Commonwealth Capital, LLC is pleased to announce it has been selected to provide invoice factoring to a new Temporary Staffing Agency in Minnesota. While the Company is new, the management has many years of experience in managing staffing firms.
Why The Temporary Staffing Agency Wanted To Factor Its Invoices
As the Company has grown and added new […]
Commonwealth Capital today announced it has provided a $700,000 invoice factoring facility to a Food Processing Company in the Upper Midwest. Commonwealth was referred to the Company by a community bank, which is providing the Company with a large line of credit and cash management services.
The Company is currently in high-growth mode and was in […]
Commonwealth Capital, a Minnesota-based provider of invoice factoring, today announced it has provided a $80,000 factoring facility to a growing provider of information technology. The Company, based in Minneapolis, serves large corporations, as well as government entities. The working capital generated from factoring will allow the company to stay current with its vendors and payroll […]
I previously wrote about alternative options that entrepreneurs can use to fund their business instead of selling equity. Today I’d like to look at a specific example from the Shark Tank that could have allowed a business owner to keep 40% of his business.
My favorite example of this is St. Paul native Rabbi Moshe Weiss […]
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 […]
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 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 […]
