Small businesses have historically turned to banks to get the funding they need, but traditional funding is expensive, and it’s always been tough to get approval. In the throes of COVID-19, approval rates further plummeted to a mere 11.5 percent, …

What Working Capital Options Are There for Small Businesses? Read more »

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If you’re worried your clients won’t pay their invoices due to COVID-19 and the residual economic ripples, you’re not alone. In an era where 55 percent of “temporary” business closures have become permanent, according to Business Insider, and business bankruptcies …

How Do You Know Your Clients Won’t Leave You with Unpaid Invoices in 2020 and Beyond? Read more »

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Nearly 800 trucking companies failed in 2019, taking almost 25,000 trucks out of the industry’s capacity. Is this a sign of things to come? Or is it an overdue correction?  Celadon Group, by far, represented the biggest name to fall …

Was 2019 Just a Pothole for Trucking? Or Something More? Read more »

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Trucking is a race against the clock. No matter the cargo, the trucker faces constant pressure to navigate traffic snarls, avoid highway closures, overcome mechanical problems, and stay awake and alert to deliver their load at the contracted time. But …

Are Slow-Payers Putting the Brakes on Accounts Receivable? Factoring Companies Can Rev Up Your Cash Flow Read more »

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For a bettor or a gambler, few things are as revered as a “sure thing.” That’s because few things are ever truly assured. OK, in horse racing, seeing Secretariat’s, Seattle Slew’s or Seabiscuit’s name in the lineup is never a …

Improving Your Odds of Getting a Small Business Loan and Identifying Your Alternatives Read more »

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America’s transportation infrastructure is crumbling, with traffic-clogged freeways, pothole-strewn side streets and aging bridges making travel as much an aggravation as an adventure. But for the nation’s 3.5 million truckers, these troubled byways have lately proven to also be yellow …

The Streets are Paved with Gold for Gear Jammers as America Celebrates National Truck Driver Appreciation Week Read more »

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Not long ago, a well-known professional wrestler had a popular catchphrase he would shout out during TV promos. “That’s the bottom line, ‘cause Stone Cold Steve Austin said so!” This meant the audience could bank on what the hulking grappler …

Bottom Line: Prepare Now for the Next Downturn Read more »

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