Tag: bank loans
graduate to bank financing

What are some things to look out for with small business funding?

Business financing comes with a lot of options and lots of benefits and costs to your small business growth. When comparing financing options there are a few critical areas to examine. Overlooking this step in researching your future financing partner may lead to unfavorable financing that damages…

overcoming small business challenges #TheMoneyFactor

Overcoming Current and Future Small Business Challenges

I’ve been in the industry for almost 30 years like my guest, Kris. I can honestly say we’ve been through a lot of recessions before, but I don’t think either of us have ever experienced an overnight shutdown of the economy quite like this one. I…

graduate to bank financing

How Factoring Can Help You Graduate to Bank Financing

When you need working capital to support your small business growth, you may apply for a bank loan or line of credit. Bank financing is desirable for a number of reasons, but often, bank financing can be just out of reach for small business owners. This…

working capital loans for small business

What Are Working Capital Loans?

What are working capital loans for your business? Every business, small, medium, or large needs working capital. It is the finance fuel that helps you maintain and grow your business. Working capital covers your payroll and all your business expenses, whether it is a line of credit or a different…

Can You Qualify for Long-Term Business Financing?

Long-term financing right now is a challenge for many people, but there’s some good news out there. We’re seeing a lot of inquiries where people have taken out two or three different online loans. They’ve stacked them so to speak, but they have great receivables and…

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Are Banks Lending to Small Businesses?

Typically small businesses will turn to banks for funding. When banks slow on lending, there are alternative financing options like online loans or merchant cash advance loans. Are banks lending to small businesses? Where do small businesses turn for funding when both banks and online loans…

business growth

Startup Business Financing

Start up businesses will have their own unique challenges in finding business financing. Many companies get their start during recessions, but how do you prevent your startup business from joining the 25% that fail in their first year? You focus on strengthening cash flow. Bank loans…

Is There a Small Business Vaccine?

Many folks have their hopes resting in a vaccine in order for life to return to normal. Unfortunately, the situation is a bit more complicated than that. Even with a vaccine, small businesses have been closing left and right. Many small business owners don’t know how…

#FearlessFactoring Flying or Revenue?

There is something so exciting about flying. That humans can be flown thousands of miles in a metal tube over the course of mere hours is amazing. Along with this excitement comes fear. It doesn’t feel natural to be high up in the air. Each jostle…

Watch Face with Business capital on it

How to Get Small Business Financing Right Now

The Federal Reserve Banks publish an annual small business credit survey report. The 2020 SBCS Report on Employer Firms is based on survey responses of small business owners from the second half of 2019. These responses show the current challenges of business financing and credit that…