Three Ways to Increase Cash Flow for your Small Business
business trainingNews
December 24, 2018

Three Ways to Increase Cash Flow for your Small Business

Business owners still believe cash flow is a top concern. In fact, a study published by Capital One suggests that cash flow is a concern keeping small business owners up at night. While this might seem shocking since small businesses…
Read More
business trainingGrowing Companies
December 7, 2018

Seven Starter Steps to Organize Your Small-Business Finances

Going into business for yourself is a big deal. There’s always a long to-do list and if you’re not making money, your business is more of a hobby. Properly managing and organizing your small-business finances can contribute to the success…
Read More
FACTORS STEPPING INTO THE SHOES OF TRADE FINANCE BANKS
Factoring
October 22, 2018

FACTORS STEPPING INTO THE SHOES OF TRADE FINANCE BANKS

I am a Seasoned Banker that was trained in New York City. My first job was at Midland Bank from the U.K. that was later acquired by HSBC. Purpose of this article is to comment on the various products that have emerged…
Read More
News
September 19, 2018

How to Protect Your Business From 5 Big Tax Scams

Small business owners are a hard-working and busy bunch—which makes them ideal targets for unscrupulous tax scammers. Tax scams can strike at any time of year, not just at tax season. Fortunately, taking some simple precautions can help protect your business from…
Read More
Factoring
September 19, 2018

Is Invoice Factoring Right For Your Small Business?

If your business, like many others, has outstanding invoices and slow-paying customers, you don’t have to be stuck without cash flow. Invoice factoring — selling unpaid invoices to a factoring company in exchange for immediate cash — could be the answer…
Read More
Entrepreneurs
September 19, 2018

Seven Entrepreneurs Reveal How They Scaled Their Business

In every successful entrepreneur’s life there comes a breaking point: When you either must clone yourself, bury yourself under the covers until all your clients disappear… or scale your business. The first two aren’t great solutions, but the third is tried…
Read More
News
July 17, 2018

Supply Chain Finance for U.S. Importers.

Importer of frozen fruits in Florida stretches its payments to 90 days to its overseas suppliers A company in Florida with over $40M in annual sales approached Summar for its expertise in supply chain finance. The company who is a…
Read More
Success StoriesSupply Chain Finance
July 5, 2018

Automotive Parts Importer Complements Growth With $500,000 Supply Chain Finance Line

Our client is a Southeast based importer of OEM parts and batteries for the Automotive industry. The company nearly doubled its sales from year to year making it challenging for the bank to continue increasing their existing line of credit. Their…
Read More
FinanceNews
July 5, 2018

US truck pricing power forecast to last into 2020

US shippers would welcome a break from relentlessly high truck pricing during the dog days of summer this year. But those dogs aren’t barking yet. US shippers would welcome a break from relentlessly high truck pricing during the dog days of…
Read More