What to Do If You Default on a Business Loan

Defaulting on an existing loan can significantly damage your FICO score and increase interest rates as well. When it comes to a business loan, defaulting doesn't always mean the end of the business.

Is Your Business Suffering from Cash Flow Difficulties?

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.

Can My Business Qualify for a Credit Line from the Bank?

One of my beloved business owners just asked, “Can my business qualify for a credit line from a bank, a traditional lender?” It matters because...

Understanding the Value of Business Credit

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...

How to Get a Small Business Startup Loan the Easy Way

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...
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What’s New in Small Business Lending?

The small business lending landscape has changed dramatically in the last 50 years. In fact, the most dramatic changes have come in the last 20 years.

9 Smartest Ways to Avoid Faulty Loans

Loans are vital for small businesses looking to grow and build their credit history. Yet obtaining an SMB loan isn’t easy, and many applicants...

How Merchant Cash Advance Can Help Your Small Business

Qualifying for a loan can be difficult for entrepreneurs who have poor credit history. Luckily, there are quite a few alternative methods to attain financing for your small business, aside from the traditional bank loan.

How Technology is Affecting Small Business Lending

Small business lending is a chameleon. Constantly changing, the small business lending landscape has gone through a lot of twists and turns since the dawn of the Recession, doing more 180s than Shaun White on a snowboard.

How and When to Use Short-Term Business Loans

Almost every small business needs to borrow at one time or another. However, not all loans are created equal—and some types of finance are...

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