With the rush of government funding to small businesses through the Paycheck Protection Program (PPP), Emergency Injury Disaster Loans (EIDL), and Main Street Lending Program it could feel like the business capital environment has been flooded like a rice paddy! The unprecedented move by the government in concert with the Federal Reserve was remarkably quick […]
If you have already seen our Zucchini post, you’ll know that we take designations seriously! For our Cooking the Books October 2020 edition, we’ll be looking at another “botanical fruit” but used as “cooking vegetable”. When we think of tomatoes as a fruit or prepared as something sweet – not many star recipes jump to […]
Is it more palatable if you call it a different name? Sometimes Banks Seem Like a Healthier Choice but in reality, stunts growth Sweet potatoes have made a huge splash in cuisine over the last few decades. What started out as a complementary dish during Thanksgiving has evolved into a wide variety of both sweet […]
“The worst Christmas gift is fruitcake… There is only one fruitcake in the entire world, and people keep sending it to each other, year after year.” – Johnny Carson, The Tonight Show Just look at that fruitcake. Follow the violently colored red and green “fruit” stuck in thick dough and be wary of the crystalized-sweets […]
It’s a basic fact of business that your operation needs continuous income to remain operational. Every day a business is open, more money is spent keeping it open – and that can be a challenge with the coronavirus epidemic still spreading, and economic uncertainty causing a chilling effect on purchases. Right now, many small- and […]
These are hard times for businesses, and there’s little sign of things getting better in the near future. If you are like so many other small or medium-sized business owners, you’re probably seeing reduced revenues, and maybe even truly hurting for cash. Getting a business loan as an SMB can be extremely difficult in a […]
Having a bank loan approved is often the key to the founding, expansion, or growth of a small business. For this reason, a rejected bank loan can cause tremendous stress on an aspiring or current business owner. At Camel Financial, we understand that countless business owners face bank loan rejections every day, and we are […]
Unfortunately, not every business can boast that they have a stellar credit rating. The downside of this is, as a business with bad credit, you’re likely not qualified for the loans and financing you need to keep your doors open every day. For those wanting to start a new business, your credit will again affect […]
It doesn’t matter whether you run a small business or high-volume enterprise, sometimes, things don’t always work out the way you plan, especially when it comes to cash flow. There may be times when you need to make payments to staff or vendors when your cash flow is at a minimum, but don’t despair yet! […]
Managing your business finances can be stressful if you do not know how to carefully keep track of your revenue, expenses, and accounts receivable loans to ensure a positive cash flow at all times. While proper money management involves many factors, our team at Camel Financial has provided a few of our best tips to […]