Category: Business Financing

Qualifying for business financing is often a tricky process. To increase your chances of approval, a lender needs to believe that loaning money to your company is a smart financial decision. In other words, your business needs to have an acceptable level of risk in the eyes of a lender. How can you achieve this level of creditworthiness for your business? Having solid business credit scores and a credible, established business with healthy profits is a great start. You can… Read More

If you’ve been in business for a while, you may have had time to establish a business credit score. If that score is on the low end of the spectrum, though, you may have a hard time getting financing from traditional commercial lenders. Fortunately, those aren’t the only way you can get the capital you need to resolve some short-term cash problems or take your business to the next level. Some lenders specialize in working with business owners with bad… Read More

There’s no shortage of web-based banner ads and commercials promising small businesses and entrepreneurs the chance to get government funds to pursue their dream. Some even tempt applicants with the possibility of getting money before your business has even gotten off the ground. These “free money” advertisements are almost always too good to be true, however; truly interest-free grants and programs are rare, and most of today’s businesses will find it hard to qualify for any type of cash gift… Read More

When it comes to managing your finances, a business credit card, when used properly, can be a valuable asset. The right card can help you make big purchases, manage gaps in cash flow, earn points and rewards, and build your business credit score. And, as many small business owners have come to find, it can also come in handy during tax season. When used regularly to make business purchases, your credit card can prove to be an excellent expense tracker,… Read More

If you’re looking to grow your business operations in 2019, you’re not alone. Small businesses frequently earmark Q1 of the new year to launch new initiatives, hire additional employees, and expand into new markets. Of course, all of that takes funding, and not any old line of credit will do. Business owners tend to be an innovative bunch, spreading their financing loyalties around to credit card issues, micro-lenders, traditional banks, and even their peers. So, which type of lending leads… Read More