For new and small businesses, the slightest hold up in revenue can cause operations to grind to a halt. Something as simple as making payroll can become a huge challenge when revenue is tied up in unpaid client invoices. Overcoming financial obstacles can be very easy...
Not every business has the best credit ratings. New and small businesses often have bad credit ratings which fall below the requirements of the funding options available to other companies. In the case of small businesses, credit rates are often low due to existing...
Loan rejections are not as uncommon as people would like to believe. However, loan rejections can be discouraging and frustrating for new and small business owners and can prevent them from growing or remaining competitive. Fortunately, a bank loan is not the only...
Collateral based loans are nothing new. Banks and other lenders have been demanding collateral as a form of security against the capital borrowed by businesses since time immemorial. For new and small businesses, collateral based loans present a much bigger risk....
There is no doubt that we are in an economic upswing. Employment is low, businesses are producing more, and people have the excess income to purchase the goods and services they want. No one can predict how long this economic cycle will last, which is why it is...
The Fed announced at the start of 2018 that interest rates may see at least three increases over the course of the year. With rising business loan interest rates, entrepreneurs are looking elsewhere to find capital to launch, maintain, and grow their businesses. Why...
