An Overview of Alternative Financing

With credit tight and traditional bank loans difficult to obtain, many small business owners are turning to the alternative financing industry to get the funding their business needs. "Alternative" financing can include a wide variety of options, some better suited to certain businesses than others. You should investigate each option to determine which is best for your business.

How Not to Spend a Loan

So you realize you now have the option to obtain financing. Your credit is good, you are on steady ground, you have collateral, and...

3 Alternative Financing Solutions for Small Businesses

Financial management is key for all businesses, especially SMEs. With fewer employees than a large company, smaller business owners often feel more pressure to...

What Do Lenders Look At When Evaluating My Loan Application?

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.

How to Get a Business Loan in 3 Easy Steps

No matter where you stand regarding your business, there’s a good chance you will, at some point, need to find a source of outside...

Prepayment Penalties: When the Early Bird Doesn’t Get the Worm

It’s every small business owner’s dream: you took out a business loan to start or expand your small business, and it really paid off....

Need a Small Business Loan? Your Options May Be Limited

Entrepreneurs exploring options on funding a small business often turn to bank loans as an effective way for them to get initial capital to pay back once they have income flowing in. However, a recent report from The Wall Street Journal indicates that while there's been slight growth in small business lending, the numbers are not very promising.

Think Like a Banker and Get the Loan

Jim Blasingame is a small business owner’s best advocate. Jim and I caught up last week and these are the three small business tips...

How to Finance Your Franchise

Congratulations! You’ve given it tremendous thought and made the life-changing decision to buy a franchise. You’re excited, but now you need to figure out...

Improving Your Business Credit Score

Your business’s credit score is based on the same principles as your personal score. But there are scenarios where your credit score may not accurately reflect your business’s financial stability. If you feel that is the case, here are some steps you can take to improve your score.

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