BlogGet the latest news and tips when getting a Business Line of Credit.
If you’re a business owner, there will most likely come a time that you end up applying for finance. Financing allows businesses to invest in their future – it provides upfront capital to cover costs for necessary items or services. But obtaining finance can be...
When you first start a new business, you have a lot of important decisions to make. The amount of administrative work involved in starting a new company can sometimes be a deterrent. But you should consider the initial time investment a great way to make sure that...
If you’re thinking of starting up an organization, you’re probably wondering what way to structure it. Starting a nonprofit is a great way to start an organization that makes a difference. Instead of registering as a normal business, registering as a nonprofit allows...
If you have a business idea in mind, you probably want to get the ball rolling as quickly as possible. And while the most important component of any business is execution, you still need to worry about a few peripheral issues as well. One of the most overlooked...
If you’re sick of your current job, or you’re looking to make some cash on the side, it might be the right time to open your own business. Opening a business is one of the best ways to start a journey to financial freedom – but this doesn’t mean that it will be easy....read more
If you’re just starting a new business, there are a host of different administrative tasks you need to undertake. It may seem like you have a mountain to climb in terms of paperwork. But the entire process can be made much easier if you have a good roadmap to begin...read more
Online businesses are opening across the country as more people use the internet to shop for products and purchase services. Creating an online business is now an effective way to scale a company in a short amount of time. With the amount of technology available,...read more
If you’re exploring the different options to help fund your business, there are a range of practical solutions. Term loans and business lines of credit are often the best types of finance to apply for if you need financing. Business lines of credit allow you to...read more
If you’re thinking of starting a small business, financing your venture is probably at the top of your concerns. It’s pretty much impossible to start a company without having the right amount of capital – obtaining cash to start a business is often the hardest part...read more
If you’re looking at different ways to help finance your business, you’ve probably come across SBA loans at some stage. Small Business Administration Loans (SBA Loans) are loans backed by the U.S. Small Business Administration. They’ve been used by countless...read more
If you operate a startup, it can be hard to find the funding you need to get things off the ground. Lenders tend to avoid startups, as they don’t want to be overexposed to risky borrowers. Many startups end before they turn a profit, so lending to a startup...read more
If you own or operate a business, you probably understand how important getting the right finance can be. Almost every business on the planet has obtained some form of financing at some stage – it’s a necessary part of starting or expanding operations. But sometimes...read more
Looking for funding for your business? If you don’t have the time or the credit for a loan from a bank to be a viable option, you may want to consider Kabbage or OnDeck, two online lenders. Both lenders offer a much faster application process than you’d find at a...read more
Businesses end up with unexpected expenses that cannot be ignored. Of course, commonly expected expenses cannot be brushed off either. With little cash flow or other fiscal problems, paying bills or covering other costs might seem extremely difficult to do. Business...read more
Businesses, like people, run short of funds. Actually, when businesses run short on money so do people. Someone owns a business. If the business has cash problems, then the owner has to address the problem. As a proprietor, it is possible to borrow funds in the name...read more
Having a line of credit for your small business can be advantageous in so many ways, allowing your new company to thrive and grow. Unfortunately, obtaining a line of credit can often be difficult, especially for business owners who don't have the best credit scores....read more
Creating a strong business with an outstanding profile doesn't only help with securing a loan; it's also crucial when attracting new customers. Unlike a personal credit report, anyone can see a business's credit profile. This includes partners, suppliers, loan...read more
Small businesses do need access to cash. Without liquid capital, a small business would have an extremely difficult time properly running day-to-day operations. Cash flow and other revenue streams can and do assist greatly with liquidity. Unfortunately, cash flow and...read more
A business line of credit can give you more flexibility. You will be able to borrow money and pay interest on the money that you borrow. You can repay and draw the funds as often as you wish as long as you stay within the credit limit. Do you need to buy inventory? Do...read more