Can factoring grow your business? Yes. Since the recession of 2009, factoring has grown and become more flexible. Historically, factoring was for a large purchase, today it’s used for much more. Can Factoring Grow Your Business? Prior to the post recession credit crunch, factoring was common in industries that faced large one-time expenses such as […]
Approval for business start up loans, even when your credit is good, can be difficult. The good news is there are many funding programs at Elan Capital. Business Start Up Loans Sally wants to open a banner printing business. The printer will cost $50,000. She does not own a home, but has a credit score […]
Business owners typically choose to sell their businesses for many reasons, from profiting financially to pursuing other business ventures or even retiring. Except in more extreme circumstances, the decision to sell your business should not be made hastily. Here are 5 important factors when selling a business that can help determine who you choose to […]
The percentage of total bank business loans that go to small businesses has steadily declined over the last two decades, from just over half in 1995 to well under 1/3 currently. As banks lend less and less to small businesses, other alternative options are filling the gap. Two decades ago, “non-traditional” business loans really were not […]