Importance of Cash Flow to Your Business

Money moving or flowing in and out of your business over a certain period of time defines the cash flow of your business. Most businesses calculate the net change in their cash position for a month to determine the cash flow. Positive cash flow means the company got more cash in than it sent out […]

Step-by-Step Guide to Small Business Debt Consolidation Planning

Although small business owners have several ways for debt-consolidation, there are three primary avenues including acquiring a small business loan, acquiring a debt-consolidation loan, or simply going for commercial debt counseling. Consolidation is a great way to save your money and stop paying interest on different loans. We are here with a step by step […]

3 Essential Things to Know to Maintain a Good Credit Score

To simply put, credit score reflects your history with money. While you can’t calculate your exact credit score, you do control a majority of it. There are several things involved in determining your credit score. But we can count on five factors that credit bureaus use when calculating your credit score. These include payment history, […]

Amortization versus Simple Interest: What’s the difference?

Choosing the right financing option for your business can be really difficult. There are hundreds of different lenders who will all offer you different types of financing. Which one is the best for your business? One of the most important factors to consider when choosing between financing options is the payback amount. Generally, loans fall […]