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Preparing Your Business for a Tightening Economy

Preparing Your Business for a Tightening Economy

While businesses can make some moves to prepare for downturns, the truth is that sooner or later those who are not prepared have a much greater chance of failing than those who learn to roll with the punches and are ready for them. With that in mind, here are some ways to prepare for the upcoming economy.

Planning for Economic Renewal: How to Evaluate Your Capital Needs for 2021

Planning for Economic Renewal: How to Evaluate Your Capital Needs for 2021

As we close out the calendar year, many business leaders, analysts and entrepreneurs are beginning to plan for what we all hope will be a fresh season of economic renewal in 2021. Do you have the capital you need to make the new year your best yet? Here are some tips for evaluating your capital and ensuring you have enough to thrive in 2021.

Your Guide to Debt Service Coverage Ratios and Business Lending

Your Guide to Debt Service Coverage Ratios and Business Lending

As a business owner, you have to be obsessive about the amount of money your company is making. Ideally, your profit margin will be high, meaning you earn far more than you spend, which is known as positive cash flow. It can make a significant difference in your operational capabilities.

Business Lending: How to Keep Your Company Afloat

Business Lending: How to Keep Your Company Afloat

As a small business owner, you have many challenges to face every day. One of the most significant is ensuring that your company is financially stable. Unfortunately, while you may recognize the importance of being profitable, the current climate has made it increasingly challenging to navigate the marketplace. For many businesses that have previously tightened the belt during difficult times, borrowing to move through to better times has become a necessity, but not all loans are the same.

Let us know about your business and financing objectives.

New Market Commercial Funding
25550 Grand River Avenue
Redford, MI  48240
info@newmarketfunding.com
855-215-6092

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