It was just bad timing that funds coming in from the collection was a week away from when the company needed funds to pay for the brand new replacement to the printing equipment. Good thing the company already anticipated the need for unsecured business loans. It saved the day for them! The printing equipment came in time for the rush project the company took on.
If your company needs instant funds, make sure to consider getting an unsecured business loan. No need to put up any of the company assets as collateral. Sure, interest rate and monthly payment would be higher but if your company needs one as soon as possible, I do believe that this is good option to look into.
I am an accountant, a CPA. I'd been working for 10 years as a corporate rat when I decided to quit. I am now working at home as a consultant and full time blogger.
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