Blog posts tagged with "Small Business Loans"

Business Loans vs. Private Investors: What's Right for Your Business?

June 15, 2018
If you’ve already decided that you can’t start or grow your business without financing, it’s time to begin weighing your options. Most likely, loans are among the first options that come to mind. However, according to the Small Business Association, an increasing number of business owners are opting for private funds.

How to Use a Business Loan for a Home-Based Company

June 13, 2018
According to data recently gathered by The Business Journals, nearly 70 percent of all new startups begin from the individual’s home. Working from home can provide business owners with a variety of benefits including independence, decreased costs, and increased efficiency. However, working from home also presents a unique array of challenges.

How to Use a Loan for Your Roofing Business

June 08, 2018
Every industry has unique needs when it comes to expenses. In the roofing industry, starting a business can be expensive –  but the payoff can be great. As the roofing industry continues to see increased profit and a positive outlook, it’s a good time to research business loans and determine how you can best use this financing.

How Much Collateral is Needed to Receive a Secured Business Loan?

June 07, 2018
Anytime you apply for a secured loan, the lender will evaluate your business based on some variation of “The Five C’s.” In any case, collateral will always be part of that evaluation. That’s because collateral provides protection for the lender if you’re unable to make your payments.

Fora Financial Acquires Significant Stake in US Business Funding

June 06, 2018
Fora Financial, a leading provider of working capital solutions to small- and medium-sized businesses, announced today that it has acquired a significant stake in US Business Funding (USBF). The combination will create one of the largest, broadest reaching direct sales organizations in the small business alternative lending space, while deepening the partnership between the two companies

Pros and Cons of a Non-Revolving Line of Credit

June 04, 2018
Whether you know it or not, you’re probably quite familiar with a revolving line of credit. That’s because a revolving line of credit works essentially the same as a credit card does. However, what’s less commonly known is what’s called a non-revolving line of credit.

The Pros and Cons of SBA Microloans

May 31, 2018
Small Business Administration (SBA) microloans are a popular form of business financing. The SBA’s mission is to spur the growth of small businesses. As such, the SBA provides a variety of loan programs for businesses that are otherwise struggling to secure financing.

7 Financial Terms that Your Business Should Know

May 30, 2018
Even if you’ve hired a skilled, trusted accountant or financial planner, you must have your own strong foundation of financial knowledge to be a successful small business owner. Otherwise, you risk being forced to make important decisions without knowing all the facts.

How a Consulting Business Can Utilize a Loan

May 22, 2018
As a consulting business owner, you’re responsible for providing your customers with specialized services. This could be through a variety of different types of expertise, such as strategy, financial advisory, operations, IT, among others. Through your services, your customers can save a considerable amount of money each year, and can improve their overall operations.

How to Use a Business Loan to Grow Your Tutoring Business

May 18, 2018
Running a tutoring business can be a rewarding venture. You’re able to educate young minds and help them accomplish their educational goals. Still, it can be difficult to grow your business while also affording consistent expenses, like rent, utility bills, and employee payroll, to name a few examples.