Line of Credit
3 articles
Cash Flow
Building a Summer Cash Buffer: Why May Is the Best Month to Stress-Test Your Working Capital
Many small businesses bleed cash from June through August. Rates are still high. Customers are paying slower. Here's how to model the summer dip in May, before it shows up in your bank account.
Cash Flow
Financing a Contract Business: Why Bonding Capacity and Borrowing Capacity Are Not the Same Thing
A contractor has two credit limits, and most only manage one. A bank lends against your balance sheet. A surety underwrites your work-in-progress schedule. The same good year can move one and not the other.
Cash Flow
Line of Credit vs. Equity vs. Revenue-Based Financing: Choosing the Right Cash Flow Solution
You need capital to cover a cash gap, but should you get a line of credit, term loan, equity investment, or revenue-based financing? The wrong choice can cost you 10x what you borrowed. Here's how to decide.