SMB Compass Blog

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Most recent articles

factoring company for trucking

6 Benefits of Invoice Factoring for Your Trucking Business

When looking to start a trucking business, it’s crucial to have a strong cash flow.

Business line of credit for new business

Why New Businesses Should Apply for a Business Line of Credit

A business line of credit gives new business flexibility not available with a traditional business loan.

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.