How to Get a Business Line of Credit as a New Business

New small business owners, like yourself, want to feel prepared when it comes to starting a business. Financially, that means having proper funding to allocate to all needs, and not having to fear costs. To have this sense of security, businesses look to a line of credit. With this, owners feel more equipped and less […]

Short Term Funding for Small Businesses

No matter the phase of business you are currently in, starting, maintaining, or growing, working capital is essential for day-to-day operations. If you are just starting out, you may need a lump sum to create a solid foundation. If you’re maintaining, you may need capital to pay your employees or order new equipment. Lastly if […]

Working Capital Loans vs Working Capital Advances

The confusion between these two terms is quite common among small business owners. As their names suggest, both are ways to have additional working capital for your business. But how do they differ? This blog will uncover everything you need to know about the difference between working capital loans and working capital advances. Working Capital […]

Can REIL Help Your Business Purchase a New Vehicle?

Having a commercial vehicle is common in many industries. In some, it is an absolute necessity. Depending on the industry, commercial vehicles can be used for almost anything and everything. For example, transporting goods to a point of sale, moving equipment to aid in a job or project, or simply to transport people. No matter […]

How to Manage Small Businesses Cash Flow

As a small business owner, there are many task need to be accomplished for the smoother execution of business. Few tasks are more important than the management of your business’s cash flow. Cash flow keeps your business running. Thus, it should be the heart and soul of any decision a small business owner makes when […]

Take Your Small Business to the Next Level Using Business Financing

Expanding a business is a huge milestone in any entrepreneur’s career. You have made it far enough to take your business to the next level. This is an exciting time for you and your business. Here you have to make a lot of important decisions. These may include the direction you want to take your […]

Smart Budgeting Hacks For Your Small Business

As any small business owner can tell you. Budgeting is one of the most critical tasks for maintaining a healthy business. As important as it is, budgeting is a very tedious and confusing project. Especially, for anyone who is not great at accounting. Below, we have broken down the budgeting process into four easy steps […]