As a freelancer, you already know the benefits of self-employment. The only boss you have is yourself. You get to set your hours and select the clients and projects you take on. You have the freedom to do what you love while also earning a living. The life of a freelancer isn’t without its challenges, […]
Archive for the ‘Peer-to-Peer Loans’ Category
There are two basic types of business loans: secured and unsecured. Many business owners don’t have any collateral to pledge for a secured bank loan, and may have difficulty getting an unsecured loan as well, as the banks they do business with don’t offer unsecured loans. Cue the scores of marketplace lenders (that is, non-bank […]
Crowdfunding is a funding solution shaped to fit the iniquitous era that incubated it. Kickstarter and GoFundMe are aimed at different audiences, so it wouldn’t make much sense to name a winner and a loser in this comparison.
How can you get the startup funds you need when most banks won’t touch you with a ten-foot pole? Checnk out these lenders that issue business loans with no credit check.
Small business financing is notoriously difficult to procure. Most bank loans require that the applicant have stellar credit and 2+ years in business—and even then, there’s no guarantee you’ll get a loan. According to Biz2Credit, big banks approved fewer than 27% of all small business loan requests in November 2018, while smaller banks approved about […]
Free money to start your business – isn’t that every entrepreneur’s wildest dream? It’s too bad that startup grants are so hard to come by. You can think of business grants sort of like scholarships for adults. Just as with a scholarship, you have to convince the grant-issuer that a) you will put the funds […]
Whether starting a business or taking an existing business to the next level, there comes a time when every business owner considers applying for a business loan. If you’re a small business owner, however, you know difficult it can be to qualify — perhaps you’ve even taken steps to apply for a loan only to […]
It’s nearly impossible to run a small business without incurring debt. In a perfect world, you’d be able to fund all of your expenses yourself and still have profits in your bank account. For small business owners, this often isn’t the case. Loans, credit cards, and other financial products are used to pay everything from […]
Obtaining financing can be a significant hurdle when starting or expanding a business, but this is particularly true for women. While comprising nearly a third of small business owners, women receive less than one sixth of all business loans. Why is this? How can you get around lending bias and procure a business loan for […]
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 […]