Blog posts tagged with "Small Business Loans"

How to Secure Financing from Private Business Lenders

September 24, 2021
Private business lenders are organizations or individuals that originate and/or service loans for small businesses. Essentially, a private business lender is any entity that makes loans to businesses and isn’t a bank or credit union.

How to Secure Construction Equipment Financing for Your Firm

September 23, 2021
Significant advancements in equipment have changed the nature of competition in the construction industry. Today’s reality is simple: without reliable, effective tools, contractors can’t compete.

Senior Care Business Financing: How to Apply

September 22, 2021
Revenue in the senior care industry declined sharply in 2020 due to COVID-19. While the worst of the pandemic seems to be over, challenges remain. In particular, many providers are grappling with severe labor shortages.

10 Tips for Avoiding Business Loan Scams

September 21, 2021
Business loan scams have been around for a long time and they’re not going away. Nearly two thirds of companies surveyed by the Better Business Bureau said they’d been targeted by a scammer in the past three years.

Insurance Agency Loans: How to Qualify and Use Funding

September 20, 2021
For smaller insurance agencies, financing is often the biggest barrier to growth. Even with the great customer care that you can provide on a small scale, the cash needed for growth is prohibitive.

The Top Pros and Cons of SBA Export Loans

September 17, 2021
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 Navigate the SBA Loan Underwriting Process

September 16, 2021
If you’ve struggled to qualify for traditional business financing options, it might be time to consider a Small Business Administration (SBA) loan.

How to Get a Small Business Loan with Bad Credit

September 16, 2021
As you probably know, maintaining an above average credit score is immensely important while running a small business. This can be especially pivotal when you’re in need of additional working capital and want to apply for a small business loan from a traditional lender. Unfortunately, if your credit score is low, it can make it very challenging to get approved for financing.

The Pros and Cons of Installment Loans for Business Owners

September 15, 2021
If you’ve ever taken out a student loan, a home mortgage, or an auto loan, you’ve been the recipient of an installment loan. These versatile loan types are widely used throughout the personal and commercial lending industry.

The Top Pros and Cons of a Revolving Credit Line

September 15, 2021
Applying for a revolving line of credit can be a great way to borrow money for your small business, especially if you experience cash flow shortages. Typically, these funds are used to afford fluctuations in operational expenses.