When people talk about sustainability and corporate social responsibility (CSR), the term “ESG” often comes up. This isn’t surprising as they are interconnected frameworks for responsible business. ESG stands for Environment, Social, and Governance. Unlike sustainability and CSR, which are more philosophies or end-goals, ESG involves something more tangible: data Read more…
When you hear the word “lending,” the image that typically comes to mind is that of a term loan. You borrow from a bank, they check your credit history and cash flow, and if approved, give you a lump sum that you have to repay in regular installments over a Read more…
There was a time in the past when you had to walk to your local bank and get approved for a loan in order to start a business. That’s not always the case today, thanks to the emergence of alternative lending. You see this shift worldwide. More and more borrowers Read more…
Having debts isn’t necessarily good or bad. Many consider it a convenient business tool at their disposal. Getting a loan has its benefits, such as increasing cash flow and ensuring business continuity or becoming a lifeline that keeps the business afloat. However, when unexpected events throw a wrench at your Read more…
Cash flow problems hit businesses when they least expect it. One day you’re planning expansion, the next you’re scrambling to cover payroll while waiting for invoices to clear. Asset-backed loans offer a lifeline, but they’re not right for everyone. Cash flow, or the amount of money coming in and being Read more…
The terms “price optimization” and “profit optimization” might seem synonymous at first glance, but they are not. Pricing optimization is a financial strategy that many businesses employ in order to draw out the most financial gain from their operations. Meanwhile, profit optimization is a financial strategy that businesses use when Read more…
First dates—Sometimes, they are memorable, and on some occasions, we wish we could just skip and bury. This is how we can associate reality with cloud optimization: a hit or a miss. It all depends on how you manage and respond to it. You know that awkward feeling during your Read more…
A small business owner has been running a local bakery for over three years. Her sales are steady with positive feedback from her customers. This year, she’s planning to expand her operations by adding a second location. With this in mind, she then applies for a traditional bank loan to Read more…
Businesses often feel the impacts of a recession in different ways. For instance, manufacturers might not be shipping out their inventories as fast or as much as they want, which leads them to slow their production. Because of low consumer demand, they might not be able to get back a Read more…