Debt
Dealing with Creditor Pressure: When Is It Time to Consider a CVL?
Running a business comes with its fair share of challenges, but few are as stressful as dealing with mounting creditor pressure. Whether it’s persistent calls, demand letters or even threats of legal action, facing creditors…
Effective Strategies for Managing Debt and Loans in Small Businesses
Managing debt and loans effectively can be the key to transforming your small business’s financial health. In this article, insights from C-suite leaders and consultants provide actionable advice to help you navigate financial challenges with…
Why Your Credit Score Matters When Starting a Business
Your personal credit history serves as a primary indicator for lenders evaluating business loan applications. Banks and financial institutions examine your track record to assess risk, especially when you lack established business credit. A strong…
Knowing When to Refinance Debt for Your Business
For many business owners, debt is an inevitable part of growth. Whether buying or leasing equipment, funding expansion or navigating cash flow challenges, managing debt strategically can be the difference between success and financial burden. Refinancing debt…
Debt Collection Agencies: Watch Out, Small Business Owners!
In the wake of Covid-19, small business owners have faced excruciating circumstances, forcing many to either pivot their business or halt all operations. Undeniably, this trying time has stretched small business owners thin of both…
The Extended Enterprise: Outside Help for SMBs Managing Technical Debt
2020 has brought business leaders challenges, undercutting established business plans and negating processes and practices leaders have developed and relied on for the health and success of their business. The pandemic and resulting economic disruption…
