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Working with Lenders
What to Do Before Applying for a Business Loan
A critical stage in the small business loan application process happens before you even begin filling out an application form. There is much advance preparation to be done.
Using Small Business Lending to Grow Your Business
How do small companies get the funding they need? Businesses often find it difficult to receive small business loans from a bank or other lending institutions. But once you get working capital for your business, what can you use it for?
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.
Lending Solutions for Small Business Owners
Optimism is spreading across the industry, and many business owners are aiming to take advantage by hiring more employees, offering more products, and expanding to new locations. But when it comes to growing a business, owners often cannot rely on revenue alone to make it happen.
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.
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.
What is a Merchant Cash Advance Anyway?
If you’re just getting into a business, perhaps your first foray into entrepreneurial territory at all, you’ll probably hear the words “merchant cash advance” at some point along the way.
Small Business Lending 2.0: The Technological Revolution
When new technology sprouts up, there is often a battle between two entities: old guard vs. new. Normally, the old guard will hold on to its original ways as long as possible until it has no choice but to adapt.
Disadvantages of Unsecured Business Loans
Most entrepreneurs want to cast a wide net when applying for loans. Before you make your final decision about which loan option is the best for you, here are some things to keep in mind about unsecured loans.