Business Finance

How to reduce credit risk in your business

  If you own a business, then you already know that it is important to maintain good credit. In this article, we intend to educate...

Tips for better business cash flow management

New startups should fully understand that running out of money is one of the primary reasons that businesses fold shortly after launch. This article includes...

What is a Local Purchase Order?

What is a Local Purchase Order? In simple terms, a Local Purchase Order better known as LPO is a commercial document issued by a client...

The trade finance process explained

The trade finance process is the financing of exchange of commodities, finished goods and raw materials. It makes import and export transactions possible for entities,...

Difference Between Invoice Factoring and Invoice Discounting

Invoice factoring and invoice discounting are both asset finance types that help businesses release cash which tied in invoices. A funder can be a...

What To Do If A Bank Says No

When looking for a loan (a car loan, a mortgage loan, a personal loan), the first thing people think of is visiting their bank’s...

Top Mistakes in Applying for a Small Business Working Capital Loan

I often hear business owners, and individuals alike, say they have no idea why they are unable to get approved for a loan. They make...

What You Need to Know About Invoice Factoring

What is Invoice Factoring & How It Works Invoice factoring is a method in which a business acquires cash using an invoice their customer is due...

Must Read

Top 5 Business Loans Offered by KCB Bank

The Kenya Commercial Bank (KCB) introduced a number of business loans to meet the different needs of individuals across the country. The Business loans...

How to Get Business Loans in Kenya for Your Startup

Are you looking for business loans for your startup? Well, read on. On a live show on Bloomberg back in 2013, business mogul Mark...

How to Source for Funds for Your Startup Business

Millennials world over are moving away from the traditional 8-5 jobs to more interactive work culture. Start-ups are the new trend. Young people are becoming...

Difference Between an Angel Investor and Venture Capitalist

I have always interpreted VC as Vice Chancellor. Today I heard another interpretation of the abbreviation, Venture Capitalist. I laughed at the thought of...