One of our newest clients was in a rush – they called us Tuesday morning and needed funding by Thursday for payroll. The Client does fiber optic installations for local telecoms and prime telecom contractors. The Client’s business had almost doubled this year which caused a cash crunch. Because the business was young and growing […]
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 […]
As technology becomes a growing component of small business’s infrastructure, the risks are also growing. Here are a few ways to better protect your small business.