Working Capital Essentials: Why It Matters for Business

Working capital serves as the lifeblood of any business, influencing its day-to-day operations and overall financial health. But what exactly is working capital? Simply put, it is the difference between a company’s current assets—such as cash, receivables, and inventory—and its current liabilities, like accounts payable or short-term debts. This metric is a key indicator of …

Build Strong Business Credit: A Step-by-Step Guide

Building strong business credit is critical to a company’s long-term profitability and growth. A strong credit history allows your business to obtain better financing, negotiate favorable terms with suppliers, and build trust with partners and consumers. Strong business credit also separates the company’s financial history from your personal financial history, protecting your credit score. Building …

Protect Your Business: Financial Risk Management Tips

Regardless of size or industry, managing financial risk is critical to the operations of any business. It describes the identification, assessment, and mitigation of financial risks that a business may face. These risks can include financial distress and market fluctuations, operational difficulties, and unforeseen economic developments. The goal of financial risk management is to protect …

Are You Eligible for Exeter Finance? Here’s What You Need to Know

When you’re in the market for auto financing, finding the right partner is key. That’s where Exeter Finance comes in. Known for supporting customers with a wide range of credit profiles, Exeter focuses on helping individuals and families secure financing for their next vehicle. Whether you’re new to financing or rebuilding your credit, understanding if …