Small Business credit_small.jpg  Credit is at the heart of every successful small business.  Both accessing credit from suppliers and lenders and providing credit to customers are crucial small business management tools.  Here you will find information on how to manage your own credit policies as well as how to figure out what credit products are right for your business.
Four tips for raising business capital 20 August, 2012
While most businesses in need of funding would simply approach a bank with a loan application, the process of securing the right kind of funding for your business requires the investment of a little more time and effort. Read on for four tips for raising  business capital.
Applying for a credit license 06 July, 2012
If you've already  developed and implemented your credit policy, you can start to apply for a credit license. Here are some of the things you should be aware of before you commence your application.
Turning your credit policy into action 29 May, 2012
A credit policy that stays on the shelf is destined to fail  - bringing it to life is essential to success. Read on to find out how you can start implementing this policy through the four C's of credit management.
Determining your level of risk when extending credit 24 April, 2012
Once you have decided to offer credit, the next question becomes one of who you provide that credit to and how you can do so. Part Two of the credit management series shows you how to determine your risk when  drawing up a credit policy.
Developing a credit policy 19 April, 2012
There are many advantages to developing a credit strategy, but one of the most important reasons is that it can help you learn more about your key customers and build loyalty. Read on for more information on the advantages of extending credit for the first time.
What to do when you can't pay all your creditors 14 December, 2011
During an economic downturn, liquidity problems often arise if sales or revenues lag before you have a chance to ratchet down expenses. So what do you do and how do you prioritise who to pay? Here are some simple rules to help you when you can't pay all your business creditors.
Five things to consider before applying for a loan 09 December, 2011
At some point in the life of a small business, it is inevitable that a loan is needed to inject additional funds for the sake of growth and expansion. It is crucial to understand how to go about securing a successful loan to avoid falling into a spiral of bad debt that can harm your cash flow cycle. Here are five steps you should consider before approaching a lender.
How to find the perfect small business loan 17 November, 2011
As a business owner it is easy to become overwhelmed by the types of lending tools available, but the good news is there is probably a loan that meets your specific business needs. By matching up the type of loan to the asset being financed, you can ensure that the loan you choose is appropriate to the business need you are trying to meet.
How to prepare a successful financial presentation for lenders 09 November, 2011
In the post-GFC world of business credit, small businesses must be extra diligent when preparing their loan requests, particularly when banks have tightened their underwriting standards. Here's how you can prepare a financial presentation for your lender in order to successfully secure business financing.
Five phrases to use with your credit provider 04 November, 2011
It is inevitable that businesses will experience a downturn at some point of time, but it is important not to portray your company in a negative light to your credit provider. You should always choose your words carefully when in consultations with your banker- here are five phrases to use when times are tough..

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