No matter what type of business you have, there often comes a time when you need extra funds. Maybe your building needs some renovations, or you need to replenish your inventory in a hurry. Maybe there’s some specific equipment that’s necessary for you to run smoothly. Picking the ideal financial product for your needs, however, […]
Archive for the ‘Business Loans’ Category
To make money in business, you must first start with money. It’s one of the inescapable contradictions involved in launching your own business. This barrier to entry into the realm of entrepreneurship means that plenty of ideas that might otherwise change the world wither on the vine for lack of funding. Equity financing — that […]
If you are a merchant who has struggled to pay bills or missed out on an opportunity to grow your business due to a lack of capital, you know just how frustrating cash flow problems can be. A business line of credit (LOC) is a potential solution for cash flow problems experienced by small business owners. Lines […]
As an adult, you’re likely aware of what a personal credit score is, how it’s used, and why it’s important. From applying for a mortgage to renting an apartment to applying for a loan or credit card, your credit score is a reflection of your creditworthiness. A high personal credit score shows that you’re a […]
UCC-1 blanket liens are often required when you take out a business loan, credit line, or lease. In this article, we explain what liens are and what you need to know about them, so business financers can’t take advantage of your business.
Personal guarantees are often required for loans, credit cards, and other types of business financing. Learn about the different types of personal guarantees you might come across, and how to avoid the bad ones, when you’re looking for business funding.
Are you interested in running your own business and being your own boss, but don’t know how to get started? You’re not alone — starting a business from scratch requires a solid business plan and plenty of capital. Even with careful planning, there’s no guarantee that your business will be a success. But what if […]
Financing any small business is a headache, but acquiring funding for a medical marijuana dispensary can be even more of a challenge. Medical — and recreational — marijuana is legalized in states across the nation, but it is still illegal under federal law. These laws make it more difficult for owners of medical marijuana dispensaries […]
Online services offering free access to your credit score have proliferated in recent years. This growth shouldn’t be surprising to anyone, considering how important one’s credit score has become in determining access to all manner of life opportunities. Seeing this trend, several banks and credit card issuers have decided to get in on the action, […]
When your small business needs additional capital, it’s not uncommon to turn to a lender to quickly get the funding you need to operate or expand your business. Fortunately, there are many funding options available to small businesses, from low-interest Small Business Administration loans to lines of credit. For small business owners that want a […]