June 2021

Although any industry can find itself in need of a loan to cover payroll, businesses or organizations whose revenues are tied to insurance remittances or government reimbursements are prime candidates to benefit from this funding strategy. While expenses, especially staffing costs, are regular and consistent, revenues for these industries can be slow-moving and generally unpredictable....

Managing cash flow is an issue for any company, but it is one that is perhaps most acute in the construction industry. Whether due to seasonality, unexpected change orders, payment retention, or slow-paying clients, cash flow is undoubtedly the most common pain point for construction business owners. In a recent survey conducted by TSheets and...

There are many causes for cash crunches in the retail industry, including seasonality, supply chain disruptions, stagnant inventory, and poor revenue projections. In my experience, one of the most overlooked causes is delayed receivables. Many small businesses, especially suppliers conducting business with larger corporations, structure their invoicing around extended payment terms (EPTs), with payment periods...