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Finance

From accounting and budgeting to business credit and taxes, put your business on a solid financial footing -- and keep it there.

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overwhelm with paperwork
Filed In: Finance
Burdensome loan applications are preventing many business from finding funding. Here's how you can avoid those applications and still find a loan.
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act now
Filed In: Business Planning and Finance
If procrastination has become a habit causing you to miss deadlines, slow your work progress, or become overwhelmed, it may be time for a new strategy.
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mortgage
Filed In: Legal and Finance
If you're a mortgage broker, or planning to become one, it's important to learn everything you can about what surety bonds are for, and how you can make them work for you.
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communicate
Filed In: Staffing & HR
The art of communication involves knowing not only how to verbalize ideas, but also how to listen, empathize, encourage, or influence. We present seven ways to improve your communication skills.
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Filed In: Business Planning and Finance
If you're an entrepreneur, you've likely made a New Year's resolution to grow your business. But how can you ensure that you stick with this plan beyond the first few weeks of January?
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If you don't have home-based business insurance, you could be in for an unpleasant surprise. Learn what type of insurance a home-based business needs.
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Leslie Bocskor head-shot
As attitudes toward medicinal marijuana shift and laws legalizing its use are enacted, Electrum Partners is riding the green wave of this emerging industry.
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business risk
Opportunity, like time, is perishable. Missing an opportunity to move your business forward because you want to avoid risk could mean you lose out on opportunities instead.
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goals 2015
Filed In: Business Planning and Finance
How do your small business goals for the new year compare to those of other entrepreneurs? Find out what your competition has in mind.
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Filed In: Innovation and Operations
So you're ready to tackle 2015 and make it the best year your company has ever seen. Here are 12 things you can do to make this year a great one.
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year-2015
Filed In: Business Planning and Finance
The first quarter of 2015 will be over in the blink of a business cycle. Take the time now to set your strategic goals and tactics for the new year.
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new year 2015
Filed In: Business Planning and Finance
To accomplish your business goals for the New Year, start by updating your business plan for your small business. Here's how.
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cash flow
Filed In: Finance
Lack of working capital is a real fear for entrepreneurs. Learn how to bypass this roadblock, and generate steady cash flow, by factoring your receivables.
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money
Filed In: Business Planning and Finance
The hype from "top company" lists and entrepreneurship TV shows can make you believe that sales is the key measure of success and profit. It isn't.
Experts
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Filed In: Your Career and Staffing & HR
One of the best ways to gain insight is to ask yourself important and reflective questions, an exercise that can have profound implications for your future success.
Experts
new year's resolution
Filed In: Business Planning and Finance
As a micropreneur, setting New Year's resolutions will help make 2015 a killer year for your brand.
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Delivery courier
Filed In: Business Planning and Finance
To ensure you find the best fulfillment service for your business, here are questions you should be asking.
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outsourcing
Filed In: Business Planning and Finance
One of the most difficult aspects of running a business is figuring out which activities are most worth your time and effort. Here's why outsourcing is the perfect solution!
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retirement plan
Filed In: Staffing & HR
As competition for employees heats up, offering a retirement plan is one good way to attract and keep qualified workers at your small business.
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Filed In: Finance
While much of the country looks back at the Great Recession as a painful memory, Main Street is only now beginning to see the light at the end of the tunnel.
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Business Glossary

Definitions for: limited recourse finance
limited recourse finance

  1. financing arrangement where the lender can require the borrower to repay only in special conditions that are spelled out in the loan agreement itself, and otherwise must look to the collateral as a source of repayment. Borrowers may have to pay more for limited recourse financing. See also nonrecourse loan.
  2. indirect lending arrangement where a dealer sells installment sales contracts to a bank, which assumes responsibility for collection of the debt as a holder in due course, and the dealer's liability for losses incurred by the bank is limited by contract. The bank's recourse against the dealer expires after a specified period.

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