Whether it is a new copy machine or a new oven for your bakery, buying equipment is a costly endeavor. There are many decisions to be made including whether or not you really need to buy or if it can it be fixed.
When it comes to commercial business loans there are a lot of options. Commercial loan rates and lenders vary greatly, as do terms. Short-term commercial loans exist to help with smaller projects, while longer term loans are available when needed.
You have decided to start a business, or grow an existing business, and now need a commercial loan. Be prepared to research commercial loan rates and start sifting through all the possibilities for commercial loan lenders.
The time has come. You have your law degree, you passed the bar, and you are ready to hang your own shingle and start your legal practice. You need financing however, because you have to pay for a place to work, insurance, and all those other startup costs that come with starting any business.
Poor or nonexistent credit history is the thorn in many a new entrepreneur’s side. It can be frustrating enough starting a brand-new business from scratch, but having a credit history that does not shine makes things even more difficult. Without a strong credit history, acquiring a loan is not easy.
Most likely if you are looking to borrow money to start a business you are aware that you need a business plan. This is true whether you are looking to obtain unsecured business finance, a traditional start up business loan, or any other kind of small business financing.
Small Biz Club is the premier destination for small business owners and entrepreneurs. To succeed in business, you have to constantly learn about new things, evaluate what you’re doing, and look for ways to improve—that’s what we’re here to help you do.