Crestmont Capital Blog

A Trade Reference is a report detailing the payment history between a business customer and its supplier or vendor. Trade references may be supplied verbally, in the form of a trade reference letter, or by reporting payment history to commercial credit reporting agencies such as Dun & Bradstreet, Experian or Equifax.

If you run a small business, there are many financial advantages that come with it. In this post, we will talk about several ways that having a small business saves you money.

Cash flow for a business is important but it does come with plenty of problems. Cash flow problems can happen to any business at any time and when they are not managed properly or addressed, they can be detrimental. According to statistics, over 80 percent of businesses fail do so because of cash flow management problems.

Running a business is no easy task. In fact, many businesses do not make it past the five-year mark. Staying in business request a lot of work and if you want your business to be always making a profit, you need to improve your business efficiency. In this article we discuss four strategies to help make your business more efficient.

Customer loyalty measure how likely existing customers will do repeat business with your company. Each industry has its own way of measuring customer loyalty, the simplest way is reviewing existing customer's lifetime purchases in your database.

If you are having trouble meeting your monthly payment obligations, your best strategy might be to refinance your business loan. A loan refinance is different from loan consolidation in the following ways:

If you are looking for a business loan, be sure to ask about prepayment penalties. A prepayment penalty, also known as a “prepay”, is an agreement between a borrower and a bank or other type of lender that regulates how much of the loan a borrower is allowed to pay off and when.

If you are launching a small business, you might be tempted to jump right in without a plan first. There are steps that you can take to get more organized and efficient no matter where you are in your business. In this article we will discuss 15 tips to help you get on track and ready to succeed.

Digital marketing is a great opportunity for small and large businesses looking to increase revenues and profits. In today’s post we will explore some digital marketing channels your business should be using to grow.

There are many advantages of using automation for your business. It can help reduce your need for human labor that is known to waste about 20 hours a week on tasks that are essential. Automation provides various benefits such as increasing your business’s effectiveness and efficiency, automation provides various other benefits, including accurate and insightful data and savings on overheads.