Finding a lender for a small business can be tough. Rejections often happen because of a few different reasons. Some of the more common reasons for business loan rejection are poor collateral, bad credit, and underperformance of the business....
Keeping proper business records is necessary, but it can be a frustrating prospect for the unpracticed and novice recordkeeper. Fear not! These types of records can easily be kept by implementing a few strategies to streamline the process and...
Your equipment – everything from computers to copiers, furniture to vehicles – is considered an asset to your business. Rightfully so, since most equipment is a pretty significant investment most of the time. From the vital equipment that keeps...
Interest rates are important to the financial health of your small business. These rates are the percentage of money a company charges in order to issue a loan, be it on a leased piece of equipment or an outright...
Asking for money is never an easy task. To be successful and achieve the funds needed for a small business, approaching lenders with a stellar loan proposal is paramount. Proposing a loan is an act of self-promotion that serves...
Millennials get a bad reputation in the business world. Oft-labeled as idealistic, lazy or entitled, there's a lot of negative press surrounding those in the generation aged roughly 22 to 37. It's worth looking at a list of strengths...
If you’re running a new business, being low on cash is an extremely common experience. To improve your cash flow without applying for a business loan, consider these solutions to help your business escape from financial troubles. Grow a Savings...
If you are a small business merchant in need of cash, it would be worthwhile to learn about the advantages and disadvantages of a merchant cash advance. Before further pursuing this type of cash advance, you need to consider...
If you’re a small business owner, you’ll likely want to purchase all the equipment you need as soon as possible so you can officially open your doors for business. However, some business owners are a bit more cautious and...
Securing a loan isn’t always easy, but there are some options that are more accommodating for small business owners. An SBA loan, or small business loan, can help you manage expenses and grow your company. Before you apply for...