At this year’s joint factoring event co-hosted by the New York Institute of Credit (NYIC) and the International Factoring Association (IFA), panelist Ed Stucky, President, CEO of Republic Capital Access, shared how his firm has overcome some of the barriers in winning new business with FactorAdvantageSM. To listen to Ed talk…
2018 Summer Milestones
Breakout Capital’s third anniversary last month included many milestones, events, and celebrations. Breakout Capital nearly doubled in size within the last 6 months to keep pace with our lending and technology development growth. After having month over month sales growth through the first two quarters of 2018, Breakout completed a…
Hear from our latest SBA Loan Graduate
The number of small businesses Breakout Capital has helped graduate to SBA Loans increases every month. June was no different. Read below to hear the details from our latest graduate, an interior design company that chose to remain anonymous. When did you start your business? It got started in 2011,…
Does a Cash Advance or a Loan Make More Sense for My Business?
This is a guest post by Sara Amato, Lendio. When your business is strapped for cash, it’s stressful. And though there are a host of options for borrowing the money you need, there are also a host of factors to consider. How do you know which type of financing is…
Customer Spotlight: Pop Your Pup
We recently spoke with Carmelo Mastrangelo, one of the founders of Pop Your Pup, a popular website for animal lovers, founded on and driven by keeping their customers happy and excited with products they will treasure for years. Read more about how Pop Your Pup started, and how Breakout was…
Customer Spotlight: Apex Home Energy Savings
Apex Home Energy Savings helps homeowners get the most savings on their energy costs by reducing heating and cooling bills by specializing in heating & air conditioning design and installation, geothermal, solar panels, insulation, solar attic fans among other products and services. Their footprint has expanded over the years, and…
Customer Spotlight: Pilgrim Power Sports
Pilgrim Power Sports in Plymouth, Massachusetts has served the local race communities of Plymouth, Cape Cod, and the South Shore of Boston for over 14 years. They are a local business staffed with knowledgeable employees who have a passion for racing…and race what they sell. With over 75 years of combined experience, the…
5 New Year’s Resolutions for Small Business Prosperity
The New Year often brings renewed enthusiasm for evaluating the progress of your small business and implementing new processes to ensure future success. For 2018, we’ve compiled a list of opportunities to help you take your small business to the next level. 1. I Will Improve My Cash Flow Cash flow is the…
Test Your Small Business Borrowing IQ
Breakout Capital is committed to responsible funding. We believe it is better for you to keep your business and grow it responsibly than set it up to fail with insurmountable debt. We’ve developed a quiz for small business owners to test their borrowing IQ. Our goal is to raise awareness…
Tips for Managing a Seasonal Small Business
If your small business is in an industry that deals with fluctuations in demand from season to season, you need to develop skills and smart business practices that allow you to remain profitable during off-seasons or periodic slowdowns. Whether the dips are a result of lower customer demand or supply…
Load More
