In the business world, one fundamental question should always be at the forefront: Is your business making money? To ensure your business is on the right track, you need to understand your business’s financial health. Why Financial Reporting Matters Proper financial reporting is like a business’s financial diary. It helps you: Generally Accepted Accounting Principles […]

In the world of finance, the threat of financial crimes is always present. National Financial Crime Fighter Day reminds us of the role the financial industry plays in the prevention and importance of reporting financial crimes. Common Types of Financial Crimes: Financial crimes encompass a wide range of illegal activities that threaten both the financial […]

When it comes to financing your business’s growth and success, there’s a powerful tool that often goes overlooked – Asset-Based Lending (ABL). While it might seem like a more expensive option at first glance, secured lending is not just a cost; it’s an invaluable investment in your business’s future. We’ll explore why asset-based lending can […]

California’s SB 666, recently introduced by Senator Dave Min, changes the landscape of commercial financing transactions with small businesses in the state. While aimed at protecting small businesses, it’s essential to consider the potential implications for Asset-Based Lenders operating here. Unfortunately, the senate bill has passed and as of January 1st, 2024 will be included […]

Its Thursday at 4pm. Payroll is tomorrow, and your business bank account is quickly approaching the negative. You’re confused. This was one of your best months yet with sales through the roof – but they’re all on terms. You’re forced to wait 30, 60 or even 90-days to get paid. This scenario is all too […]