Blog posts tagged with "Small Business Loans"

The Ultimate Guide to Equity Financing

June 19, 2019
In a survey by Intuit, 75 percent of small business owners said they relied on their own personal savings to start their business. However, starting a business is one thing and growing it is another. For sustained business growth, you’re likely to need some form of additional financing.

Pros and Cons of Business Inventory Loans

June 18, 2019
Not having enough cash on hand to purchase inventory can hurt your business, especially if your sales volume is highly seasonal or you have multiple locations. However, even if your sales stay fairly steady throughout the year, not having enough stock levels on-hand results in missed opportunities. This is a problem that many entrepreneurs face.

How to Get Small Business Loans in NYC

June 18, 2019
Running a small business in the city that never sleeps is something that many businesses strive for, but it isn’t always as glamorous as it may seem.

Can You Get a Business Loan Without Collateral Assets?

June 14, 2019
As a small business owner, you’re going to need a cash influx at some point. Don’t get excited; the cash doesn’t go towards paying yourself an extra bonus for the year – you’ll need it to expand, improve cash flow, and renovate your business to eventually generate more revenue.

Should Your Business Apply for a Medium-Term Loan?

June 14, 2019
As a small business owner, opportunities often arise to improve or expand your business. Of course, you don’t always have enough capital at the right time to fund these projects. Fortunately, a variety of business financing solutions exist that allow you to bridge these gaps in cash flow and grow your company.

4 Ways to Use a Liquor Store Loan

June 13, 2019
Owning a lucrative liquor store business can seem like an easy venture but there are numerous components that go into making it a success. When running your store, you’re responsible for following liquor 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.

How to Calculate the Cost of Debt

June 12, 2019
As a small business owner, you have a variety of tools you can use to finance your business. Debt is one of those tools, and it’s been around for more than 5000 years.

What You Should Know About USDA Business Loans

June 11, 2019
Much like the SBA, the United States Department of Agriculture and Rural Development (USDA) guarantees loans to stimulate business growth. The main difference, of course, is that USDA loans are designed to help agricultural and rural business owners.

SBA Community Advantage Loans: What Are They and Who Qualifies?

June 07, 2019
Wondering what an SBA Community Advantage Loan is or whether you qualify? SBA Community Advantage Loans are guaranteed microloans that provide up to $250,000 for qualifying small businesses. In addition, they are a great resource for businesses that have been unable to secure financing elsewhere.

Revolving vs. Non-Revolving Lines of Credit

June 06, 2019
Lines of credit allow businesses to borrow money for expansion projects, pay for consistent expenses like bills, and fill inventory orders, just to name a few examples.