Earlier this week, I linked a BNET article on our social media networks about the importance of small businesses for the economy. The statistics in the article reported businesses that had grown and ones that had not grown both applied for loans and the requests have been increasing. More importantly, this shows that small businesses have been “modestly, but noticeably, more bullish about the future.”
As we, and many articles we’ve linked before, have said, two things are certain: the economy needs small businesses and small businesses need a way to survive. Although a handful of factors are crucial to a business’s survival, none is more important than working capital. There isn’t a “one size fits all” solution. Businesses should explore which option best meets their needs. The source of working capital may change since the needs of a company changes as it grows, but no matter what stage, there are options. Have you considered what Far West Capital can do for your company?