Category: Business Financing

Whether you’re an established business borrowing for growth, a new business looking for startup financing, your top concern when you borrow money is likely, “Can I afford it?” The repayment period will be a major factor in determining the amount of your payments, and so you may also be wondering how long you can get a business loan for.  What is the longest term for a business loan? The longest terms for small business loans are often associated with SBA… Read More

SBA loans are popular small business loans because they offer attractive rates and terms, and may be available to small business owners who otherwise have trouble qualifying for similar financing. If you’re considering an SBA loan, one of your questions may be “What can I use an SBA loan for?” We’ll answer that question here.  First, by way of background, most SBA loans are not made by the U.S. Small Business Administration. Instead, the SBA guarantees loans made by participating… Read More

As smart as the average small business owner is, it’s impossible to anticipate and prepare for every need. What’s more, what an early stage business might consider a crisis an older business might not. With that in mind, let’s talk about the pitfalls of taking a reactionary approach to tackling a businesses need for borrowed capital, some of the options and approaches to consider if you find yourself in a situation that requires cash now, and a more strategic approach… Read More

If you run a startup, you likely need funds to help you launch and/or grow your business. Few companies have enough capital to do so over the long term, and so they look for options to raise capital. What Does it Mean to Raise Capital? The term “raise capital” is just a fancy way of saying a company seeks solutions to financing. There are a couple of categories for raising capital, which we’ll cover in this article: Debt capitalEquity capital… Read More

When it comes to cash flow, it’s not always...shall we say...steady, is it? You may make more revenue one month, then find yourself scrambling to pay the bills the next. There are plenty of benefits to being an entrepreneur, but you also take the risk of not bringing in enough money. Advertiser & Editorial Disclosure So if this happens, should you just close up shop? Not at all. There are small business loans available that can help you make it… Read More