LJA Financial

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How small businesses plan to prepare for a recession 03/13/2023

Alternative revenue streams, such as lines of credit, may help your business stay afloat during a recession.

How small businesses plan to prepare for a recession The U.S. economy may be approaching a recession. Small businesses can prepare with five strategies compiled by altLINE from news and industry sources.

Bank Line of Credit - Definition, Types &Pros & Cons Reveal 03/10/2023

Understanding a business line of credit:

Bank Line of Credit - Definition, Types &Pros & Cons Reveal A bank or financial organization's line of credit is a variable loan. A line of credit is a fixed amount that you can borrow as needed and then repay.

yahoo 03/10/2023

"Looking for a solution to business cash flow issues? If your company uses invoices to get paid, you may be able to use invoice factoring to help solve your problems."

yahoo

Business loans could keep flowing as interest rates rise - Phoenix Business Journal 03/08/2023

"Despite their climb, rates are still below norms and borrowing costs are reasonable from a historical perspective."

Business loans could keep flowing as interest rates rise - Phoenix Business Journal Though a reason for caution, today’s rising interest rates may not stop businesses from borrowing. Despite their climb, rates are still below norms and borrowing costs are reasonable from a historical perspective.

03/06/2023

Can approval rates change simply because your bank is undergoing or anticipating a compliance review? Researchers at DePaul University have compiled preliminary thoughts on the matter. This is a primary reason we work with bank and non-bank lenders to shorten the time and increase close rates. https://bit.ly/3YmdXJE

03/04/2023

Leasing and financing used to be a binary system, but with more options comes more nuance. Dig in to the impact of your choices within the uniform commercial code. https://bit.ly/3YmS5xX

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