Blog posts tagged with "Small Business Loans"

How to Apply for an Equipment Loan

August 20, 2018
Having the right equipment is vital for your small business. However, you may lack the necessary funding to secure high-quality equipment, making it difficult for your business to function. It might be tempting to buy lesser equipment, or make do without, but this could be detrimental to your small business’s success.

How to Apply for an Inventory Loan

August 16, 2018
If you need additional financing to pay for inventory, you’re not alone. In fact, over half of the small business owners who borrow money use the funds to buy inventory.

How to Determine if an SBA CAPLine is Right for Your Business

August 15, 2018
The Small Business Administration (SBA) was created in 1953 to provide resources to small businesses. Since then, the role of the SBA has significantly increased, as they provide numerous financing options for small business owners to choose from.

Leasing vs. Buying a Vehicle for Your Business

August 10, 2018
Most likely, your company will require a car or van for business purposes at some point. Unfortunately, it can be stressful to decide whether you should lease or purchase a vehicle. Every business is different, and the best way to pay for a reliable vehicle will depend on your individual circumstances.

The Pros and Cons of SBA Export Loans

August 09, 2018
Small businesses are the backbone of the American economy, employing over 56 million people and accounting for roughly 33 percent of exports. Still, it can be difficult for small businesses to market and sell their goods overseas. That’s why the Small Business Administration offers export loans, which support export-related activities.

How to Use a Business Loan to Grow Your Brewery

August 03, 2018
As a craft brewery owner, your job is to provide customers with a variety of beer options, helpful customer service, and an overall pleasing experience. Still, even if you’ve mastered these crucial elements, there’s always room for improvement. That’s why a small business loan can comes in handy!

How to Use a Business Loan for Your Catering Business

August 02, 2018
Small business loans are a practical and useful resource for businesses in nearly every industry. Loans can be used to get a business off the ground, cover day-to-day costs, or expand the company over time, just to name a few examples. As a catering business owner, you have unique needs, as you’ll need to build a consistent customer base, invest in catering equipment and inventory, and market your services through the appropriate channels.

Why You Should Use a Business Loan to Update Your Landscaping Equipment

July 31, 2018
Your landscaping business can’t operate without the necessary equipment, and you might be losing out on revenue by having outdated machinery or the wrong tools. While new equipment can be expensive, it could be a worthwhile investment that helps your business grow.  

Pros and Cons of Business Inventory Loans

July 30, 2018
Not having enough cash on hand to purchase inventory can hurt your business, especially if your sales volume is highly seasonal. However, even if your sales stay fairly steady throughout the year, not having inventory on-hand results in missed opportunities. This is a problem that many entrepreneurs face.

4 Ways to Use a Loan for Your Liquor Store

July 27, 2018
Owning a lucrative liquor store can seem like an easy venture, but there are many components that go into making it a success. When running your store, you’re responsible for following liquor-related laws, restocking inventory, and providing helpful customer service, among other tasks. Having a business loan can be extremely beneficial, and can enable you to enhance various aspects of your business.