When and From Where Should I Seek Business Funding?

There are many reasons why a business may require an injection of funds. Before you seek finance it is crucial that you establish whether you truly need external finance, how much you need and the most suitable source of funding for your needs. When to seek funding Only seek outside funding when: You have a…

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P2P vs. Line of Credit: Avoid the Wrong Funding

Apply for a loan. Reap the rewards. Apply for a small business loan today using this link and get a $100 gift card when you qualify*. *All Kabbage loans are issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC. Accept this offer and Kabbage will email you a free $100 Tango gift card to…

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3 Times Small Business Factoring is Right for Your Company

The success of many businesses depends upon how well they can manage working capital. Good working capital management ensures that small businesses can meet their routine operational expenses and manage debt. At the same time, businesses with a long account receivables cycle certainly find that managing working capital presents a challenge. Many companies turn to…

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The 411 on Online Lenders

Online business loans are a quick and relatively easy way to get funds. However, there are often risks, too, including very high interest rates and unrealistic repayment schedules that can affect business financial health. A small business owner is left to wonder how to choose an online lender on top of all their other responsibilities.…

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Common Pitfalls When Seeking Financing for Your Small Business

Small business owners often seek working capital to help with business growth, refinance existing business debt, or to purchase/update technology or equipment. When you are seeking financing for your small business, there are things you should be aware of to help streamline the process and time period it takes to fund your loan request. In…

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How to Get a Loan Tailored to Your Specific Niche

Every business sector is different and has its own financing needs. Most sectors are cyclical but some less so, and whilst some sectors traditionally experience peaks in the summer and lulls in the winter, others find precisely the opposite. So when you’re seeking business finance, it’s important that your lender understands your industry and its…

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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 never qualify. Desperate for funding, they turn to companies that promise loan approvals and low-interest rates, but most of these companies are scammers preying on small business owners. Fortunately, most scammers…

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5 Simple Ways to Raise Capital for Your Small Business

Small businesses don’t necessarily need to grow quickly (though they should certainly want to grow, as stagnation is one very small step away from contraction). They often operate in less competitive markets and don’t have the explicit goal of becoming a huge company. Without the brutality of highly-funded competitors trying to eat your lunch day after day,…

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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 if your business can meet traditional lender requirements, your interest charges will be a WHOLE LOT LESS. You want this because it’s a better use to cash to find new…

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5 Tips for Applying for an Online Loan

It’s no secret that small businesses are critical to the nation’s economic prosperity. After all, they employ nearly half of all U.S. workers. With so many relying on the success of small businesses, it’s more important than ever for owners to have quick and convenient access to funding that can keep their businesses running—and growing—smoothly.…

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