working capital Archives

Initiative Helps Veteran-Owned Small Businesses

wells fargo - home for veteran
by in Featured | Small Biz

Veterans who own small businesses in Arizona can save up to $3,000 by tapping into a new loan program called VetLoan Advantage. The program, offered by CDC Small Business Finance, features rebates and fee waivers associated with SBA-504 loans (for commercial real estate purchases) and Community Advantage loans for working capital, equipment purchases and other… Read More →

Cash is King, but Wrong Choices Can Bring Down a Contractor

by in Economy | Real Estate

You’ve heard the phrase a million times – “Cash is king.” But what are we trying to accomplish with cash? Does cash equal success? Profit? Stability? Does a lack of cash signal a problem? It all depends on your perspective. Contractors are in a unique business where everything is based off of estimates, so revenue… Read More →

Raising Capital In A Financial Drought Is Tough, But Not Impossible

money pile

In today’s turbulent economic environment, many companies are finding their cash flows temporarily reduced due to difficult business conditions. Less cash flow generated from operations can cause a working capital squeeze or make existing lenders uncomfortable and/or uncooperative, particularly if the company has violated a loan covenant or agreement. In the past year, we have… Read More →