Category: Business Financing

The financial demands on an auto repair business are never ending. Small business owners who operate these businesses need steady cash flow to pay employees, purchase supplies and equipment, and ensure their shops run smoothly. Just as your customers may be caught with unexpected, large repair costs that leave them scrambling to get a personal loan, you as a business owner may find yourself in situations where your cash flow just won’t cover your business expenses.  That’s when you may… Read More

Business owners like plumbers and HVAC specialists have a unique set of business needs, and sometimes there isn’t enough cash on hand to cover those business expenses.  Equipment in the plumbing and HVAC industries doesn’t come cheap, and if you have to wait until your client pays you to cover the expense, your company will suffer. That’s where business funding comes in handy: taking out a loan or line of credit can ensure you have the working capital you need… Read More

If you run an e-commerce business, that is, you sell products online on Amazon, eBay, Shopify, or even from your own website and ship them to customers, how do you ensure that you keep inventory stocked, even when funds are low? What do you do if you want to expand into a new product line, but don’t have enough revenue to do so right now? Or what if you need new equipment to produce more of your product, or want… Read More

If you work as a contractor, perhaps building homes or remodeling them, you may have large up-front expenses before you ever see a dime from your client. You likely don’t have enough working capital in your bank account to cover these expenses every time, so you need to borrow money to cover them until you get paid. And sometimes clients take a while to pay, don’t they? That can leave you in a pickle, since you have your own expenses… Read More

Business owners looking for a small business loan for their consulting business are in luck, there are a lot of options, including an SBA loan, business cash advance, a line of credit, or other term loan. Interest rates and terms will vary depending on the creditworthiness of the borrower, so to get the best loan rates and terms you’ll need a good to excellent personal credit score, several years in business, and annual revenues of $250,000 or more. Consulting company… Read More