Posts Tagged ‘Lenders’
9 Reasons You Were Denied a Small Business Loan
If you’ve just been denied a small business loan and find yourself asking why, the answer might lie in one of the nine reasons below. We can’t supply a cure-all for fixing your loan application so that it has an approval guarantee, but we can help you identify weaknesses in your application and help prepare…
Read MoreHow Financing Can Benefit a Growing Business
Is your business humming along? You might think you don’t need to take on debt and just let the good times roll. However, times can change quickly and whether you are growth-oriented or maintaining a steady, consistent business, healthy working capital is vital to continued success. Even better times may be ahead if you secure…
Read MoreSmall Business Loans for Women-Owned Business
Small businesses (generally defined as companies with fewer than 500 employees and less than $2 million in average revenue) are the driving force behind employment growth. In fact, small businesses provide jobs for over half of the nation’s private workforce and have generated nearly two-thirds of the new jobs over the past 15 years. Small…
Read MoreHow to Solve Your Business Lending Problems
Asset-based finance is big business these days. Since the financial crash of 2008, banks have significantly tightened their lending criteria and become much more risk-averse – with the result that SMEs are looking to other sources of finance. As a result, the asset based lending index has risen by 14% in the second quarter of…
Read MoreHow to Use a Small Business Line of Credit
A business line of credit can be a powerful asset, especially if business owners learn how to use them efficiently. So what is a business line of credit? And, how does it differ from a conventional loan? Funding options for small businesses can get very specialized. Learning how to use a business line of credit can be…
Read MoreSmall Business Funding Options: A Comprehensive Overview
Like loans to individuals, small business loans are designed to provide needed capital to companies. However, with loans to small businesses, there are many more options and loan types. At a high level, business loans are generally categorized by the length or duration of the loan repayment period, long-term loan versus short-term funding. Small business…
Read MoreThe Best Short-Term Loan Options for Quick Approval
Sometimes you need money, and you need it fast. This is true in life and in running a business. If you need small business financing quickly, there are a few different options. You should know what those options are, and the cost vs. the benefit of each. Traditional Loans A traditional short-term loan with fast…
Read MoreHow Can a Small Business Access Low Cost Capital?
Small business optimism continues to edge up as the halfway mark of 2017 approaches. To gauge confidence, the 2016 Small Business Credit Survey presented data from interviews with more than 10,000 small business owners across America. Most firms expressed positive expectations for 2017 similar to those they held for 2016 with a net 61% expecting…
Read More3 Flexible Funding Options for Small Businesses
One of the most significant challenges any startup or small business faces in its early phases is gaining the necessary funding to allow it to function. Every business needs money to survive, and luckily there are many external sources from which funding can be acquired. These sources are all different, and different businesses need differing…
Read MoreMicroloans: Are They Right for Your Small Business?
So, you took the plunge. You decided to start your own business. Every day you’ll wake up with the personal satisfaction of being your own boss—no more unfulfilling work, inflexibility, lengthy commutes or other hardships via conventional employment. But, unless you’re swimming in gold like Scrooge McDuck, you need to acquire funding to turn your…
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