Category: Small Business

As capital requirements increase, the cost of capital and liquidity increase. This puts strong pressure on bank margins. When that happens some business development trends emerge and many small businesses are left out in the cold to fend for themselves. This leads business owners to Merchant cash advances, and loan sharks. In order to prevent that you need to see and know your options. Trend #1: More fees please. Mid-sized and large companies are getting beat to death with derivatives and other capital markets solutions and all businesses are getting flooded with the treasury management sale. It’s not really less

Read MoreInteresting Business Development trends from post-crisis regulation in B2B finance.

We continue to grow at SouthStar and we are seeking positive, intelligent and hardworking individual to join our team. See below for more details. Client Relationship Specialist I SouthStar Capital LLC, an Asset Based Lending Group in the Southeastern commercial finance market, is now expanding and seeking a Client Relationship Specialist I for our office in Charleston, South Carolina. We are a privately funded company specializing in providing working capital lines of credit to growing businesses from 100K to 5MM Monthly. Our Office environment is a fun workplace, with a business casual environment often eating lunch, socializing and enjoying what

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An often overlooked issue confronting young companies is that of having sufficient working capital. The entrepreneurs who start up these companies pour their hearts, souls, and often, life savings into getting the enterprise off the ground. They are successful at finding just the right product or service to fit a need and the business begins to take off. Growth, however, is not always self-sustaining. Many times orders will overrun the capital needed to fulfill them. In these scenarios, the entrepreneur has to make some serious financial decisions that will affect the long term success of the company and the value

Read MoreYoung Companies and Working Capital

I started out in the insurance industry but please do not hold that against me. I think that the insurance industry gets a really bad reputation for being snake oil salesman. I think that also goes for real-estate agents and other over populated fields that people do not require training to get into. The industry however is still full of extremely professional people that have a desire to make money by providing protection to other people. I think that also goes for most industries. One thing I learned was that even though most of my production time was spent in

Read MoreWhy Personal Referral Relationships Still Work In the Digital Age

Finding capital is one of the hardest things small and medium size business entrepreneurs have to do. Since 2008, when the biggest of the big banks brought our economy to its knees, the smallest of the small-business community is still strapped for cash — despite the fact that larger small businesses, medium-sized businesses and larger business are having an easier time as restrictions ease up, according to the Federal Reserve and the National Small Business Administration. Small to Medium size businesses today are forced to grow on credit. Unfortunately, not only is credit hard to come by but many business

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Why is Invoice Factoring Better Than A Business Loan When you need money? There are a number of options out there but many will depend on the age of the company and their credit history. This is a huge concern as according to The Service Corps of Retired Executives (SCORE), 82% of Start-ups and Small Businesses fail because owners have a poor understanding of Cash-Flow Management and lack the ability to access it at required levels to fund their growth! One option that is available to them is invoice factoring, also referred to as, accounts receivable financing or invoice financing

Read MoreWhy is Invoice Factoring Better Than A Business Loan?

Is there a process companies can use that helps to improve cash flow? Well, when the economy is strong, and customers have more working business capital, companies are able to use prompt payment incentives and discounts with their customer base to improve their cash position. Unfortunately, with the world mired in a deep recession, these practices no longer produce the desired results. So, what else is there? To answer this question involves looking at the benefits of accounts receivables factoring. What is receivables factoring and how can it help businesses better manage cash flow? More importantly, why has it become

Read MoreCash Flow Management & Growing Your Business