Posts Tagged ‘Business Credit’
The Decline in Small Business Lending: Cause and Effect
Small business lending has declined significantly since the recession, but why? It’s too easy and insufficient to just blame it on a poor economy. The truth is the economy is improving, business owners are optimistic and one would think that, with an improved economy, lending would increase.
Read More Is Asset-Based Lending for You?
Asset-based financing is a specialized method of providing structured working capital and term loans that are secured by accounts receivable, inventory, machinery, equipment and/or real estate.
Read More Crunching the Numbers: How to Know if Your Business is Cost-Effective
It is no secret that funds are extremely limited in the first few years of a business. However, even when your business starts to boom, be sure to constantly analyze where the money is going and whether or not your expenditures are worth the asking price.
Read More How to Build Credit as a Small Business Owner
If you are in the start-up phase of owning a small business, give yourself some credit because it’s unlikely anyone else will. Small businesses have an extremely difficult time getting credit from the one place they really want it: lending institutions.
Read More Are You Still Using Your Personal Bank Account for Your Business?
For the small business owner, there’s typically little separation between business and personal. You bring your work home (or you may even work from home). You’ve probably invested your own money in the business, or skipped a pay check or two to keep the business going.
Read More 5 Hot Trends Every Small Business Owner Should Know
In order to succeed, small business owners must have a knack for predicting the future. Rather than just rely on their inherent desire to be an entrepreneur, they must also carry a figurative crystal ball with them at all times, keeping abreast of any and all trends that will help earn business.
Read More What’s Your D&B D-U-N-S® Number?
“What is your D&B D-U-N-S ® Number?” is one of the first identifying questions we ask as we help a business owner start this process. Oftentimes, business owners are not only unsure what the D-U-N-S Number is, but they’re also unaware of the many ways they may be able to leverage it.
Read More 3 Steps to Small Business Cash Management
Controlling cash and credit are important for any small business. However, a growing number of entrepreneurs establishing a startup business can’t answer the three basic cash and credit management questions that most bankers, venture capitalists, and angel investors will ask when considering whether to fund a start-up business.
Read More Evaluating International Risk
A big reason why most small businesses don’t approach foreign markets is because of the myriad risks associated with global operations. While international risk is certainly not something to take lightly, a careful assessment of the primary dangers that your business faces will ensure that you’re ready for whatever challenges you might face.
Read More Financing Can Help Your Small Business Make a Difference
Using debt financing to start a new business seems like a no-brainer to many, but there are some who really do not think of starting a new business this way. To some, just the idea of taking out new debt to start a business is enough to turn them off.
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