In today’s competitive landscape, having the right equipment can make all the difference. Whether you’re in logistics, manufacturing, dental/medical, or the restaurant industry, Gellyfish Commercial offers flexible and affordable equipment financing solutions tailored to your industry. This blog post provides an overview of how equipment financing works, its benefits, and how businesses in various sectors…
As interest rates hit new lows, there’s never been a better time to secure a commercial loan for your business. Whether you’re looking to expand, purchase new equipment, or simply need extra working capital, lower interest rates mean lower monthly payments and less financial pressure on your business. In this blog, we explore the various…
In the fast-paced world of small business and entrepreneurship, having a reliable financial partner can make all the difference. One of the most pivotal relationships you can cultivate is with your commercial lender. This relationship can provide not only financial support but also strategic advice and stability as you navigate the complexities of running a…
Securing funding is often one of the biggest hurdles for small business owners and entrepreneurs. Luckily, the U.S. Small Business Administration (SBA) offers a variety of loan programs designed to help small businesses get the financing they need to grow and succeed. In this blog post, we will explore the different types of SBA loans…
Nurturing a burgeoning enterprise holds immense potential, but it also demands capital, often in excess of what personal funds or organic growth can provide. This is when the gravity of securing a commercial loan becomes palpable. However, while funds from a lender can be a catalyst for growth, the application process is fraught with pitfalls…
In a world where financial choices are often made in the heat of the moment, emotional intelligence (EI) emerges as a beacon guiding us toward smarter, more considered decisions. But how exactly does understanding and managing our emotions play into the way we handle our finances? This blog explores the intricate relationship between emotional intelligence…
The regulatory landscape is constantly evolving, demanding effective compliance training for businesses. Here are key trends and best practices: Training Trends Focus on Microlearning: Shorter (3 to 25 minutes) digestible training materials that are rendered by various methods, can enhance engagement and understanding for different learning preferences. Interactive and Gamified Training: Interactive elements and gamification…
The lending landscape in 2024 is expected to see a focus on several key compliance trends. Let’s review some of the most important. Increased Focus on Beneficial Ownership: Authorities are intensifying efforts to identify the true owners (beneficial owners) behind companies and accounts. Expect stricter rules and enhanced Customer Due Diligence (CDD) to uncover beneficial…
Starting a business is a thrilling venture that promises new challenges and rewards. However, the path to entrepreneurship is paved with critical steps that can determine the future success of your endeavor. From ideation to the launch, there are several pivotal actions you must undertake to lay a solid foundation for your business. Here are…
Cash flow management is the lifeblood of any small business. It’s the process of monitoring, analyzing, and optimizing the net amount of cash receipts minus cash expenses. Effective cash flow management ensures a business can meet its obligations while planning for future growth. However, many small businesses struggle with cash flow issues, which can lead…
