How New Businesses Can Get Funding

It can be frustrating for owners of new businesses to apply for funding to a bank and receive a denial almost right away. However, just because a bank didn't approve your business funding request doesn't mean other financial institutions...

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Preparation for a Commercial Real Estate Loan

Residential real estate investing is significantly different from commercial real estate investing. Though there are some similar aspects, they are different areas of investment and are treated as different. That is why it is necessary to prepare differently for...

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The Benefits of Monitoring Your Business Credit Report

The information that business reporting agencies publish about your company shows potential creditors how well it has performed in meeting financial obligations to lenders, suppliers, vendors, and other companies. The information contained in these reports changes frequently due to...

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9 Tips for Improving Customer Retention

Customers are the lifeblood of every business and significant effort is expended to attract them. However, customer retention—keeping existing customers satisfied, engaged and repeatedly accessing your business is even more important. As business management expert Peter Drucker said, "The...

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Is Your Credit Score Affected By Factoring?

As a business owner, you may have wondered if factoring can affect your business credit score in any way. The short answer to this is 'no', because factoring has no impact whatsoever on what your business credit score might...

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Where to Find New Clients for Your Business

Acquiring new customers is an absolute necessity for virtually all businesses, especially since most businesses are also constantly losing customers for various reasons. There can be a huge cost associated with acquiring new customers, and that's why many companies...

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How to Boost Your Cash Flow

The efficient management of cash flow is an integral aspect of running a business. Strong and steady cash flow enables you not only to pay your bills but also to grow your business by taking on new personnel and...

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Is it Necessary to Use Collateral for a Loan?

Collateral has always been one of the major factors considered by traditional lenders, in terms of deciding on whether to approve a borrower's application or not. This is understandable, given the fact that it's entirely possible the borrower will...

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Trends of Apartment Renters in Commercial Real Estate

Purchasing residential rental units can be a highly lucrative choice for a commercial real estate investor. In fact, as of 2018, renters represented the majority of residents in 22 of the largest cities in the United States. Apartment dwelling can...

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6 Tips for Equipment Financing in the Construction Sphere

Construction related businesses typically need lots of costly equipment in order to operate. However, purchasing equipment does not have to be a barrier to getting your new contracting or construction business up and running. Equipment financing from alternative, non-bank...

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