These days, loans for your small business or other venture requiring additional capital go well beyond your neighborhood brick and mortar bank. A host of funding options exists today, such as online lending, angel investors, venture capitalists, grants, crowdfunding, and of course, asset-based lending from The Commercial Finance Group. Why does it matter that there [...]
At The Commercial Finance Group, we think that it’s important to dispel myths about our small business lending services. Providing accurate, honest information is important to uphold the integrity of small businesses practices and the small business loans that we provide. That’s why clearing up any myths that our clients or potential clients have regarding [...]
We’ve said it before, and we’ll say it again: Starting a small business is difficult. Entrepreneurship is not for the faint of heart, to say the least. Not only do you have to rely on your own efforts to put food on the table and pay your bills, but you have to put in extremely [...]
Asset-based lending, a financial service that we specialize in here at The Commercial Finance Group, depends on using assets, such as inventory and accounts receivable, as collateral to receive funding. In other words, asset-based lending concerns when a company takes a loan against the collateral value of its hard assets. With office locations in Burbank, [...]
If you wanted to start a business, buy new equipment for your existing business, or expand your your current company to a second location, where would you look to find the necessary funding? It’s highly unlikely that you have tens of thousands of dollars just burning a hole in your company accounts, so you’d have [...]
In a previous blog, we discussed the importance of marketing in B2B commerce industries. In today’s fast-paced, increasingly digital and mobile environment, it’s no longer enough to rely on word of mouth or traditional marketing strategies. Diversification, with strict KPIs in place to track your efforts, is the best way to ensure that your marketing [...]
Are you experiencing lower than usual revenue levels? Have you been sifting through your key performance indicators, trying to figure out where effort is being wasted and which processes aren’t giving you the return on investment that you need to see for sustainable growth? One thing that small to medium-sized businesses often overlook, especially during [...]
If you’re the proud owner of a flourishing brick and mortar business in Los Angeles, you deserve a standing ovation. In today’s competitive market, in which physical businesses must compete with ecommerce enterprises, sustaining a baby business is more difficult than ever. Couple that with the fact that many banks are still reluctant to engage [...]
It’s a scenario that plays out all too often when you’re involved with B2B commerce: Your client begs for more time to pay on their invoice, and because you’ve worked together for a long time or just don’t want to lose their business in the future, you agree to extend the due date. The problem [...]
Starting a business today has a lower barrier to entry than ever before. There was a time when you had to come up with the capital for a building lease, inventory, and employees before you could even hope to make a dollar. Today, the internet has changed everything. In addition to (and in some cases, [...]
