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Top Reasons Why Prepaid Cards Greatly Benefit Your Small Businesses

Commercial Prepaid Card Smiling baker man standing with fresh bread at bakery. Happy african man standing with crossed arms at counter in bake shop and looking at camera. Satisfied baker with breads in background.

With real-time benefits centered on control and convenience, more and more small businesses are opting for prepaid cards. Practical and user friendly, prepaid cards have become a preferred accepted payment method over traditional cash and checks. From accessing funds to financing employee expenses to making or receiving payments, small business owners can process hassle-free transactions.Read more

Small Business Owners Need Streamlined Access to Working Capital – But How?

working capital for small business ownerWorking capital-or current assets minus current liabilities – is essential for a small business’ fundamental financial health. It serves multiple Financing purposes, such as purchasing new inventory, hiring employees, paying creditors, or funding new projects. Whatever you need working capital for, it’s a key part of the way you handle your day-to-day operations, which makes it crucial that you maintain positive working capital.Read more

5 Reasons Why Small Business Loans aren’t Your Best Option

best small business loanSmall businesses require funds for various reasons. A loan might be required for business expansion, purchasing inventory, purchasing equipment, increasing working capital or for property purchase. There are various means to secure a small business fund like crowdfunding, traditional bank loan, angel investors, and venture capitalists. Small business loans are one of the most common loans sought after.Read more

Do you Feel the Pinch? You’re not alone. Here’s why

working capital pinchWorking capital is measured based on efficiency of a business and its short term financial position. Every month, business owners need to meet current liabilities or short-term debts such as payment to vendors, suppliers, payroll, accounts payable or bills in order to stay afloat. To efficiently manage expenses, working capital should never keep declining over a long period of time.Read more

How Small Business Owners Can Bridge the Working Capital Gap

bridge working capital gapWorking capital is a tricky thing to manage and not to mention, boring, too. The definition itself is an equation of business terms current assets minus current liabilities which requires even more definitions. Currents assets are the resources that can be converted into cash within a year, while current liabilities are your company’s debt obligations that need to be repaid in a year. Basically, something that affects all companies, big or small, in any industry in any part of the world.Read more

Control Your Cash Flow, Control Your Business

control cash flow in businessCash flow is the lifeline for any growing business and maintaining positive cash flow is essential to keep operations running smoothly. Negative cash flow usually comes from one of two places: not enough working capital and slow receivable collections. These things lead to great stressors on any business, like settling outstanding debts, paying salaries, purchasing equipment, or, worst of all, keeping the company’s doors open.Read more

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