How to Find Working Capital

Being a small business owner is a lot like being a juggler — if that juggler is handling a dozen spinning, double-ended torches that have been lit on fire. In all seriousness, being an entrepreneur can be an exhilarating rush. Still, there are a lot of moving parts that you or your team will need to manage well if you want to be successful.  One important area that you have to stay on top of as a business owner is Read More

How Accounts Receivable Financing Works

Whether you’re trying to expand your business or simply make ends meet, cash flow constraints are one of the biggest challenges that many small businesses face. They can be stressful. They can be discouraging. They can even drive some companies right out of business.   But here’s the good news. Cash flow problems can typically be dealt with if you have the right plan. This is true whether spending mistakes led to your cash flow shortage or other circumstances entirely.  For Read More

What Is a Working Capital Loan and How Do You Get One?

Working capital is the money a business uses to cover its daily expenses like utilities, supplies, payroll, and rent. A working capital loan offers your business a way to temporarily pay for these expenses when your bank account is running low.  You might think that if your business is successful and you manage its finances correctly you could never have need of a working capital loan. But that’s not necessarily true. While it’s important to keep some money in reserve, Read More

What Is Equipment Leasing and Is It Right for Your Company?

No matter how smart you are or how great your product may be, your business needs one very important ingredient if it’s going to thrive — the right equipment. The right equipment can help optimize performance and take your business to the next level, but it might be out of reach. Thankfully, an equipment lease may be able to help you get the specialized machinery or technology your company needs now, even if you don’t have all the money you Read More

How to Find the Best Equipment Loans for Your Business

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Many types of businesses need equipment and machinery to run successfully. As a small business owner, you know just how crucial it can be to have the right equipment your company needs to operate on a daily basis. Yet depending upon your business’ equipment needs, you might not have the funds to pay for those new purchases, upgrades, or replacements outright. Even if you do have the funds available to pay, tying up your company’s cash flow with a pricey Read More

How to Get a Business Acquisition Loan

There’s nothing wrong with bootstrapping things and trying to grow your business the slow and steady way. However, if you’re comfortable with the risk, applying for financing can potentially help you reach your business goals much sooner. One way you can possibly speed up the journey to business success is by purchasing a business that has already gone through the painful start-up phase. If you’re considering this option, you’ll likely need to secure financing to pay for your new business Read More

3 Alternative Lending Options to Help Build Your Business Credit

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As a small business, it’s not always easy to qualify for a bank loan. If your business is young, has little collateral, or doesn’t have an established credit profile, qualifying for traditional bank financing can be even more of a challenge. Because of the challenges involved with securing business financing, many small business owners turn to alternative lending options when they need to borrow money. What Is Alternative Business Financing? Alternative business financing is capital that you can borrow from Read More

When Should I Use My Personal Credit for My Business?

Great credit scores don’t happen by accident. They take hard work and consistency to earn. If you have brag-worthy personal credit scores, you’ve probably spent years building those scores and protecting them from damage. There’s no question that your personal credit can be an asset when you need to borrow money for your business. However, there’s also a deeper level of risk involved whenever you put your personal credit and finances on the line to vouch for your company. It’s Read More

Is There Such a Thing as Guaranteed Approval for Bad Business Credit?

Loan applications and bad credit are like oil and vinegar – they don’t mix together well. Whether you’re searching for a business loan or financing on the personal side, trying to find a lender who will let you borrow money with bad credit can be a frustrating process. If you have bad credit and you’re searching for financing, statements like “guaranteed approval” and “no credit check loans” can be very appealing. Could a guaranteed business loan be the answer to Read More

What Can My Business Credit Score Get Me?

As a small business owner, you’re constantly on the lookout for opportunities to give your business an edge. Finding ways to earn more money or reduce costs can not only bolster your business profits, it can also help you to stay ahead of the competition. You might not realize it, but good business credit can be a powerful tool to help your company succeed and grow. Here’s a breakdown of five of the best benefits you can enjoy when you Read More