Entries by Robert Gloer

Quick Ways To Boost Your Business Credit

Most businesses require credit and loans to operate as efficiently as possible. This is especially true for small businesses, which frequently have insufficient working capital. To boost working capital, a business can: Take out a loan, cash advance or revolving credit line from a lending institution. Issue notes and bonds, although this can be a […]

5 Things Small Business Owners Need To Know This Fall

Internet Security The current hot topic in business at the moment, internet security tops the list of important things small business owners need to know this fall. As we discussed in Protecting Your Business and Customers From Data Breaches, taking stock of your current technology and upgrading to prevent breaches is a must. Add virus and malware […]

5 Ways To Attract Customers To Your Retail Store

Maintain an attractive storefront People do judge books by their covers, and when passing a store that is new to them, most will decide whether or not to enter based on its appearance. Although you may not have total control over the storefront’s appearance (as a franchisee, or a mall resident), there are some simple ways to work […]

Protecting Your Business and Customers From Data Breaches

With the abundance of security breaches recently, internet and data security should be at the top of your list – not only for the safety and privacy of your business, but for that of your customers. Stay Safe Online, powered by the National Cyber Security Alliance, offers the following tips on protecting your small business and […]

The Current State of True “Small Business” Lending

Last month, a subcommittee on Economic Growth, Tax, and Capital Access held a hearing titled, ”Where Are We Now? Examining the Post-Recession Small Business Lending Environment.” As I listened to witnesses explain to our policymakers the current state of small business lending in our country, I realized just how deep the REAL problems are. For […]

Bridging the Gap Between Banks and Online Lenders

I recently participated on a panel with several bankers during the PayNet event in Chicago, so this article in American Banker about banks needing a strategy around small business lending was especially interesting to me. Its author, Andy Peters, brings up a good point that has also been discussed around our office for years: Where is the bridge in the gap […]

Small Business Owners Find Alternative Solutions For Capital

A recent USA Today article featuring IOU Financial examined unconventional lending sources for small business. Even for healthy businesses, those with positive cash flow and strong financial history, getting loan approval from a traditional bank is difficult. Whether the size of the loan is too small or the cost to process and fund it is too expensive, there is […]

3 Things You MUST Know Before Seeking Business Capital

No matter where you get your loan, there are certain variables that determine whether the loan is good or bad for your business. The good news is that if you consider these variables,  you will be educated and make the right loan decision that fits your business needs. When you are ready to apply for a […]