How to Finance Your Plumbing Business
It’s a good time to be a plumber. According to the Bureau of Labor Statistics, the average expected job growth over the next 10 years for plumbers and related occupations is 14%, compared to just [...]
California Cannabis Business Loans
The total economic impact generated by cannabis sales in the U.S. is expected to top $100 billion this year, up more than 12% from 2022, according to MJBiz Factbook. More and more states are legalizing [...]
3 Ways Business Owners Are Tackling Liquidity Concerns
Given today’s uncertain economic times, it’s more important than ever for businesses to have some liquidity, i.e., cash on hand or the ability to convert assets into cash. Liquidity is important for a business because [...]
What You Need To Know If Your Lender Requires a Personal Guarantee
You’ve probably heard the old saying, “you need to spend money to make money.” Anyone who owns a small- or medium-sized business probably knows that to be true. And many owners also quickly learn that [...]
Trucking and Transportation Equipment Financing
Despite challenges such as high fuel and equipment prices, labor concerns, shipping rates, inflation and recession talk, trucking and transportation are set for a return to normality for the balance of 2023 according to industry [...]
Business Lines of Credit for Construction Companies
The ongoing potential for a recession as well as the realities of inflation, labor shortages and supply chain issues have cast a bit of a pall over the construction industry in 2023. The outlook calls [...]