misconstrue this information given that it’s already Valentine’s [...]
7 Values That Every Small Business Owner Should Uphold
How you conduct yourself on a personal level almost always translates to how you conduct yourself on a professional level. This is the case for nearly any working professional, but it’s even more relevant for [...]
Networking And Building Connections To Grow Your Small Business
In today’s digital world, the importance and effectiveness of in-person communication tends to get downplayed. For years, we haven’t been required to physically meet someone, or even talk to them. We pull up a quick [...]
Answering Frequently Asked Questions About Asset-Based Lending
When it comes to finding a working capital solution for your business, you have a lot of options. One of the small business lending opportunities that The Commercial Finance Group provides is asset-based lending. While [...]
The Four Types Of Factoring
When it comes to invoice factoring, there are a few routes to take that all lead to the same destination: a cash flow solution. Here at The Commercial Finance Group, we are proud to be [...]
Where To Cut Business Costs
Businesses come to The Commercial Finance Group for a number of reasons. In some cases, businesses are healthy and thriving and are seeking greater flexibility for their operational plans without the restrictive covenants that often [...]
New Year, New Start: How To Start This Year On The Right Financial Foot
It’s 2019 and many businesses are saying “good riddance” to the previous year. It was a tough year for many of us, but thankfully 2019 is giving us all a chance to start fresh. The [...]
10 Things You Can Afford When You Solve Your Cash Flow Problems
When businesses are experiencing cash flow problems due to late-paying clients, low seasonal sales, fast-paced growth, or some other factor, it can be difficult to do anything beyond simply making ends meet. This is especially [...]
6 More Questions To Ask Before Starting A Business
Last month on our asset-based lending blog, The Commercial Finance Group offered up six important questions entrepreneurs can ask themselves before starting a business. These questions covered topics concerning why you want to start a [...]
It’s Never Too Late To Change: Resolutions For Your Small Business In 2019
If you’ve felt like your small business is in a rut with no sign of getting out, it’s time to get inspired and turn things around this year. Another new year brings the prospect of [...]