A small business owner may be passionate and committed to their ideas, but things don’t always go according to plan. If you lack funds or are worried about making payments for your SBA loan, it may be time to start learning about delinquency and defaulting on loans. From Delinquent To Default A loan will go […]
We communicate online. We pay our bills and shop online. The internet isn’t just a virtual playground for our downtime, though. It’s also a critical tool for many businesses and has become the go-to source for many business owners seeking a small business loan. Technology has made it possible for us to apply for business […]
You’re a business owner, and you’ve encountered a financial hurdle in the form of a large business expense. This expense could be completely unexpected, such as the sudden breakdown of equipment, or it could be planned, like a business expansion through the improvement of facilities or the purchase of commercial real estate. No matter what […]
If you’re a small business owner, you already know that growing, taking care of emergencies, and even just handling day-to-day operations takes capital — and lots of it. Sometimes, when expenses can pile up, it makes sense to consider turning to a small business lender for a helping hand. After you’ve calculated the amount you need, […]
Wondering what the turnaround time is for an SBA loan? With typical lenders, the process of receiving an SBA loan takes up to 2-3 months. Some lenders will offer funding in as little as 30 days, although these efficient lenders are quite rare. The process requires patience; potential borrowers must go through many steps of […]
If you’re a franchise operator, you know that getting started can be tricky. Franchises offer flexibility and support for owners, but require capital to get started. Chances are, you’ll need an influx of cash at some point during your career as a franchisee. Whether you’re starting a new franchise or growing an existing one, an […]
It doesn’t matter what type of small business you own. You automatically have something in common with every other small business owner: you need money to function. Without money, your business isn’t going to be successful. Without money, you can’t pay your employees or even yourself. Without money, you’ll never be able to grow and […]
No matter how good you are at planning, it’s impossible to prepare for every possible emergency that may affect your business. Acts of God like hurricanes, floods, and fires aside, invoice payments might be late. You may have experienced a fluke sales slump. Or maybe you just need to restock before a big event next […]
Whether a startup company is moving into a commercial building for the first time or an outdated warehouse needs to be brought into the 21st century, there comes a time when the next step for a small business owner is to build, purchase, or update their commercial space. Because most businesses don’t have the cash […]
From equipment to commercial real estate, it takes many resources to successfully run a business. For many businesses, vehicles are just another important part of operations. Whether it’s to deliver products to customers, drive sales, or to commute from one location to another, many businesses need reliable, dependable vehicles. However, most small businesses don’t have […]
