Throughout the business loan application process, you are going to sign quite a few documents. One of the most important signatures on the loan document is the personal guarantee, yet often times business owners don’t fully understand what they are signing here
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Vendor financing can be the most simple way to provide your customers with a one-stop-shop process for buying your equipment.
January 3, 2024 Read more
When you are looking for financing, it’s important to know how your personal credit score and history will look when…
December 27, 2023 Read more
When you’ve taken out a short-term loan, you may consider paying it back before the term is up. This might not necessarily be in your best interest. Here’s a closer look at why you should or should not pay back your short-term loan early.
December 18, 2023 Read more
A common mistake new business owners often make is only worrying about cash flow when reserves are getting low. When businesses are hurting with cash flows, it isn’t usually getting paid that is the issue, it’s when they’re getting paid.
December 11, 2023 Read more
Even though bank loans typically have lower interest rates than alternative lender loans, there are major benefits and quite a few scenarios where an alternative lender loan is the right choice for your small business.
A common mistake new business owners often make is only worrying about cash flow when reserves are getting low. When businesses are hurting with cash flows, it isn’t usually getting paid that is the issue, it’s when they’re getting paid. Inconsistent payments can lead to missed payments for bills, delayed employee paychecks, and/or a halt in your growth from inventory problems and not being able to satisfy all of your customers.
October 22, 2023 Read more
Profitability ratios provide useful and usable information to small business owners. These ratios can give you a large amount of…
October 15, 2023 Read more