A business loan can open up new opportunities for your company. This post goes over some of the ways you can boost your business’s chances of obtaining one. Know How Lenders Look at Borrowers For the purposes of getting a...
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Lenders will typically require a personal guarantee when providing unsecured small business loans. However, you can consider several business loan options if you are not ready to put up your personal assets as collateral. These loans tend to have higher...
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Most small business owners are aware that SBA loans are one of the best sources for acquiring the funding needed to purchase equipment and to cover expenses for normal operations. There are many different types of SBA loans available to...
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Almost all small businesses need outside financing at some stage of their growth. A loan gives you a considerable amount of capital that you can invest in pursuing goals such as company expansion. Here are some telltale signs that let...
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If you are a business owner and you have failed to meet the qualifications for a regular bank loan, you should consider factoring or asset-based loans as a source of financing. Before you apply for either, here are a few...
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What are you doing to identify risks and protect your company? Don’t hide from your company’s risks! By inaction, your business could be extinguished overnight. I went to an interesting panel discussion earlier this year on Risk Mitigation. While it...
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SBA loans support small businesses by offering them affordable and flexible funds for their business. They are government-backed, and they, therefore, provide favorable borrowing terms, compared to the traditional financial institutions. Usually, SBA loans help entrepreneurs to purchase business equipment,...
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There are many financing options for both small and large businesses. Although the terms and conditions for the various financing options vary, their primary purpose is to rescue a company from the short term and long term financial problems. Accounts...
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When you run a small business, you need to be focused on your profit and loss statement. If you aren’t making enough money or are spending too much, you are going to be disappointed with your financial outcomes. Many small...
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Business growth is a common goal among entrepreneurs, but it virtually always requires money to grow a company. Luckily, there are several financing options that can help give a business a growth spurt. Keep reading to learn more about them....
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