Why Not To Use Personal Credit For Your Business

Credit is extremely important. It helps many aspects of your business, especially with cash flow. But the differences between Personal and Business credit are numerous, and when thinking about using your personal credit to help your business, you should think twice before acting. Personal Risk Associated With Business Performance When [...]

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How To Prepare Your Business For Rising Interest Rates

Navigating your own personal financial world is a tough task. Not to mention keeping your business’s finances in order being an exponentially more complicated endeavor. What about the changing financial world around you and your business? When the federal government changes its approach, it affects many different aspects of overall [...]

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Leasing Benefits for Business

  The thought of ownership may seem attractive but depending on your situation, it may serve your bottom line better if you can resist that urge and lease the equipment you need instead. Leasing equipment instead of purchasing it can free up capital which can then be used in other [...]

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Diversifying Lending

Your business is successful. It’s bringing in clients, retaining them and business is running smoothly. That means business could be growing or expanding, so is your company ready to grow? Sure, you can hire more team members or expand your offerings, but from a fundamental business standpoint, how can your [...]

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Citrus Systems

Sometimes, your business is poised to make a change, whether you see it coming or your market pushes you along the way. Citrus Systems, a juice processing facility based out of Hopkins, Minnesota is one of those companies that knew it needed to pivot some of its operations. Tom Boehland [...]

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The Core Values of KLC Financial

What is a person or company without values? At KLC Financial, we stand apart thanks to our great staff and our core values that guide our relationships and our actions every day. In this blog, we’re going to share a bit about those values that are at the heart of [...]

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