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Business Development: What Does it Really Mean?
Business Development Means Different Things to Different People Some may consider developing new products or services to be business development. To those on the sales side, it may be identifying…
Customer Service Tips to Make Clients Love You
Customer service is always being discussed, from news stories and business books lauding those companies with the best customer service to companies competing with each other by debating which firm…
Five Steps Small Businesses Can Take to Prepare for a Recession
“The time to repair the roof is when the sun is shining.” – John F. Kennedy. A normal business cycle expansion phase lasts about five years. At more than 10…
Five Best Cash Flow Practices for Your Clients
Maintaining Healthy Cash Flow Practices is Key to Sustaining and Growing any Business Constantly monitoring, analyzing, and adjusting for economic downturns, seasonality, competition, and industry trends can position a company to…
The Big and Little Cs of Credit
The lending approach of asset-based lending applies much greater weighting to Character, Collateral, and Capacity (the big Cs) and much less weighting to the other two, capital and conditions (the small Cs).
The Digital Landscape – Financing Professional Services
The commercial finance industry loves certain industries. Trucking, staffing, distribution, and manufacturing have been heavily targeted. They’re easy to understand and easy to fund. But what about companies that are…
How Staffing Companies Can Increase Working Capital
Employers are increasingly looking to staffing agencies for those hard-to-find employees. As staffing agencies increase their volume, cash flow issues can arise for staffing companies that do not have adequate…
Working Capital for Manufacturing Companies
So Many Options… What Fits Best? There are many different sources of financing for manufacturing companies who have a proven track record of success. However, many are unable to find…
Hitachi Business Finance Welcomes Greg L’Herault To Business Development Team
Hitachi Business Finance today announced that Greg L’Herault has joined its business development team, concentrating his efforts on attracting new asset-based lending, syndication, and factoring clients across the United States….
Don’t Forget About Exit Planning
One thing that’s rarely on a business owner’s to-do list, but is crucial for business owners, is exit planning. If you fail, forget, or neglect to plan your exit from your business, you fail to feather your nest egg. This is a regret you won’t recover from.
