Posts Tagged ‘Lenders’
How to Get an Unsecured Business Loan
Getting small business finance isn’t easy. Very often you need to offer significant assets as security—and very often you don’t have significant assets to offer. As a result, you could find yourself turning to your personal assets and putting your home on the line. So how do you get the finance you need without risking…
Read MoreThe Small Business Owner’s Guide to Equipment Financing
Whether your business is product or service-based, having the necessary equipment is vital to keeping your venture operating smoothly. Replacing, upgrading or purchasing equipment for the first time can put a serious pinch on your cash flow but with the right financing, you can get the things your business needs without making a substantial dent in…
Read MoreHow to Finance Your Franchise
Congratulations! You’ve given it tremendous thought and made the life-changing decision to buy a franchise. You’re excited, but now you need to figure out how you’re going to pay the franchise fees and initial start-up costs. Although you might have some idea in mind for how you’ll cover the expenses, you might still be wondering…
Read More7 Questions to Ask Your Lender
There are many moving parts when it comes to securing a small business loan, so there are naturally many things that you will need to ask your lender upon completing your application. You are going to have questions popping in your head left and right, and it will be difficult to remember them all. While…
Read MoreHow Not to Spend a Loan
So you realize you now have the option to obtain financing. Your credit is good, you are on steady ground, you have collateral, and you may even have been approved for a loan. How are you going to spend it? If you are already considering applying for a loan, you likely already have plans for…
Read MoreHow to Get a Small Business Startup Loan the Easy Way
There’s an old Chinese proverb that goes like this: The best time to plant a tree was 20 years ago. The second best time is now. The same reasoning applies to new business startup loans, but with one big exception: “Now” is often not the “second best time.” Now may be too late. I say this because I’ve…
Read More4 Times a Short-Term Business Loan is Right for You
Every business owner has run into cash flow challenges, whether you need more money to grow your business or to meet the operational day-to-day expenses that pop up. If your customer income isn’t covering your business’s financial needs for a period of time, a short-term business loan may be one option to consider. Here’s a…
Read MoreHow to Apply for an Online Business Loan
Online lending can be complicated, with a few traps for the unwary. So if you’ve never searched for a loan online, you could benefit from a few pointers. Here’s how to make sure you get the finance you need. Decide how much you require. This may sound obvious, but it’s an easy way to go…
Read MoreOnline Lending is Breathing New Life into Small Business
For a long time, small business owners in need of financing had just one option. They would put on their best business clothes, practice their best smile and handshake, and head off to the bank, hoping to convince an uncooperative bank manager to lend them money. The process of small business financing eventually became so…
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.…
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