SBA 504 loans offer excellent financing opportunities, but the SBA prepayment penalty 504 loans feature can cost borrowers thousands when they want to pay off their debt early. We at Silver Crest Finance see many business owners surprised by these fees, which can...
It’s a moment every restaurant owner knows and dreads: a vital piece of kitchen equipment grinds to a halt during the dinner rush. Do you dip into your emergency cash, or put a stop to your growth plans? This is exactly where equipment financing for restaurants...
So, what exactly is revenue based financing? Think of it as a way to get cash for your business now, in exchange for sharing a small slice of your future sales with an investor. Forget everything you know about traditional loans—there are no fixed monthly payments...
Ever seen "Net 30" on an invoice and wondered what it really means? Put simply, it’s a notice that the full payment is due within 30 calendar days from the invoice date. It’s essentially a short-term, interest-free loan you're giving your client. This...
Cash flow challenges hit businesses hard when customers delay payments for weeks or months. Invoice factoring online offers a fast solution by converting unpaid invoices into immediate working capital. We at Silver Crest Finance see companies transform their...
A factoring agreement is pretty simple when you break it down: it’s a deal where you sell your unpaid invoices to a specialized finance company, called a factor. Instead of waiting 30, 60, or even 90 days for your customers to pay up, you get a large chunk of that...
Calculating your operating expenses is all about adding up the costs of keeping your business running day-to-day, separate from what it costs to actually make your product. The formula itself is simple: Operating Expenses = Cost of Goods Sold (COGS) + Selling,...
So, what is the break-even point? At its core, it’s the magic number where your business isn't losing money, but it isn't making any profit either. You've sold just enough to cover every single one of your costs. Think of it as the moment you can finally...
Securing capital is often the most critical hurdle for any entrepreneur. Whether you're launching a disruptive startup, scaling operations for your service company, or managing seasonal cash flow, the right financial backing is the lifeblood of your business. But...
Transportation companies face a common challenge: waiting 30 to 90 days for invoice payments while covering immediate expenses like fuel, maintenance, and payroll. Freight invoice factoring offers a direct solution by converting unpaid invoices into immediate cash. We...
Think of your accounts receivable turnover as a speedometer for your company's cash. It tells you exactly how fast you’re collecting the money customers owe you. A high turnover is a great sign—it means cash is flowing back into your business quickly and...
If you've ever sent or received an invoice in the business world, you've probably seen the phrase "Net 30." But what does it actually mean for your business? Simply put, Net 30 means the full invoice amount is due within 30 calendar days from the...
So, you need a critical piece of equipment to grow your business, but the price tag is making your bank account sweat. Don't worry, you're in good company. This is exactly why leasing business equipment can be such a powerful move, giving you access to the...
Invoice factoring rates in the UK vary dramatically between providers, with some businesses paying 3-5% while others face charges exceeding 8% of their invoice value. We at Silver Crest Finance see many companies struggle to find competitive rates because they...
Think of accounts payable and receivable as two sides of the same coin. One side is the money you owe (payable), and the other is the money customers owe you (receivable). Getting the balance right between paying your bills on time and getting paid promptly is the...
Managing your accounts payable and receivable is all about a delicate balancing act. On one hand, you have the money you owe suppliers; on the other, you have the money customers owe you. This isn't just about bookkeeping—it's the strategic core of your...
At its core, managing accounts payable and receivable is all about controlling the money moving in and out of your business. You’ve got what you owe your suppliers (accounts payable, or AP) and what your customers owe you (accounts receivable, or AR). Getting a handle...
Managing your money in and out—your accounts payable and receivable—is all about strategy.It's the a constant balancing act between the money you owe suppliers (payable) and the money customers owe you (receivable). Get this right, and you control your cash flow....
Controlling your accounts payable and receivable is all about managing the money flowing out to your suppliers and the cash coming in from your customers. Getting these two things right isn't just a "nice to have" accounting task—it's the single most...
Getting a business loan often boils down to one critical document: your proposal. This isn't just about filling out forms; it's about telling a convincing story that proves your business is a smart, safe bet for a lender. To get the green light, you have to...
