When PPP Isn’t Enough

by Jeff Wright

The Paycheck Protection Program (PPP), along with other federal and state initiatives, helped many business stay afloat during the COVID-19 pandemic. Many would have closed permanently because they lacked the…

When the Bank Says No

by Jeff Wright

Why do Banks Deny Borrowers? During this time of uncertainty, you may find that traditional banks are tightening their credit requirements, making it harder to obtain the working capital you…

Take 5: Talking Business With Tom Bayer

by Tom Bayer

Tom Bayer serves as Origination Leader at Hitachi Business Finance, a division of Hitachi Capital America. He has more than 30 years of experience in asset-based lending and syndicated transactions….

Creative Business Financing

by Jeff Wright

Creative Business Financing Once you burn through your own cash and that of your family and friends, it’s time to consider other sources of financing to grow your business if…

The Big and Little Cs of Credit

by Hitachi Business Finance

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).

Getting Creative With Cash Flow

by Jeff Wright

Cash is the life blood of any business. Without it, organizations are sure to struggle. Sometimes even a good business fails by ignoring the ledger balance, yet a poorly run…

Alternatives to Bank Financing

by Jeff Wright

Economists continue to express concern that there are warning signs of a slowdown. The general opinion is that a recession will likely occur, lasting past 2020. Obtaining bank financing will…

You’ve Made the Big Sale… Now What?

by Toby Dahm

Nick put down the phone and sat silently in his chair, basking in the feeling of accomplishment. This is why he formed his business two years ago. This is why…