Image credit: Sonny Ross How you apply and get approved for a business loan has radically changed, here’s why: If cloud...
One of the financial ratios that every small business owner should understand is the debt-service coverage ratio when applying for a business loan. What is it & why it’s important? The debt-service coverage ratio (DSCR), sometimes called the debt coverage ratio (DCR), is the ratio of cash a business has available or left over each [...]Team Waddle
Business loans can be tricky, especially when quoted interest rates don’t include all the fees and charges. When you’re shopping for a new business loan online it’s very easy to get bamboozled by all the terms lenders use like APR, RR, PA, PM etc. The most important one to look at is the APR. What exactly is an “Annualised Percentage [...]Team Waddle
Could you benefit from eliminating cash flow gaps in your business? There are only two things that stop a business from freely growing without constraints, slow paying customers and having clear insight into what cash is due to come in. Businesses that deal on credit terms (you invoice customers and wait for payment) understand how [...]Team Waddle
The trillion dollar receivables lending market get’s boost from “cash on demand” online lending platform. Surry Hills, NSW Australia – Waddle’s receivables based lending platform has uncovered an enormous opportunity to deliver data-driven innovation to a critically broken market by leveraging the data aggregated [...]Team Waddle