Posts Tagged ‘Business Loans’
Here’s a Rule for Companies with Outstanding Loans
Here is one that is so important to the continued health of a growing company that it cannot be overstated. It’s a bit complex for novices. But hang in there as I explain a bit about accounting classification of assets and liabilities. Differences between types of assets and liabilities First, let’s be sure we know…
Read MoreTake These 4 Steps to Secure Your Small Business Loan the Right Way
Everyone needs capital to turn a great business idea into reality, and most startups secure their first outside financing by talking to friends or family. But at a certain level, your small, growing business needs to secure loans to expand operations and finance expenses. Despite the recent good economic growth in the United States, banks…
Read MoreHow and When to Use Short-Term Business Loans
Almost every small business needs to borrow at one time or another. However, not all loans are created equal—and some types of finance are more appropriate in particular circumstances. So, what is the best guidance on a short-term loan? All about short-term loans As its name suggests, a short-term loan involves borrowing a fixed amount,…
Read MoreWhen You Should Seek Financing for Business Growth
Growth is the lifeblood of every young business. Yet sometimes it seems too risky to take out finance to take your company to the next level. So what are the signs that you should seek to borrow? Your customers are spending more Growing your business doesn’t simply involve taking on new customers: you may find…
Read MoreHow to Secure an SBA Loan for Your Business
Small businesses are having an easier time obtaining credit than before thanks to the current economy. According to Small Business Trends, 25.2 percent of small businesses in December 2017 were approved for loans by large banks. This represents a 0.1 percent increase over November and a 1.3 increase compared to 2016. But while this may…
Read More9 Reasons You Were Denied a Small Business Loan
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…
Read MoreFinancing Your Franchise Investment Through Bank Loans: What You Need to Know
Franchise ownership is an ideal way to make the leap to being a business owner. The great thing about becoming part of a franchise system is that your leap comes with the support and guidance of an established business. But, if you’re considering this path, you must think about the financing option that is right…
Read MoreThe Essential Guide to Family Member Loans
Family loans are loans between relatives and family members. For some, borrowing money from a relative is a better option than taking a loan from a bank. With family loans, the borrower is not restricted to use the funds for a particular purpose, the rates and terms are typically better, and since family members know…
Read MoreSmall 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…
Read MoreSmall Business Funding Options: A Comprehensive Overview
Like loans to individuals, small business loans are designed to provide needed capital to companies. However, with loans to small businesses, there are many more options and loan types. At a high level, business loans are generally categorized by the length or duration of the loan repayment period, long-term loan versus short-term funding. Small business…
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