SMB Compass Blog

Check out the latest industry news and trends

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Most recent articles

Finance factoring

6 Most Common Industries that Benefit from Invoice Factoring

Finance factoring, or invoice financing, is the process of selling pending invoices to a factoring company at a discounted rate.

business invoice financing

The Pros and Cons of Business Invoice Financing

Contrary to popular belief, business invoice financing is not a business loan

factoring finance

3 Things You Need to Do When Applying for Invoice Factoring

Are you in need of extra cash to add to your business’ working capital?

farm loan

4 Tips to Secure a Farm Loan for Your Farming Business

It’s no secret new farmers may have a hard time qualifying for a farm loan.

medical business loan

5 Steps in Preparing for a Medical Business Loan

There’s nothing more fulfilling than finally becoming the boss of your trade.

business credit score

6 Proven Ways to Improve Your Business Credit Score | SMB Compass

Maintaining a strong credit score is important if you’re planning on applying for a small business loan.

lease equipment

5 Reasons Why It’s Better to Lease Equipment | SMB Compass

Many business owners want to modernize their equipment in order to keep up with the competition.

supplier financing program

How the Supplier Financing Program Works

The supplier financing program falls under supply chain financing, also known as reverse factoring.

landscaping loans

Landscaping Loans for Landscaping Businesses | SMB Compass

When looking to expand or grow your landscaping business, you’ll definitely need cash – and a lot of it.