It’s not always necessary to apply for a traditional bank loan for business capital needs. While SBA loans and other long-term loan types offer excellent terms for large purchases of machinery, vehicles, and real estate, they can take longer...
Starting a business using a franchise is an excellent way to hit the ground running when it comes to profits. Franchises typically have a great reputation, professional equipment, and training that saves you time for getting started. Of course,...
When a business is starting out, it’s common for it to need commercial loans. If you’re in the market for commercial real estate and plan to use a loan, then you need to be aware of some of the...
Cash flow is often the biggest and most immediate concern for entrepreneurs. It is defined as the total amount of money coming in and out of a business. Positive cash flow means that you have more revenue than expenses....
Business partnerships are a cornerstone of many companies, big and small. You and your partner may be starting from the ground up to bring a vision to life together. You may be considering taking on a business partner after...
Accounts receivable financing can be a valuable way to get valuable working capital when your business needs it. In this method of financing, your business factors unpaid invoices in exchange for a large portion of the total invoice value...
Starting a business can be a little scary. Everyone has heard statistics that most new businesses fail and owners spend massive amounts at work each week. If you are able to face your fears, the rewards of becoming an...
Just like in your personal life as you seek loans, credit scores are critical in the business world as well. As you get your small business off the ground, or as you seek to expand your operations by purchasing...
No matter how large or small your business may be, and regardless of what type of industry you operate in, it’s crucial that you use wise financial practices. One of the biggest challenges you’ll face when you start a...
In both personal matters and business needs, it’s ingrained in people’s minds that when they need a loan, they head to their local financial institution to discuss their options. While this might be the right move for you in...