For small businesses in need of funding, the Small Business Administration offers solutions. The organization partially backs loans provided by banks, mitigating the risk for lenders. One of the most common types of SBA loans is the SBA 7(a)...
If you plan on obtaining a line of credit to boost your business, understanding what preconditions you must meet before making your approach is highly beneficial. Here are the critical factors that banks and other lending institutions typically examine...
Believe it or not, the practice of factoring to raise working capital has old roots, older than almost any other form of debt financing. Its roots go back to classical times when merchants traded across the vast distances covered...
Some experienced estate investors suggest avoiding the purchase of a fix and flip property during the winter months. The upkeep and renovations can be more difficult, and wintertime is notoriously more difficult to find buyers or renters. This is...
Borrowing money for commercial real estate purchases can be an intimidating process because it involves a huge expense and usually a lengthy process. It can take months to get all the paperwork gathered and submitted to the lender as well as to...
If you’re looking for an alternative funding option to traditional business loans, consider applying for SBA loans. An SBA loan is backed by the Small Business Administration and comes with some unique traits. Here are some common differences between these two typical...
Entrepreneurs face a constant stream of challenges every day. In the early days of a new business, keeping the doors open and staying on top of paperwork are both full time jobs. But if your business credit score is hurting your ability...
There are a number of moving pieces involved with running a successful business in the manufacturing industry. Outside of the literal equipment used in your operations, you also need to think about cash flow. When your business runs into issues with its...
One of the most important things you have to keep track of as a business owner is your cash flow. This helps you do everything from pay the bills to save up for purchases to help you expand operations. With a merchant...
There are a number of different considerations you need to take when running your own company. In order for your business to stay successful, it is important to take time to think about your budget. When an old piece of machinery needs...