Kickstarter has become the go-to means of financing a project for the modern-day media-savvy producer of technological, artistic, and cultural goods. The prospect of being able to tap into a community of moneyed consumers eager to get in on the ground floor of The Next Big Thing is a tempting one indeed. Especially when you consider […]
Crowdfunding has become a bona fide economic and cultural phenomenon over the last decade. A report from 2015 found that $34 billion had been raised to date through crowdfunding — a figure that has undoubtedly grown significantly in the time since. Crowdfunding’s public profile seems to grow by the day, with high-profile crowdfunding campaigns for medical […]
Any entrepreneur will testify to the difficulty of securing capital for their businesses, particularly start-up businesses. Banks aren’t exactly known for being understanding or compassionate in assessing people’s worthiness to get a business loan. Especially in this post-recession climate, it’s only natural that entities offering smaller loans to those without perfect credit would rise in […]
Let’s say you’re an entrepreneur with a plan of action. You’re passionate about what you do and you’ve developed the schematics to launch your own venture. You’re got the skills, the drive, and the business plan. Now, all you need is some startup capital. To this end, you should have little trouble getting a business […]
Obtaining financing can be a significant hurdle when starting or expanding a business; this is particularly true for women. According to Inc., one-third of female entrepreneurs say a lack of capital held them back when getting their startup off the ground. Furthermore, the National Women’s Business Council (NWBC) Annual Report found that men start their […]
Note: This article is Part 3 of our Small Business Loans 101 series. If you haven’t already, check out parts one and two: Finding the Right Lender and The Application Process. After you’ve found a lender, gone through the application process, and received your funds, all you have left to do is spend your funds! […]
Note: this is part two of our three-part Small Business Loans 101 series. Head over here for last week’s article: Finding the Right Lender. After you’ve found a few lenders you may be eligible for, it’s time to start applying for loans. Although all have their own process, most lenders appear to have adopted the […]
Searching for a business loan can seem like a daunting task. With so many lenders out there, it’s hard to know what kind of loan you need, where you should apply, and which lenders will actually accept your application. The search for an appropriate business loan will always be a relatively time consuming process, because you […]
Read Review Read Review Visit Site Visit Site OnDeck and Kabbage are, hands down, two of the most popular online lenders available. Between OnDeck’s term loans and lines of credit, and Kabbage’s line of credit, these two lenders have just about everything you’re looking for in a non-bank loan: low borrower qualifications, fast access to […]
Chances are, if you’ve accepted business financing from a bank, credit union, online lender, or another source, you’ve been asked to sign a personal guarantee. This agreement (sometimes also spelled “personal guaranty”) is basically a promise that you, the business owner, are responsible for repaying a business loan should your business become unable to. Unfortunately, […]
