Tag Archives: business credit

Keep an eye on your cash flow

It’s surprising how many small business owners don’t really understand cash flow. That’s why they fall behind in paying their bills. Cash flow does not mean profits. You can have decent profits and lousy cash flow. Cash flow is the … Continue reading

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Be picky about extending credit

Depending upon your business, chances are you have to extend credit to customers. Which means you have to send out invoices to get paid, then rely upon customers to pay in a timely way. Make sure your credit customers understand … Continue reading

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Business loan application turned down? Find out why

Most lenders, banks especially, are conservative in granting business loans. Given the obligation to their stockholders and depositors, they need to be sure there’s a good chance the loans they make are repaid. If your application for credit is not … Continue reading

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