Posts Tagged: asset-based lending

Grab-and-Go Accents Illustrate Demand for Easy, Inexpensive Home Goods

Home goods

When shopping for furniture, bedding, rugs and home decor, modern customers want their items quick and they want them cheap. In general, shoppers aren’t visiting multiple showrooms to make comparisons before custom-ordering a room full of furniture and then waiting months for delivery. Today’s shoppers pick up occasional pieces and grab-and-go items like accent chairs… Read more »

Looking for Working Capital? We Can Help.

You need cash to run your business. At times, you might find yourself a little short on reserves. As you know, things come up. A new employee is hired. A piece of equipment is added. Rent and warehousing bills are due. Business owners sometimes need a temporary boost to sustain these operations. A financially stable… Read more »

Trucking Companies Build Agile Delivery Systems in the Age of Uber

Thanks to Amazon Prime and other door-to-door delivery services, the consumer’s general expectation is that orders should move ultra-quickly. The transportation and shipping industry is making necessary adjustments. In many ways, they are adjustments of scale. That is, trucking companies that are best equipped to deal with urgency may be the little ones—those with just… Read more »

Equipment Loan vs. Equipment Lease: What Makes Sense?

Getting the tools you need for business should not leave you cash-strapped. Equipment financing can equip your business for success by keeping working capital in your hands. Paying cash for a piece of machinery requires paying in full before the machinery is productive and able to contribute to your revenue. Whether you choose to finance… Read more »

Asset-Based Lending vs. Factoring: What’s the Difference?

Small-business owners with non-traditional working conditions may also require non-traditional financing. Standard bank loans suffice for well-established companies with well-established revenues; but not all companies operate in a stable market. Consider someone in the staffing or apparel business who has cyclical periods based on the season; or a startup company with secured clients, but without… Read more »

Crestmark Helps U.S. Manufacturers

The U.S. manufacturing sector represents 30 percent of Crestmark’s clients, according to Dave Tull, Crestmark founder and CEO. In Crestmark’s 20-year history, it has provided financing to scores of American manufacturing companies – often those that could not get funding from traditional banks. Crestmark is helping manufacturers from a range of industries get the funding… Read more »

How Much Is Enough to Borrow for Your Business?

When you’re struggling with meeting the financial demands of your business, you may need access to capital. Whether you’re a newer business or you’ve been established for quite some time, a shortage in cash flow can hinder your operations. It’s important to decide exactly how much you need to borrow when you’re worried about making… Read more »

What Type of Lender is Right for My Business?

When business owners or executives first realize the need for working capital, it can be difficult to know where to start. People often ask, “Should I call my local bank? What about non-traditional lenders? What’s the difference between the two?” We hear this all the time, and wanted to provide a resource to help! We… Read more »

Crestmark Featured in ‘The Secured Lender’ Magazine

Asset-based lending and staffing agencies make good business partners. It’s something that we’ve known at Crestmark for quite some time. The Commercial Finance Association’s “The Secured Lender” magazine recently featured Crestmark’s West Division President, Pat Haney, and East Division President, Steve Tomasello, in an in-depth look at how and why staffing agencies and asset-based lending… Read more »