Economy

It’s Not Our First Rodeo: How IOU Financial Prepared For The Current State of the Industry

Economy / By

We in the lending industry have a front row seat to the pain Small Businesses are facing every day, such as supply chain issues, overseas manufacturing issues, cost of goods compressing margins, and an overall slow down in certain market segments bleeding through ancillary segments.  While a recent survey conducted by IOU Financial shows that […]

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Should your business join the Better Business Bureau (BBB)?

Economy, Small Business Tips / By

Whether you are starting a business or have been in business for years, you are no stranger to the amount of sites, platforms, organizations, and more that want you to join their listings for site rankings, customer reviews and business accreditations. When considering the many options, there is one you should really focus in on:

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How Your Assets May Not Be Working As Hard As You Are

Economy, Lending Advice, Small Business Tips / By

Why A Cash Flow Loan is Better Than Collateral for Business Assets are the things your business owns. They include short-term ones, such as accounts receivable, cash, and inventory, and long-term ones, such as plant and equipment, intellectual property and goodwill. A business’s job is to convert assets into revenues and profits. If you are

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