Fiscal Fuel for Small Businesses
The Fight Right now, in the US Small Businesses are in a fight for their lives. No, I am not overdramatizing for affect it is a fiscal fight for most Small Businesses to keep their doors open. These are the businesses all around you that carry the goods and services you have grown to depend on. The small family restaurant down the street, the CPA you trust and rely on, and many more. We all know of at least one business we loved that has recently shut the doors in our community. It is mostly because the Fiscal Fuel ran out and there was nowhere for that Business Owner to turn for help, at least that they knew of. 80% of our friends and neighbors who own Small Businesses can’t just run down to the bank and get a loan to keep up with the ever-changing Fiscal Landscape in the United States. It has nothing to do with Credit Score in most cases, generally speaking it is about collateral. The local bank typically needs to retain assets to ensure repayment of the loan. These assets ...