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Funding A Growing Business

Business owners looking at pie chartsFinding the money to fund your growing business can be difficult. Follow these 5 tips to help you with funding your growing business:

  1. One way to fund your growing business is with a Small Business Loan. A Small Business Loan can help you with anything from purchasing real estate for your business, purchasing machinery or equipment, and even refinancing existing debt.
  2. For additional spending options, take advantage of CB&S Bank’s Business Credit Card. A business credit card can help your business get out of tight financial situations or help with an unforeseen cash emergency.
  3. Consider asking your vendors for a loan or line of credit… sometimes providers are willing to offer help to business owners if it means being able to continue doing business with them in the future.
  4. Maximizing cash flow is key to funding your growing business. Learn how to Maximize Your Business’ Cash Flow with some quick tips from CB&S Bank and check out our Cash Flow Calculator to help you determine the cash flow generated by your business.
  5. Be prepared for your business growth by making a game plan on how to fund it beforehand. Being proactive is one way to ensure that you will be able to finance your growing business when the time comes.

 

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