In a perfect world, small businesses would have an endless stream of revenue coming in and there wouldn’t be need to worry about financing. However, we all know that’s not the case.https://www.pexels.com/photo/exited-ethnic-waitress-working-with-cash-desk-in-cozy-cafeteria-4473496/ Sometimes businesses have to get creative when it comes to financing, especially when revenue is low. This blog post will discuss four creative […]
Business Loans
Here’s When To Consider a Same-Day Business Loan
Same-day business loans are exactly what they sound like. They provide quick funding to business owners who need money now. While swift, same-day business loans do have some drawbacks. Interest rates are generally higher, and repayment terms tend to be shorter. That could be a costly combination for some business owners. Here’s what you need […]
Will a Debt Management Plan Affect Ability to Get Loans?
A debt management plan is a debt relief option for people who are struggling to repay their debt. It involves working with a credit counseling agency to create a budget and make payments to your creditors. Debt management plans can help you get out of debt within 5 years. An alternative to a debt management […]
How To Make Sure You Can Pay Back a Business Loan
Applying for a business loan in some circumstances becomes unavoidable when you run a small business. Especially in the infancy stage of your business, you need excess funds which you might not have. According to 2020 statistics, about 43% of small businesses applied for a loan. This figure depicts how you should never be hesitant […]
Revenue in Record Time: 7 Tips for Starting a Small Business Quickly
Starting your own small business might sound daunting, but it doesn’t have to be. In fact, you can get the ball rolling on being your own boss in just a few hours if you put your mind to it. Even if you don’t need your business’s name out there today, there are a few things […]
What is A Bill Consolidation Loan?
Finding yourself in debt is a stressful position to be in, and you might notice yourself becoming concerned over how or if you’ll pay off your outstanding bills. Thankfully, while getting out of debt can be difficult, it’s definitely possible, and there are a number of methods to help you get on top of your […]
Unsecured Business Loans – 3 Major Pros and Cons
Unsecured business loans are a financing option that doesn’t require collateral, making it a great funding option for small businesses without high-value assets or prefer not to offer security. While this option seems excellent from the get-go, it’s still important to consider its pros and cons. In this article, we’ll list the pros and cons […]
5 Practical Ways You Can Use A Small Business Loan
Financing a business doesn’t always come easy, no matter how small it is, especially if you’re starting from nothing. You will need to raise enough funds to get your business off the ground and cover your corporate expenses. If you have savings, you can use your own money to finance your business or get your […]
PPP Funding Important or Critical for Nearly All Businesses
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been previewed, commissioned or otherwise endorsed by any of our network partners. Small businesses continue to struggle financially, relying on the Paycheck Protection Program (PPP) to stay afloat, according to an early 2021 survey from […]
Watch Out for These 7 Red Flags of a Small Business Loan Scam
Many small businesses are struggling due to the COVID-19 pandemic and the economic impact of mandatory closures and disruptions to supply chains. According to one survey of more than 5,800 small business owners published in the Proceedings of the National Academy of Sciences of the United States of America, over 70% of small businesses planned […]
