Small Business Optimism Down As Bank Loans Become Harder to Get
The optimism of small-business owners has taken a bit of a dive in the second quarter of 2015. According to SCORE, lower revenues and tighter credit are the primary reasons behind this growing discouragement. With small businesses being approved for bank loans “less than half of the time,” it may be time for small-business owners to seriously consider alternate sources of funding.
Invoice factoring is a great alternate source of funding to fuel small-business cash flow, but of course we’re biased. American Commercial Capital, LLC, has been giving Houston-area small businesses cash-flow funding via invoice factoring since 2003, empowering many to succeed and grow without traditional bank loans.
It’s something to think about, at least, as getting a small-business loan becomes increasingly difficult.
Here’s SCORE’s infographic about small-biz optimism and financing trends in 2015.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
Houston Factoring Companies: Why Choose American Commercial Capital for Invoice Factoring?
If you’re a Houston-based entrepreneur who has been searching for ways to improve your business cash flow and get the capital you need to grow, chances are you’ve come across a dozen Houston factoring companies who all claim to be the answer to all your problems. Invoice factoring, for those who don’t know, is when a business sells its accounts receivable (invoices) to a third-party company at a discount. Factoring…
Business Video Roundup: Conflict Resolution Tips, Essential Tech Tools & More
This week in great videos for entrepreneurs and business owners: Patrick-Bet David shares eight business-savvy conflict-resolution tips, Gary Vaynerchuk talks about three unconventional strategies to grow small businesses in 2019, and Amobee CEO Kim Perell lets entrepreneurs in on the secret to her success (one that everyone can learn to implement!). Plus, Entrepreneur offers up three tactics to shape your brand image and Inc. recommends eight helpful tech tools that…
Business Video Roundup: Small Business Advertising, Sales Team Training & More
In this week’s business video roundup, Gary Vaynerchuk talks about whether advertising via direct mail and the Yellow Pages is still effective in the age of the internet and social media. We also have Entrepreneur sharing three time-management tips for business owners, the CEO of Capriotti’s Sandwich Shop discussing how strong company values can drive success, and Mike Phillips explaining his five-step sales process and how to conduct effective sales-team…
