Category: Business Financing

Startup capital can be the most challenging type of small business funding to secure. Finding the right source of funding for a new business without a track record of revenues, customer growth, or solid credit isn’t easy. But even though it may take more work to land this kind of financing there are options available. Here we’ll talk about two ways to get money to start your business idea: Startup financing Investment capital How to Get Startup Financing In startup… Read More

This post was reviewed and updated on July 6, 2020 Many, roughly eigthy-two percent, of small and medium-sized businesses fail because of cash flow problems. And while there are many factors that can impact cash flow, past-due invoices, or an aging accounts receivable, can account for a fair share. Even if customers regularly pay their invoices on time, the lag between the payment terms small businesses offer to their customers and when those invoices are paid can contribute to cash flow… Read More

Many types of businesses need equipment and heavy 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 you might not have the funds to pay for such large purchases, upgrades, or replacements outright — which is where loans for business equipment come in. Learn what an equipment loan is, how to get it, and the best equipment… Read More

This post was reviewed and updated on July 27, 2020 How to apply for a small business loan in 7 steps Learning how to apply for a small business loan or other business financing can not only help you get the right loan for your business but can also assist in deciding whether it’s the right move in the first place. 1. Get familiar with your personal credit and business credit profile What are lenders seeing when they look at… Read More

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