Posts Tagged ‘Investors and Lenders’
Three Lessons I Wish I Knew Before Starting My First Startup
If I had discovered these top three lessons when I first began as an entrepreneur, perhaps I would have been able to indulge in more than deli sandwiches earlier on in my career. If you’re a first time entrepreneur, taking these tips to heart can really influence your progress…
Read More Building a Strong Banking Relationship
Deciding where to do your business’s banking business is an important question, affecting many aspects of your daily operations, such as business loans, deposits, and cash management. What are the steps you need to take to find the right bank and build a strong banking relationship for your business? Here are a few tips you can follow to develop that banking relationship.
Read More How Big Is the Market
Do you know how many people out there might be interested in your product or service? Any investor or lender is going to ask how big your market is as one of their first questions, and the answer is an important factor in a business’s long-term success.
Read More The “Forbidden Industries”
There are certain businesses mainstream lenders do not want to be associated with—and some of those industries would surprise you. Being in one of these “forbidden industries” can add another challenge to finding funding, and make some forms of funding impossible.
Read More Red Flags to Avoid When Searching for Funding
Finding funding for your business is a long, involved process, but there are common “red flags” that underwriters monitor that impact your search. Here are some of the most common red flags underwriters will be looking for.
Read More Improving Your Business Credit Score
Your business’s credit score is based on the same principles as your personal score. But there are scenarios where your credit score may not accurately reflect your business’s financial stability. If you feel that is the case, here are some steps you can take to improve your score.
Read More Business Loans and Other Funding Options
If you conclude that your business needs more capital to sustain operations and fuel future growth, you have a wide range of options. There are traditional bank loans, but there are also many alternatives with different costs, terms, impacts on your credit rating, and application processes.
Read More 3 Ways to Make Your Business More Attractive to Investors
Small businesses looking to expand are often looking for investors—but don’t know what they should do to make themselves more attractive to those investors. To make your business more investor friendly, follow these 3 key steps.
Read More Financial Statements for Small Businesses
Your financial statements offer many benefits to your business. Practically speaking, they help you file your tax returns, find additional funding, or draw in buyers and investors. But they also help you run your business by translating your decisions into dollars and cents.
Read MoreWhat Do Lenders Look At When Evaluating My Loan Application?
When you’re applying for a loan, it helps to think like a lender. That will make the application process simpler, give you a realistic view of your own chances of getting the funding you want, and help you identify steps that will make your business more lender-friendly.
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