Many businesses find it difficult to maintain a healthy cash flow. One reason for this is having clients who don’t pay their bills promptly. Pressuring customers to pay is always a little tricky. You want to maintain a cordial business relationship. At the same time, you need to get paid so you can meet your own obligations. Here are five ways to get paid faster and enjoy better cash flow for your business. Read more
More than Half of Small Businesses Planned to Grow in 2018
Are you planning to grow your business? If so, you’re far from alone. Currently, many small businesses are feeling expansive and optimistic about the future. A recent study by TD Bank found that more than half of all small businesses planned to grow in 2018, a seven percent increase from the previous year. The businesses surveyed include many diverse industries including real estate, healthcare, IT, finance, manufacturing and many others. Read more
Riviera Finance Attends Bakken Oil Show in Williston
Riviera Finance was an exhibitor at the Bakken Oil & Products & Services Show on October 3-4. The event was attended by companies in all sectors of the oil industry. Riviera is a regular attendee due to our experience providing working capital to businesses in the oil & gas industry for almost 50 years. We enjoyed visiting with many of our clients in the Bakken region and learning about the new technologies in the industry. We left with a have a high level of respect for the companies and individuals working in the Bakken territory. Read more
Tax Benefits for Small Businesses That Donate to a Charity
If you decide to donate to a charity, you can enjoy several business benefits. First of all, you get the satisfaction of knowing you’re supporting a worthy cause. Second, you enhance your business’s reputation in the eyes of your customers and the general public. Finally, donating to charities can mean tax benefits for small business. In order to maximize these advantages, however, you need to follow certain guidelines. Read more
Are You Waiting Until the 2018 Elections to Apply for a Business Loan?
The upcoming elections in the United States are more contentious than usual and every day we see stories about tight races and accusations made against one candidate or another. Whatever your political views, there’s no question that elections can have a strong impact on the economy. This is especially important if you apply for a business loan. Read more
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