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 […]
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How 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 […]
Small 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 […]
How 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 […]
How Does the Alternative Finance Industry in the US Compare with Europe?
It is fair to say that each geographical market is growing at its own unique pace, depending on attitudes, trends and the adoption of technology. In this post we will look at the alternative finance markets in the United States, Europe and the UK, and ask why the latter two are lagging behind the former. […]
How 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 […]
The 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 […]
How 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 […]
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 funding. Small business owners in every stage of the business life cycle apply for small business loans every day. However, the approval process for traditional banks loans can be tough. Banks […]
3 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 […]
