The Rainhaven Business Funding blog covers funding questions for businesses in Columbia, Tennessee and Maury County: retainage on construction jobs, collateral, how much working capital to carry and borrowing-base credit lines. Rainhaven Business Funding, a small-business funding broker in Columbia, Tennessee, introduces requests to lending partners, which make credit decisions and set rates and terms.
What these articles cover
Each article takes one question owners type into a search bar and answers it for a Maury County business, using Census counts for the county and labeled hypothetical figures. None of them is news, and none describes a real client. For the county's business figures in one place, see the Maury County snapshot; for the shorter guides and the calculator, see the resources page.
Retainage and contractor cash flow
How retainage works on a construction contract, and what holding back part of every progress payment does to a small crew's bank balance, month by month. Read the retainage article.
What can be collateral for a business loan
Equipment, inventory, receivables, real estate and blanket liens, what each funding structure usually takes, and when no specific collateral is named. Read the collateral article.
How much working capital a business needs
A worksheet using the operating-cycle method, the working capital ratio and a reserve target, with a hypothetical specialty contractor as the example. Read the working capital worksheet.
Borrowing-base lines of credit
How a line whose limit moves with eligible receivables and inventory works, what a borrowing base certificate is, and why it suits some retailers and contractors. Read the borrowing base article.
By Rainhaven Business Funding ยท Updated