Having access to credit is a lifeline for a business. It provides the capital needed to cover day-to-day expenses, purchase inventory, hire additional staff, and expand as growth opportunities develop.…
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When a business slides towards insolvency, anxiety and panic can overwhelm business leaders and hinder their ability to correct the situation. However, a commitment to develop effective turnaround strategies and…
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Maximizing working capital is critical to a business' success, especially during the current lending crisis. Transcript I'm Caleb Thompson, a business development officer at eCapital. Thanks for checking out my…
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A new report shows bankruptcies are defining business conditions this year. According to Epiq Bankruptcy, a U.S. bankruptcy filing data provider, Commercial Chapter 11 filings increased 105 percent in May 2023…
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While underwhelming demand for carriers is challenging fleets across the nation, a new report might give trucking companies a dose of hope. Data from Motive, a fleet management technology company,…
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Running a business in 2023 can feel daunting, especially when daily headlines forecast gloomy economic conditions. On May 15th, 2023, seven companies declared bankruptcy within 48 hours, matching a record…
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Taking out a loan or line of credit for your business required commitments, not just for the you, but for the lender as well. For this reason, lenders impose covenants…
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Financial ratios are used to evaluate the overall financial performance of a company. These ratios compare numerical values taken from a company's financial statements to indicate the company's profitability, liquidity,…
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