While the Federal Government is shutdown, many small businesses are left in the lurch. The delay in processing the SBA’s 7(a) loans are leaving small businesses across Minnesota and the nation waiting for that desperately needed working capital to fuel their growth. The SBA has guaranteed over $300,000,000 in 7(a) loans in Minnesota through September […]
Is selling equity the best way to fund your business?
I love watching ABC’s Shark Tank and I am really excited to watch Season 5, which starts this Friday. Seeing the creative solutions that people dream up to mundane problems is really fun and exciting.
But the excitement about the product or service pales in comparison to […]
Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $200,000 factoring facility to a Minnesota-based commercial construction subcontractor.
Company Description and Needs
The minority, woman-owned, startup commercial construction subcontractor was in need of additional working capital to grow their business. The Company is well-positioned […]
Factoring facility to be used for growth
Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $10,000 factoring facility to a Minnesota-based commercial bakery.
The bakery had recently started selling to commercial accounts, and was in need of a temporary solution as they applied […]
This post is part of a series on a lack of working capital. You can find part one here and part three here.
A Lack of Capital Limits Your Hiring.
Oftentimes, the right employee comes along at the wrong time—when a business is strapped for cash. Adding an additional person to the payroll is usually the last […]
We had an wonderful time today at Brookview Golf Course. The weather was great, the golfers were having fun, and we were able to meet some people.
Thanks to the RMA Minnesota and MNCPA for hosting.
This post is part of a series on a lack of working capital. You can find part two here and part three here.
I’ve written previously about the importance of a business being adequately capitalized. The businesses that are still standing and the new ones that have started up since the Great Recession find themselves in […]
