Small businesses need to manage their cash flow, and in times likes these, that's not so easy. If their customers fail to pay on time (or at all), they're left having to find a way to pay their employees and purchase their inventory until the cash comes in. Since for now banks are not cooperating with small business loans, many owners have resorted to business credit cards to carry them over the rough times. That's fine if things go smoothly, but beware--business credit cards are not as friendly as they used to be.
... Read More