Most of us think of eBay as a means to make a little extra cash on the side (although others may consider it only as a place where we can order those elusive early 90s-era Ninja Turtles action figures we’ve been looking for). The truth is, if you’re inclined to get serious on the selling […]
Even the most prepared business owners will face a financial shortage from time to time, whether it takes the form of a holiday uptick in your retail business, a slow season for your construction business, or unpaid invoices that have brought your incoming cash flow to a screeching halt. Unexpected or emergency expenses can arise […]
As a B2B or B2G business, having outstanding invoices is typically a good sign. After all, this shows that you actually have customers and your business is technically bringing in money. Depending on your invoicing policy, however, these outstanding invoices can lead to cash flow issues. For example, if your company policy is to bill […]
When most people hear the term “business loan,” they immediately think about the large amounts of capital used to purchase real estate, buy bulk inventory, or hire a new team of employees. But even though business loans can be used to cover big expenses, sometimes all you need a small loan to assist with day-to-day […]
Incoming cash flow is critical to your business. After all, if you don’t have money coming in, how are you going to pay for inventory, daily operating expenses, or other costs associated with running your business? Sometimes, cash flow shortages are due to circumstances beyond your control. A slow season, for example, could leave your […]
Whether you need extra capital for emergency expenses or you’re ready to expand, a small business loan may be the logical next step for your business. Before you fill out that application, though, you need to consider the total cost of borrowing. One of the most important factors in determining the cost of your loan […]
Being an entrepreneur is never easy. However, if you’re a female entrepreneur, you may face even more challenges when owning and operating your own business. After all, until the passage of H.R. 5050: Women’s Business Ownership Act in 1988, women in many states couldn’t even receive a business loan without having a male cosigner. Thanks […]
Food trucks are rolling out across cities and towns across the nation, bringing delicious dining options to businesses and events. These mobile businesses don’t just benefit hungry diners, though. Restaurants-on-wheels also open up new opportunities for entrepreneurs. With operating costs that are only a fraction of what it would be to open and maintain a […]
You’re ready to start your own business, and you just need the financing to bring your ideas to life. However, in your journey to become a business owner, you may encounter challenges. Many new business owners find that securing a business loan is easier said than done. When it comes to requirements surrounding time in […]
Imagine this scenario: You’re a business owner. You’ve been in business for a year or two, and your business is thriving. Until this point, you’ve not taken out a loan. However, your growing business is at a point where it needs extra capital. Maybe it’s time to hire new employees, purchase equipment, or relocate to […]
