If you run a dentist’s office, the hardest part of keeping your business moving smoothly is waiting on the money that’s due from your patients. While it’s always good to give your clients some time to pay up, the...
One of the best ways to finance small business ventures is through SBA loans. In fact, the Small Business Administration was set up to help “mom-and-pop shops” get off the ground. The 504 loan program offers business owners a...
A steady cash flow is essential for any business. Many companies, from ones that have just started to businesses that have been around for years, will eventually run into some problems and see a decrease in revenue. While it...
When you own a medical practice or small to mid-sized hospital, there are nearly endless factors that place stress on your finances throughout any part of the year. One of the biggest threats is, of course, inconsistent payments. Insurance...
Loans generally need to be taken out when someone wants to start a small business. It is often essential so that the proper capital can be raised upfront, allowing the business to get off the ground. The business owner...
Summit Capital Financing recently funded a commercial property located in New Jersey for $275,000
If you own a wireless store, your business is built on debit and credit card transactions. It doesn’t matter if people are buying a new phone, tablet, or paying their bill, a majority of them use plastic to complete...
It used to be that purchasing something outright was better than leasing it, but along came technology and people are now finding leasing the better option. With healthcare machinery changing as quickly as smartphone and computer technology, many practices...
Accounts receivables management is a necessary evil when running a business. You must “receive” money to keep your operating cash flow in the black and your company’s doors open. If you were a gigantic corporation, you’d have accountants and...
Business growth should be at the top of your list of priorities, whether you’ve had your doors open for ten days or ten years. However, as an owner, you of course already know that his is typically much easier...