There’s no official word on who coined the term, “The bigger they are, the harder they fall,” but it certainly seems to apply to “unicorn” businesses as of late. These privately owned businesses earn the classification “unicorn” when they...
Factoring as a way to grow businesses may be getting a lot of attention these days, but it’s not a new concept. History tells us that the practice of selling accounts receivable for a quick influx of capital came to our shores with the Mayflower. However, it’s been a...
Believe it or not, we’re already heading into the second quarter of 2024. Financial performance in the first quarter is encouraging as the year got off to a strong start. While we didn’t see rate cuts from the Fed in the first few months, tech stocks...
If you’ve been watching the news, you’re likely aware that interest rates are stabilizing. While reductions are on the horizon, businesses still require access to capital to meet client demands. Today’s interest rates shouldn’t deter business...
Gone are the romanticized notions of small business owners strolling into their local banks, engaging in delightful conversations with their bankers, and effortlessly securing loans to sustain their ventures. For many of us, those idyllic scenes never existed. The...
