Blogs

Every business owner’s story is unique, yet many will reach a point where they ask the same question – how can I help my business grow? Sometimes the answer to that question is a loan, and knowing ahead of time what lenders will look for can help you simplify the process and secure financing faster. A business loan or line of credit could enable you to take on larger projects and manage business growth, while maintaining positive cash flow. Bankers want to know your plans for financing, followed by what your aspirations are for growing your business. Bankers also consider the “Five C’s,” which...

With a storied history as one of the premier furniture manufacturers in the world and more than 1,600 global associates, the publicly traded furniture company needed a financial partner with the strength and agility to support fast-paced growth opportunities. "It’s their people, their integrity and their character—that’s what they bring and what sets them apart." —Chief Financial and Operating Officer, Furniture Manufacturing Company Like most organizations during the pandemic, difficult decisions had to be made within the company to remain durable, including cutting non-core business lines...

As the global economy enters a post-Covid age, rising inflation rates have QSR franchisees on edge. As unpredictable labor shortages and supply chain bottlenecks abound, QSR franchisees need to rely on the wisdom of their most trusted financial partners to weather the storm. Find out what realistic business strategies QSR franchisees can employ to combat rising inflation, labor shortages, and shipping costs in a highly competitive food service market. Keeping business strategies current is vital to survival today more than ever. The modern age champions rapid convenience at the lowest price...

The trucking industry is short-handed and the need for alternative solutions is at an all-time high. Rising fuel prices and inflation rates have only exemplified the need for electric semi-trucks and autonomous vehicles. Experts believe the self-driving future is just over the horizon—so now is the time to prepare. Rising fuel prices and inflation rates have only exacerbated the need for electric semi-trucks and autonomous vehicles. Such vehicles used to be in the realm of science fiction, but breakthroughs in AV technology are turning fantasy into reality every day. Today, several well-known...

There’s never been a more challenging time for food inventory management than the period we’re in now. With an increased focus on health and traceability, customers now want to know your supplier and your supplier’s supplier. As inflation, supply chain issues, and labor shortages continue to drive up the cost of food—especially fresh produce—business leaders must consider every avenue to strengthen their supply chains. As the country continues to move beyond the tumultuous two-and-a-half-year pandemic, many lingering issues still hinder our return to normalcy. American business leaders of all...