Posts Tagged ‘Business Loans’
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…
Read MoreWalmart Acquired ModCloth But Left Customers Unhappy
The news of Walmart acquiring clothing and apparel giant ModCloth has spread like wildfire. Skeptics and industry leaders have shown mixed reactions to the news, more so because ModCloth is a favorite brand among fashion enthusiasts and a young clientele. Now with Walmart at the helm of affairs, customers are not shying away from showing…
Read More8 Steps in Securing a Bank Loan to Fund Your Startup
A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back…
Read MorePreparing 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 preceded the “start” of your company. Financing works the same way. Getting the first small business loan disbursement in your…
Read More6 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 need outside help at some point. One such way to get help (without giving up control of your business to…
Read MoreWhy Banks Deny Small Business Loans
There are many reasons why banks deny an applicant’s small business loan request. Unfortunately, this happens too often, even when the business idea is a great one. Why does this happen? Why is it so hard for entrepreneurs and small business owners to gain the financing they need to start or run their business? Understanding…
Read MoreThe Ins and Outs of Applying for a Small Business Term Loan
When most people are in the market for a small business loan, they think of a 3-5 year term with monthly payments. The problem with the business lending industry is that many business lenders are offering bad credit business loans. Small business term loans are very different from what the majority of the industry offers.…
Read MoreThink Like a Banker and Get the Loan
Jim Blasingame is a small business owner’s best advocate. Jim and I caught up last week and these are the three small business tips every business owner should know, but doesn’t. Apply for a Loan When You Don’t Need It That’s not a typo. Apply for a loan when your small business is flush with…
Read More3 Things You Need to Know About Government Business Loans
If you are thinking about starting your own business and have discussed it with anyone, chances are you have been told that you can get loans from the government. This is true, but maybe not in the way you think. First, the government does not directly make loans to small business owners. There is no…
Read More5 Tips for Finding the Best Loan for Your Business
There is a big difference between finding any business loan and the right business loan. If you a need a loan, you need to make sure you find the best product and price available to your business. You can’t expect the right loan to simply appear before your eyes. It takes a bit of searching…
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