Now and then, your business might need a bit of assistance in managing cash flow. When this happens, you need to know where to turn to find the financing you require. Opening lines of credit might be the right...
If your business has ever struggled with a cash flow situation, you understand the importance of having enough capital on hand to cover your expenses. In a perfect world, your clients would pay on time, you’d always have enough...
Many small business owners need to take the next step of growing their business by obtaining a loan. Unfortunately, some individuals are unsure of what it takes to get approved for a Small Business Administration (SBA) loan. Here are...
A lot of business owners and entrepreneurs are reluctant to create a business plan. It can be daunting to write a powerful business plan, especially when you’re first starting out. However, your plan can be a real asset to...
Startups and small businesses often find themselves seeking opportunities to increase cash flow. Maybe you don’t have large enough invoices to consider accounts receivable financing, but you’re getting orders and need to purchase supplies. Purchase order financing might be...
Every business will have a financing need at some point. It might be a seasonal decline in sales that puts your cash flow at risk. Maybe you’re going through growth and need additional funding. Looking at your financing options...
Hard money loans have many different names. Sometimes, they’re called bridge loans or private money loans. Whatever you call them, there are a lot of myths around this type of lending. Let’s talk about some of the misconceptions. First, understand...
Your business equipment is vital to providing services and goods to the community. Business equipment does not come cheap, so it’s important to understand the different ways to purchase it. What works for your business may be different than...
Your business has many opportunities to obtain financing. Here are the 10 most popular types of business financing that you might want to explore when you’re trying to grow. SBA Loans and Traditional Bank Loans Traditional bank loans are a good...
The Small Business Administration offers many resources to business owners. Small businesses are the backbone of many communities, which means its to the government’s advantage to encourage banks to loan money to small businesses. The SBA isn’t actually in...