Entrepreneurship is not easy. If you’ve spent just about any time turning what was once an idea into a profitable product or service — and endured the painstaking hours and toil necessary to successfully launch your business — you’ll know what we’re talking about. Since you’re here on our blog and you’re familiar with the [...]
When it comes to invoice factoring, there are a myriad of myths that surround this form of financing. From ideas that stem out of a lack of understanding to companies that have been led astray by inexperienced CPAs, bankers, or lawyers, invoice factoring has, in many ways, received an unwarranted bad rap. The good news [...]
If you’ve waited until Thanksgiving to start ramping things up for the holidays, you missed the gun. Typically, most companies start accelerating their marketing efforts sometime around late September to early October or even a little closer to Halloween. That may sound a bit early to start promoting holiday deals as they relate to your [...]
When it comes to invoice financing for small businesses, many myths surround this unique funding solution. A lot of the negative beliefs about selling accounts receivable to fund a business are due to misusing this funding solution. It is important that if you do choose to implement invoice factoring as a part of your company’s [...]
In a previous post, we discussed the key benefits of factoring as a financing option for a small business or startup. For companies who are struggling to finance their business through traditional lending methods, factoring can be an excellent choice. It allows your company to access immediate cash flow, to fund further growth, and to [...]
For some businesses, traditional lending solutions are not the right fit. In these cases, it can be difficult to obtain the working capital needed to ensure your business continues to operate smoothly. Here at the Commercial Finance Group, we specialize in bridging the gap between businesses who are deemed “unbankable” and the lending solutions they [...]
Let’s say that you’ve invested a great deal of time and effort growing what was once a simple idea into a successful, lucrative small business model that’s now begun to gain some real traction. Actually, if you’ve grown your business from the ground up then we can safely assume that you’ve worked hard in order [...]
The wintertime isn’t all that bad. Now, it’s true that this is (literally) the darkest time of year marked by heavy snowfall and consistently chilly temperatures drawing us to the warmth and comfort of indoors. Fortunately, we have the holiday season to keep our spirits jolly and joyous during November, December and the turn of [...]
Working closely with fledgling small businesses over the years, it’s fair to say that we’ve seen some...well, interesting business practices. From trendy desk setups to quirky company attitudes, it’s tempting to run your company in a unique manner. However, even the coolest and most cutting-edge business ideas might actually be more antiquated than you think. [...]
We’ve said it once (or really, multiple times) in the past and we’ll say it again: the holiday season is an incredibly important time of the year for small businesses, particularly the retail industry. Back in 2012, according to the National Retail Federation, holiday sales in November and December accounted for some 19.3 percent of [...]
