Generally, the process of obtaining small business financing is long and challenging. Conventional loans require a solid credit history, excellent financials, and a minimum of two to three years in business. Even if a business meets the strict requirements,...
Many people get into real estate investing as a way to supplement their income and are happy doing just that. Others may start with that same goal but quickly realize that replacing and even surpassing their income isn’t out...
If you're a successful business owner, you probably will be making financial decisions having to do with borrowing money as you start to scale. There are many alternatives to choose from, each with advantages and disadvantages. One solid option...
Most entrepreneurs who are launching their first businesses are passionate about their product lines and eager to grow. However, it is important for entrepreneurs to have a firm grasp of the financial state of their startups at all times....
Starting and growing a successful business is not an easy task even in the best of circumstances. One of the main challenges is finding funding to pay for significant purchases. Many banks and other traditional lenders are hesitant to...
If your business has ever struggled to find the working capital necessary to handle incoming purchase orders, you may be looking for a short-term funding solution. Purchase order financing could be the answer to your needs. Understanding how this...
Investing in an existing brand can be a great way to start a business that you can be confident is likely to succeed. Franchising is a win-win arrangement that can do a lot of good for all involved. However,...
Have you ever considered getting a line of credit for your business? You may have heard that this is a valuable financial tool. However, it may leave you wondering how to use a business line of credit. Is it...
As with many financial tools, deciding whether invoice factoring is a good fit for your company depends on your specific business operations. Many business owners love this alternative financing method. For seasonal businesses, it provides a stability that is...
Maintaining excellent cash flow is important for every business. This is a sign of your business’s health. With strong cash flow, you can reinvest in company growth, taking care of needs such as hiring additional employees, purchasing more inventory,...