Category: Business Financing

Rejected for a Small Business Loan? Here Are 5 Alternatives

Rejected for a Small Business Loan? Here Are 5 Alternatives

It’s a heart-sinking moment: you learn your application for a small business loan has been rejected. If you are really counting on that loan for an immediate financial need, you may even panic. What do you do now? Too many entrepreneurs give up. Before you do that, keep in mind there may be other financing options you can explore if you’ve been turned down for a small business loan. Here are five of them: Business Cash Advance If your application… Read More
3 Reasons the Easiest Loan to Get May Not Be the Best Loan

3 Reasons the Easiest Loan to Get May Not Be the Best Loan

For entrepreneurs, time is money. And unlike money, which you can generate with the right strategies, you can’t create more hours in the day. So it’s understandable that when it comes to finding small business financing, some business owners will go for the fastest and easiest financing, not realizing how that may impact their business in the long run. Here are three reasons why the easiest (or fastest) loan may not always be the best: 1. You May Overpay With… Read More
How to Avoid a Scary Credit Card Rejection Letter

How to Avoid a Scary Credit Card Rejection Letter

If ghosts and goblins weren’t bad enough this Halloween, the sight that credit card users might actually fear is the mailman. If you’ve recently applied for a credit card, then your mail carrier may be delivering one of the most frightening letters you can get: a credit card rejection notice. How to Avoid These Scary Letters Whether you are asking someone out on a date, looking for a new job or applying for a personal or business credit card, everyone… Read More
How to Find VCs and Angel Investors

How to Find VCs and Angel Investors

When you’ve mapped out the coming months for your business and expect to need a good amount of capital to grow, you may need to find outside funds. If you have a wealthy family member who believes in your venture, you're in a good position. Otherwise, you can seek funds in the form of debt or equity financing. Debt financing is when you take on someone else’s money in exchange for interest paid throughout the duration of the loan. Equity… Read More
4 Financing Sources for Fix and Flip Real Estate Investors

4 Financing Sources for Fix and Flip Real Estate Investors

Inspired by television shows featuring investors that fix and flip properties in what feels like a blink of an eye, there are many people who want to try their hand at real estate investing. This is a definitely a type of investment where it “takes money to make money.” You’ll need money to acquire the property as well as funds to fix it up. But many lenders are still cautious after the 2008/2009 downturn, so you may have to get… Read More
Are Applications for Business Credit Cards Different Than Consumer Credit Cards?

Are Applications for Business Credit Cards Different Than Consumer Credit Cards?

There are more credit card accounts in the United States than there are adults, so you probably know what it’s like to apply for a personal credit card. But when it comes time to applying a credit card for your small business, you might be wondering, is the application any different? The short answer is, yes. The applications for a small business credit card is similar to those for consumer credit cards, but there are several important differences (here are… Read More