Blog

I know that you believe you understand what you think I said, but I’m not sure you realize that what you heard is not what I meant. — Robert McCloskey

Today’s Reflections Lead to Tomorrow’s Successes

Every day, each of us is bombarded with a multitude of information, interactions, and experiences. Keeping up in today’s fast-paced world can be near impossible. Many of us are juggling successful careers, academics, and families, amongst other responsibilities demanding our attention. Often it seems there simply isn’t enough time in the day to spare even a single thought. When we finally get the opportunity to unplug, unwind and get... read more

Busting Myths About Asset Based Lenders: Part 2

Asset based lending is a great tool your business can utilize to meet its financing needs. An asset based loan (ABL) uses company assets, such as accounts receivable or inventory, to secure the loan. ABLs can either be loans or lines of credit, but most are structured as lines. Despite asset based loans being a flexible alternative to traditional bank financing, negative myths about asset based lending and lenders... read more

Busting Myths About Asset Based Lenders: Part 1

Asset based lending is a great financing alternative your business may be able to utilize to meet its business goals. An asset based loan (ABL) uses company assets, such as accounts receivable or inventory, to secure the loan. ABLs can either be loans against fixed assets or lines of credit, but most are structured as revolving lines of credit. Despite ABLs being a flexible alternative to traditional bank financing,... read more

How Company History Impacts Credit-Worthiness

Most companies need to borrow money from time to time in order to grow their business. They might need a loan to expand operations or purchase inventory to fulfill customer orders. Whatever the reason, they must first be approved for a loan by the lender before they may borrow. What can a business do to help ensure that they get approved? There are several factors to consider for the... read more

Borrower Beware: Online Lenders

Recently, one of our borrowers informed us that they had applied for an online direct loan with one of the major companies involved in this growing industry, which analysts say has doubled in size each year since the 2008 recession. Per requirement of our loan documents, our client notified us that they were searching for a quick, direct loan. The whole process was a great learning experience for both... read more

How We Prepare for Success: Plan, Involve, Execute and Review

I have often heard it said that we don’t plan to fail rather we simply fail to plan. Without a plan, success manages to stay just beyond our grasp and though we chase it, we will never realize it. In my life I have realized that when I have a plan and have developed a set strategy to obtain a goal or complete a task, I am more often... read more