Just as individuals need credit in order to buy homes or cars or to make repairs to their homes, businesses may need credit to progress their business plans and operations. However, banks and other financial institutions cannot simply give...
The entrepreneurial spirit has its ups and downs. Sometimes, you may feel as if you're on top of the world, ready to take on anything. Other times, you may be completely terrified and powerless. Entrepreneurs have to just keep...
One of the most daunting tasks of fledgling entrepreneurs is sustaining the growth of their businesses. Often companies begin in a whirlwind of expansion but then slow down or stall as inevitable difficulties arise. Here are some tips on...
Healthy cash flow is essential for small business prosperity. However, many entrepreneurs equate sales with success, fail to efficiently manage cash flow, and run into major difficulties. Cash flow problems can become especially acute with seasonal businesses. Here are...
The Small Business Administration offers many resources for small businesses, including loan programs that are guaranteed by the SBA. The SBA itself isn't a funding institution, but it backs loans made by banks and lenders to give small business...
A merchant cash advance can be an ideal funding option for businesses which typically have a high volume of credit card sales, and may have difficulty securing funding from other sources. Businesses in this category are quite often retail...
There are number of advantages which small business owners can expect from asset-based lending, and these advantages can make asset-based loans even more appealing than securing loans from traditional lenders. Below are identified some of the ways that asset-based...
Making an equipment purchase can be a very sound decision for a small business owner, as long as the business generated by having the equipment is significantly more than the cost of purchasing it. Here are some tips on...
Commercial real estate funding has always been somewhat difficult to secure, unless you had a large project in mind and were an established business entity that banks felt comfortable with. However, anyone that didn't fall into that convenient category...
At one time or another, most churches find themselves in need of financing for some can project which has to be carried out, such as improvements, renovations, or equipment purchases. When major funding for such projects is needed, there...