Blog posts tagged with "Small Business Loans"

Is Venture Debt Financing Right for Your Business?

December 10, 2018
Startups face numerous hurdles on their way to success, even if they have strong venture capital backing. As a founder, you might not have the sales projections and credit history needed to get a traditional business loan. Venture capital is a launching point for many startups, but you’re giving away equity and diluting your ownership of the company. Luckily for you, there’s an in-between option, one where founders can raise funds from venture firms without giving away equity. That option is venture debt financing, and it might be a solution for your company’s capital constraints.

What is SBA Form 912 and Does Your Business Need to Complete It?

December 05, 2018
SBA Form 912 – Statement of Personal History, is a document that the Small Business Administration (SBA) uses to evaluate applicants’ character and credit eligibility who’re applying for an SBA loan.

The Pros and Cons of SBA Loans

November 30, 2018
If your small business is having difficulty securing financing from traditional lenders, you may want to consider applying for an SBA loan.

How to Apply for Bridge Financing

November 29, 2018
As a small business owner, you may find yourself needing funds to cover costs for a short time before you can secure permanent financing or receive customer payments; this is called bridge financing. This is very common if you’re paid in installments, purchasing property, or making any other large investment.

Everything You Need to Know About Nonprofit Business Loans

November 26, 2018
Although nonprofit organizations don’t seek profits, they still need money to remain operational. In fact, some nonprofit organizations take out business loans to fund programs and cover other costs. Business loans can provide access to vital capital but come with costs, including interest rates and fees.

What is an SBA 504 Loan and How Can You Apply?

November 19, 2018
The Small Business Administration (SBA) provides business owners with a variety of funding options. Although most businesses pursue the 7(a) loan, which is their most popular product, you should also be aware of other SBA financing options that may be better suited for your business needs, such as the SBA 504 loan.

What to Consider When Buying Out a Business Partner

November 16, 2018
Being in a business partnership is a lot like being married. There are good times and bad times, wonderful creations are made, and it’s a bond unlike any other.

Should Your Business Consider Purchase Order Financing?

November 07, 2018
Steady cash flow is a great asset to any business, but as an entrepreneur, you know that the process of getting repaid by customers is often anything but smooth. Sometimes, orders don’t come in a timely manner; they either slowly trickle in or get placed all at once. Plus, if you have a lot of orders to fill, you’ll need to pay a lot of money upfront to your suppliers. For new businesses, this can present numerous problems.

Pros and Cons of SBA Disaster Loans

November 06, 2018
Following a disaster — once you’ve ensured that everyone’s safe — the first thing your mind turns to is how much you’re going to have to pay to put the pieces back together.

Is an SBA Loan Right for Your Franchise Business?

October 30, 2018
Currently, there are an estimated 750,000 franchise establishments operating in the United States, and this number is only expected to grow. With a proper understanding of business operations and the ability to invest in an underserved market, the franchise industry is one that can be incredibly lucrative.