Right now the SBA is considering a new rule that would reduce existing fee caps by 50% for some loan facilitators, including referral and packaging services. While lower fees might sound like a good idea, it’s important to remember that those loan facilitators can be crucial to connecting small businesses in need of credit to…
About the Author
Ian Atkins
Ian Atkins brings over nine years of experience in personal finance and small business lending spaces and aims to put the most relevant and up-to-date finance information in the hands of small business owners.
Ian enjoys the great outdoors, brewing his own beer, and catching up on current events.
Trade Finance: Import & Export Financing
U.S. small businesses engaged in international trade are well acquainted with the additional financial risks of exporting or importing goods and services from foreign countries. From fluctuating currencies to the increased pressures of a global supply chain to the difficulty of determining a foreign partner’s creditworthiness. Trade finance offers a way to mitigate some of…
Drop Shipping Vs. Fulfillment Companies: What’s the Difference?
People often confuse Order Fulfillment Services and Drop Shipping or they incorrectly refer to them interchangeably. Much of this confusion comes from the fact that each involves a retailer looking for an outsourced fulfillment solution. Despite the similarity, the differences are significant. Understanding these differences is key to finding the right retail fulfillment solution for…
How to Manage Inventory Using Lightspeed POS
The power of a modern POS system comes from its inventory management capabilities. Harnessing those capabilities to manage inventory will save you tons of time and allow you to update your product count automatically in real time, automate purchase orders, dramatically reduce inventory shrink, increase sales efficiency and more. In this article, I’ll show you…