Small companies face an uphill battle – buyers leverage long-payment terms on invoices and banks are often unable to give businesses the access to the funds they need. Large companies are demanding longer payment terms than ever before. 1. What actually invoice finance is? As an entrepreneur, you know that working capital (cash) is… Continue reading 4 things you should know about invoice financing loans.
What do you need to do to start a business? There are dozens of websites that have checklists to remind you of the many tasks you should perform when starting a business. Although such checklists are very useful because they help you remember important startup steps, they are just To-Do lists. They tell you what… Continue reading Tips for Starting and Succeeding in Your Own Business.
When you take out any type of small business loan, you’re putting your business’s reputation, profits, and credit score on the line. With a secured loan, the collateral that you submit is also at risk. However, unlike your reputation, profits, and credit history, you have choices when it comes to choosing the type of… Continue reading 4 types of business collateral used to secure loans
Supporting women-owned businesses makes all those dreams a reality for the owner and the community in which they serve, especially when considering the many obstacles women face in the workforce, like access to affordable child care and fair access to capital. At Red Oak Group, we pride ourselves in supporting Women-Owned business and here are… Continue reading 4 Reasons Why We Support Women Led Businesses