All posts tagged: global business lending

Four Ways Not to End Up Like Sears

sears bankrupt, global business lending. open bankruptcy, merchnat cash advance

The bankruptcy filing of 142-year old-Sears should give all business men and women pause. They need to reflect on the state of their businesses to ensure their organizations are not headed for the same unpleasant fate.

Even in failure, there are important lessons to be learned so as to avoid the same undesirable outcome.

Sears found itself under-capitalized, a paucity of ready cash, over-leveraged with massive unsustainable debt, and with limited appeal to a young, fickle, tech-savvy consumer.

Unable to adequately address these three strikes, they filed for Chapter 13 bankruptcy reorganization.

It remains to be seen if they will re-emerge as a leaner more profitable institution.

TiffaniFour Ways Not to End Up Like Sears
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Microlending: Is That Like a Merchant Cash Advance?

thumb8When you think microloan, you may think of funding a small shoe store in Kampala, Uganda or a grocery store in Phnom Penh, Cambodia?

And, while that may be true, you may not realize that small businesses in the U.S. and Canada can qualify for something very similar. It’s called a merchant cash advance.

TiffaniMicrolending: Is That Like a Merchant Cash Advance?
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