Invoice factoring allows businesses to improve cash flow by selling unpaid invoices to a lender at a...
A commercial line of credit provides businesses with flexible, revolving funding allowing easy access...
The SBA 504 loan is a specialized financing program designed to help small businesses purchase or refinance...
The SBA 7(a) loan is the U.S. Small Business Administration's primary and most flexible loan program,...
An affiliated group consists of U.S. corporations connected through 80% or greater stock ownership by...
A controlled group refers to multiple businesses owned or controlled by the same person(s), which the...
First-In, First-Out (FIFO) is an accounting and inventory method that assumes the earliest purchased...
Last-In, First-Out (LIFO) is an inventory accounting method where the newest inventory items are assumed...
Cash basis is an accounting method where income and expenses are recorded only when cash changes hands,...
The accrual basis is an accounting method where income and expenses are recorded when they are earned...