A lot of what it takes to get a business loan is common sense. Get your credit in order, be professional, and make certain you can provide your own investment. These seem like no-brainers, right?
Optimism is spreading across the industry, and many business owners are aiming to take advantage by hiring more employees, offering more products, and expanding to new locations. But when it comes to growing a business, owners often cannot rely on revenue alone to make it happen.
Cash flow is essential for any business. It is vital for both survival and growth, but maintaining a healthy cash flow can be problematic in today's economic climate. Many businesses will suffer cash flow difficulties at some point and the unfortunate reality is that if cash flow problems are not addressed early on then intervention will be required later in the form of business recovery.
There are many reasons why banks deny an applicant’s small business loan request. Unfortunately, this happens too often, even when the business idea is...
Equipment is a crucial aspect to consider when creating a small business. At some point, you will need to acquire funding for the necessary machinery to run your company.
Finding funding for your business is a long, involved process, but there are common “red flags” that underwriters monitor that impact your search. Here are some of the most common red flags underwriters will be looking for.
There are more ways for merchants to secure money for their businesses than ever before. It wasn't long ago that a merchant either borrowed money from a bank or asked their father-in-law for a helping hand.
Here is one that is so important to the continued health of a growing company that it cannot be overstated. It’s a bit complex...
Cash flow concerns can beset companies of any size and standing but they can be particularly painful and damaging if you're a small business looking to make progress and reach a position of reliable sustainability.
As the job market and overall economy in general continue to improve, lenders seem to be beginning to loosen up capital for more and more business loans. Programs designed to incentivize banks to make loans to small businesses, in the hopes that those businesses will then use the cash influx to create jobs, make loans possible even for less-than-stellar applicants.