When it comes to finding a working capital solution for your business, you have a lot of options. One of the small business lending opportunities that The Commercial Finance Group provides is asset-based lending. While this is a common solution to cash flow problems, many business owners have questions about what exactly it is and [...]
Businesses come to The Commercial Finance Group for a number of reasons. In some cases, businesses are healthy and thriving and are seeking greater flexibility for their operational plans without the restrictive covenants that often accompany traditional bank loans. For others, they are relying on our small business lending services to afford overhead costs and [...]
It’s 2019 and many businesses are saying “good riddance” to the previous year. It was a tough year for many of us, but thankfully 2019 is giving us all a chance to start fresh. The Commercial Finance Group has spent the last year (well, the last 40+ years) helping small and medium-sized businesses secure working [...]
Can you believe we’ve finished another year? The start of any new year is a great time for business owners to evaluate their organization and set new strategic goals to help you get your business to where you want it to be by the end of the year. Even though it is just another month, [...]
Relax. Take a deep breath. Tell yourself the following: “You got this.” The truth of the matter is that, when it comes to just about anything in life, your success is determined by your attitude and how you react to something. Maybe that sounds a little cheesy; maybe it sounds a little generic, but it’s [...]
Here at the Commercial Finance Group, when we work with a business to implement a new funding solution, such as factoring receivables, we begin by getting to know the business, the story behind it, and the business’ goals. Understanding the story behind a business is important for numerous reasons. The story that has fueled the [...]
Keeping morale in your company high is critical to operating a successful small business. Whether you are operating a healthcare facility or a boutique shop, the energy of your employees will dictate a lot about how well your business runs. When your team is not motivated and excited about their day-to-day tasks, it can take [...]
When money is tight at your company, it can be hard to know how to reward your staff without pushing the boundaries of what your business’ pocketbook can handle. The good news is that there are plenty of affordable perks you can offer while your company is in the growth process or struggling with cash [...]
Odds are good that if you are running a small business or startup you have a solid list of key performance indicators (KPIs) that you track on a frequent basis. These KPIs are usually geared toward monitoring the health of your company, the projection of your future profits, and the performance of your team as [...]
In order to grow your small business or startup, you need to foster the right mentality in your workplace. Your entire team needs to adopt a growth mentality in order for your business to have the best chance at success. This type of thinking might not come naturally to every person in your company, which [...]
