Extending and Managing Customer Credit

More than 1,000 Community Development Financial Instutions (CDFIs) loan have been lending money to deserving small businesses during the last two years when bank and SBA loans weren't available. With additional funding for...

Even though there are some positive economic indicators that our economy is inching upward, until we see the bottom of the banking crisis, small businesses will continue to have problems accessing credit.

Presenting a loan package to a lender that has errors or is inaccurate is a surefire way to get turned down. Make sure your attention to detail shows in your application and supporting...

Think twice about using equity in your personal residence as collateral for a business loan. Many states allow this practice and banks and other lenders have evolved into believing they should take your...

Banks are often unofficially or officially labeled by a number of names that give an indication of what kind of customers they serve and what kind of loans they predominantly make. Knowing these...

Congress has done a poor job taking care of the SBA’s 7(a) loan program enhancements which were a part of the ARRA stimulus bill, however, yesterday it temporarily extended the enhancements for the...

Intuit has recently designed The Intuit Small Business Employment Index that focuses on employment trends in businesses with less than 20 employees. By focusing on the 87% of businesses that employ 87 percent...

Normally traditional lenders will not finance goodwill in the purchase of a business. Buyers usually must pay for the goodwill as equity injections into the purchase, or have the seller carry some or...

They allow two nonaffiliated lenders to work together to provide loans.

And how getting to know your lender can vastly increase your chances of snagging a loan anyway

One of the great strengths of QuickBooks is it’s ability to include payroll, payroll, burden, employeee benefits, and even workers compensation in costs associated with products and services.

Because the value of accounts receivable may not always be 100 percent.

The extension of SBA loan enhancements through the end of 2010 is now uncertain.

If there are things you want QuickBooks to do but can’t find a way to do it, you need to know about the QODBC driver for QuickBooks from QODBC.com. ODBC in an acronym...

There are multiple ways for a small business to remit moneys due the federal government but the safest easiest to use system is the Federal Electronic Taxpayer Payment System (EFTPS).

It is rare for a company to know whether or not it has a UCC-1 filed.

Many taxing authorities such as cities, hospital districts, water supply districts, community college districts are under unprecedented financial pressure. If your company provides goods and services to these cities and other political subdivisions,...

This guide to build business credit helps you overcome recent challenges to establish credit for your start-up. Business credit changes make establishing credit for your start-up more important...

Congress is currently considering extending the successful SBA loan program enhancements it originated in 2009 under the stimulus act. Although the SBA loan enhancement programs are being piggybacked on a jobs bill, it...