No matter what industry you’re in, getting a business loan requires careful consideration and thorough research. A small business loan loan can give you the much needed capital you need to grow your business and take it to the next level. Unlike fundraising from traditional investors, bank lenders won’t get involved in your operations and […]
Lending
Modern Commercial Lending Methods for the Modern World
While residential real estate lending has been moving forward right along with technological advances, commercial real estate lending is seriously behind the times. It’s been decades since commercial lending has seen any updates. In fact, in 2019, 43% of US banks were still using COBOL, which is a programming language that was invented before the […]
Meet Pheabs – a Finance Connection Service
Pheabs.com is an online connection service for customers looking for loans across the USA. Using credit scoring and data analysis, Pheabs matches individuals with a reputable lender who most likely to accept their application and offer the best rates too – across financial products including personal loans, auto loans, credit cards and credit unions. The […]
4 Times Refinancing a Business Loan Might Do More Harm Than Good
For many small business owners, loans are a way to finance startups and expansion. Eventually, you might have an opportunity to refinance a higher interest loan into one with a lower interest rate or better terms. Refinancing might lower the cost of borrowing over time or free up cash flow that you can use to […]
Entrepreneurs Respond to Operation Warp Speed With Innovative Financing
The last twelve months have left an indelible mark on our world, forever altering what we once viewed as “normal.” This year has begun with hope, however. With multiple COVID-19 vaccines in circulation in the U.S. and around the world, remnants of our old “normal” are beginning to reappear. Businesses are slowly bringing employees back […]
Money’s Tight: How to Identify Which Areas of Your Business Need a Cash Injection
In order to improve your business, especially during rocky times, sometimes you need to give it a cash injection. However, knowing where to spend the money to get results isn’t always easy. There are lots of areas of the business you can invest in. So, how can you identify which areas of the business need […]
Key Online Lending Platforms to Capitalize Your Small Business
Kicking off a small business idea and sustaining the same is not an easy task. From drafting a blueprint to getting things off the ground, meticulous planning is required. Apart from a solid business plan, having deep pockets becomes a catalyst for unperturbed business operations. However, maintaining adequate cash flow becomes a challenge and financial […]