Flexible Financing Provides a Smooth Ride for this Amusements Manufacturer
Ascentium Capital Blog
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1M ago
When Robin Whincup started renting bounce castles for parties and events in 1985 in England, he didn’t imagine that 30+ years later his business would have expanded across the Atlantic and become one of the largest inflatable amusements manufacturers in the world. The genesis for this tremendous growth came in 1989, when Robin modified his popular surf simulator with a spin motor, allowing it to be used with a mechanical rodeo bull or any interchanging topper they could imagine. With that, Galaxy Multi Rides—and the Multi Ride system they are now famous for—was born ..read more
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Thriving Through Efficiency: Strategies to Reduce Small Business Expenses
Ascentium Capital Blog
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4M ago
In the competitive landscape of small to medium-sized businesses (SMBs), profitability hinges not only on revenue generation but also on diligent expense management. In this guide, we'll explore practical strategies for reducing expenses to boost profitability. These cost-cutting measures, backed by reputable sources, can help your SMB thrive in today's challenging business environment ..read more
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Stamp of Approval: How Flexible Financing Helped This Manufacturer Save Jobs and Expand Operations
Ascentium Capital Blog
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5M ago
Stever Locke, Inc. has a rich 77-year history producing metallic and non-metallic metal stampings for electrical applications, medical applications, and high-end industrial applications at their manufacturing facility in Honeoye Falls, NY. In 2018, the business was facing challenges and many in the community were concerned about a possible closure and the economic impact that would come along with it. One of those concerned citizens did something about it ..read more
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13 Strategies Smart SMB Owners Use to Optimize Cash Flow
Ascentium Capital Blog
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6M ago
Cash flow is the lifeblood of any company, especially for small to medium-sized businesses (SMBs). Properly managing cash flow is essential for day-to-day operations, growth, and long-term sustainability. In this comprehensive guide, we'll explore effective cash flow management strategies tailored to the unique needs of SMBs. Whether you're a startup or an established organization, these strategies will help you maintain financial stability and position your business for success ..read more
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Building a Robust Financial Risk Management Plan for Your Business
Ascentium Capital Blog
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6M ago
In the unpredictable world of business, financial stability and security are paramount. One of the key tools for safeguarding your business against unforeseen challenges is a well-structured Financial Risk Management Plan. In this comprehensive guide, we'll explore how to develop a strong financial risk management plan that ensures your business can weather storms, seize opportunities, and navigate complex financial landscapes ..read more
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Maximize 2023 Deductions with Section 179: Tips for Small to Medium-Sized Businesses
Ascentium Capital Blog
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7M ago
For small to medium-sized businesses (SMBs), every penny counts. One valuable tool at your disposal is Section 179 of the Internal Revenue Code. This tax provision allows businesses to deduct the cost of qualifying equipment and property in the year they are purchased, rather than depreciating the expense over several years. Maximizing your Section 179 deduction can significantly reduce your tax liability and free up capital for your business ..read more
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8 Essential Reports to Drive Operational Excellence in Small to Medium-Sized Businesses
Ascentium Capital Blog
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7M ago
In the fast-paced and competitive business landscape, small to medium-sized businesses (SMBs) must continually strive for operational excellence. Access to accurate and timely information is crucial for gaining insights into key aspects of the business and making informed decisions. In this article, we will explore the best types of reports that SMB management teams should utilize to enhance their operations and drive success ..read more
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Husband & Wife Entrepreneurs Hungry for a Good Sub Expand to 3 QSRs with All-inclusive Financing
Ascentium Capital Blog
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9M ago
Janette and Chris Hall’s success story started with a simple craving for a sub sandwich like “back home in New Jersey” after moving to New England. Newly retired and having grown up on oil and vinegar subs, the couple set out to open a shop of their own not far from home. In 2019, they started their business, South Coast Subs, Inc., and opened their first quick-serve restaurant (QSR) in Dartmouth, MA. Chris's background in commercial construction and Janette's operations and financial management expertise were a recipe for success ..read more
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Strong Relationships and Fast Access to Financing Drive Growth for this Woman-Led Towing Company
Ascentium Capital Blog
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10M ago
Eight years ago, Ascentium Capital believed in Burns Towing, providing financing that helped rebuild both her business and credit. Kris was able to catch up on balances and acquire a new tow truck. She shared her story with us back then in her first video testimonial. “Ascentium is one of those companies that took the leap of faith with me and gave me a chance to prove myself.” Kris Zachary—President & Owner, Burns Towing, Inc. Now, nearly a decade later, Kris sits with us again to discuss how her business has grown into new avenues and the part Ascentium Capital has played in her continue ..read more
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Former Delivery Driver Goes for the Gusto & Opens 6 QSR Locations with More on Menu
Ascentium Capital Blog
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10M ago
Augusto “Gus” Garcia began his successful business journey in 1999 as a delivery driver for Domino’s Pizza in Springfield, Massachusetts. With bigger plans on the menu, he worked his way up to management within the store, and then became part owner. In 2014 Gus was able to buy out his partners and become the sole franchisee of the Domino’s location, under his own company Springfield Pie, Inc. Amidst the Pandemic in 2021, this savvy entrepreneur expanded adding 4 more locations in Western MA when many other businesses were closing their doors. Determined to continue growing his franchisee netwo ..read more
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