Archive for January, 2014
Small businesses are a sizable force in the American economy. They employ more than half of the American workforce, and 543,000 new small businesses join their ranks every month. While they’re busy keeping the American economy afloat, lenders are busy keeping small businesses afloat. A third of small businesses in the U.S. use loans to help them cope with unpredictable business conditions, and 38% use them to maintain inventory. Fortunately, there are a variety of types of business loans today that company owners can rely on to get them through rough patches. Let’s look at a few of the most common business loans today.
Accounts Receivable Financing
This type of asset financing arrangement allo
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