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- Cash: The most liquid asset, it includes cash on hand and deposits in banks.
- Accounts Receivable: Amounts that customers owe the company for products or services sold on credit.
- Inventory: This includes raw materials, work-in-process, and finished goods that a company holds.
- Short-term Investments: Also known as marketable securities like treasuries. These are investments that a company plans to convert into cash within a year.
- Prepaid Expenses: These are payments made in advance for services or goods to be received in the future.
- Accounts Payable: Amounts the company owes to suppliers for goods or services purchased on credit.
- Short-term Debt: Loans or other financial obligations that need to be repaid within a year.
- Accrued Liabilities: Expenses that have been incurred but not yet paid. This could include wages, taxes, and other services that have been used but have not yet been billed.
- Unearned Revenue: Payments received in advance for products or services that will be delivered in the future.
- Current Portion of Long-Term Debt: The portion of long-term debts that are due within the next 12 months.
In a competitive business environment, having access to a Business Line of Credit can make all the difference—offering the flexibility and financial support you need to stay ahead, seize opportunities, and thrive.