Finding a loan without collateral is never easy. Unsecured loans are hard to come by in the best of circumstances. Throw in some iffy credit history and it can seem almost impossible. It is not impossible to get one, however.
What makes a business a good candidate for a bank loan? What are loan officers looking for? Read on for the answers to these questions.
There are many moving parts when it comes to securing a small business loan, so there are naturally many things that you will need...
Most likely if you are looking to borrow money to start a business you are aware that you need a business plan. This is true whether you are looking to obtain unsecured business finance, a traditional start up business loan, or any other kind of small business financing.
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.
Whether money is needed to fund a new project or to expand on an existing one, the same rules apply with respect to gaining the attention and generosity of lenders.
When new technology sprouts up, there is often a battle between two entities: old guard vs. new. Normally, the old guard will hold on to its original ways as long as possible until it has no choice but to adapt.
If you have ever purchased a car, bought a house, or applied for a credit card, the chances are strong that you’ve been asked for your personal credit score or had your personal credit report pulled. The detail contained within your personal credit...
There’s an old Chinese proverb that goes like this: The best time to plant a tree was 20 years ago. The second best time is...
When you’re applying for a loan, it helps to think like a lender. That will make the application process simpler, give you a realistic view of your own chances of getting the funding you want, and help you identify steps that will make your business more lender-friendly.