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May 7 2012

Should Your Business Have a Line of Credit?

What is a business line of credit? A business line of credit is a revolving facility that functions much like a credit card and/or a home equity line of credit. Lines vary in size from $10,000 to millions of dollars. They can be accessed by writing a check or online transfers, especially lines under $500,000 [...]

By Frank Celentano • Business • 0 • Tags: accounting, business line of credit, cash cycle, cash flow, inventory, manufacturer, medical, receivables, service, wholesaler

Apr 20 2012

Growing your Business in Tough Times with Asset Based Lending

Since the economic downturn in 2008, hundreds of New England businesses have had to batten down the hatches, lay off employees and adapt to the “new reality” in order to survive. Financing options began to disappear, lines of credit were lowered or even denied and paying bills and making payroll suddenly became a monthly shell [...]

By Michael Royston • Business • 1 • Tags: asset based lending, borrow, capital, distribution, financing, food distribution, lending, manufacturing, retail, service, staffing, WBCC, Webster Business Credit, wholesale

Should Your Business Have a Line of Credit?

Growing your Business in Tough Times with Asset Based Lending

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