Blog posts tagged with "Business Finances"

Fixed Rate vs. Variable Rate Business Loans: How to Decide

October 15, 2021
Along with the amount and length, your loan’s interest rate is one of the most important factors in finding the right financing. Yet while most borrowers focus on the number of their interest rate, the interest rate type is equally important.

Our Guide to Taking Out a Small Business Loan Extension

October 15, 2021
If you’ve taken out a business loan but are struggling to make your payments, you can apply for a small business loan extension. With a loan extension, you may be able to avoid defaulting on the loan and damaging your credit score. However, there are some drawbacks you should consider before you pursue one.

3 Financial Reports to Run Before Pursuing a Business Loan

October 14, 2021
Examining your business’s finances is the most important fundamental step you can take to prepare yourself for the business loan application process. Properly examining key business financial statements and information helps you:

The Ultimate Guide to Securing Small Business Grants

October 14, 2021
Finding the right funding option to grow your business can be challenging, and most financing providers will want something in return.

How Do Business Loan Rates Work? Our Complete Guide

October 13, 2021
Before signing a loan agreement, it’s crucial that you evaluate the business loan’s rate. Typically business owners do this by comparing their offer to average loan rates. However, business loan rates vary so widely depending on the type of business loan that you’re pursuing and other factors, the average rate is almost meaningless.

SBA Export Loans: How to Qualify and Use Each Program

October 13, 2021
Businesses that need financing to export their products often find that traditional lenders won’t work with them. Often, this is because banks view providing loans for exporting as high risk.

What Is a Business Loan Amortization Schedule?

October 12, 2021
Understanding business loan amortization is fundamental to accurately comparing one loan versus another.

How to Qualify for an Installment Loan as a Business Owner

October 08, 2021
Most likely, if you’ve researched types of financing, you’ve heard of installment loans. Although there are many types of installment loans, including personal loans and student loans, we’re going to focus on installment loans for small business owners in this post.

SBA 7(a) Loans vs. SBA Microloans: How to Decide

October 07, 2021
Since 1953, the Small Business Administration (SBA) has helped countless small business owners receive necessary financing. The SBA’s primary mission is to assist business owners and strengthen the U.S.’s economy, which is why they offer various loan options. If you’re a business owner that requires financing, but hasn’t been approved for traditional options, you should consider applying for an SBA loan.

What You Should Know About Business Loan Approval Rates

October 07, 2021
A small business loan can help you run and grow your business. Whether you need cash to cover the cost of payroll, inventory, marketing, equipment, or anything else, it’s a great option.