Working with Lenders
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…
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…
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…
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…
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…
Preparing for a Small Business Loan
As busy small business owners, we don’t celebrate milestones enough. While the world may not know about the important steps you took before officially launching your business, you know the many joys and struggles that…
How to Get an Unsecured Business Loan
Getting small business finance isn’t easy. Very often you need to offer significant assets as security—and very often you don’t have significant assets to offer. As a result, you could find yourself turning to your…
5 Tricks to Pay Off Business Debt and Recover from Financial Disaster
Are you overly worried about your small business debt? Well, you’re not alone. Nearly 50% of small businesses collapse because of the following reasons: Lack of capital Heavy debt burden Poor credit arrangement In most…
The Small Business Owner’s Guide to Equipment Financing
Whether your business is product or service-based, having the necessary equipment is vital to keeping your venture operating smoothly. Replacing, upgrading or purchasing equipment for the first time can put a serious pinch on your…
6 Reasons You Might Want to Get a Business Loan
The mythical American should be able to start a business purely through a combination of working hard, having the right attitude, and pulling up their bootstraps. Chances are, however, real-world business owners are going to…