All posts by Mariela Merino

Lines of credit allow businesses to borrow money for expansion projects, pay for expenses like bills, and fill inventory orders, are some examples. In this post, we will talk about the two types of lines of credit which are revolving and non-revolving. Both options serve different needs and have their own interest rates, limits, terms, and application requirements. After reading this post, you will be able to determine which one is right for your business.

As a small business owner you have to deal with business expenses all the time, and some are more costly than others. From paying your all of your employees to managing your day to day expenses, if you are not being proactive about it the expenses can add up quickly, affect your revenue and could lead to failure of your company.

Having access to capital is critical for any small business owner. In order to get capital, you will need to prove that you have a strong history of repaying debt to convince most lenders to give you a loan. However, if you have an open bankruptcy, it can be hard to qualify for a loan. It is not impossible to get a business loan if you have declared bankruptcy. Many lenders will consider your application depending on the circumstances that led to your bankruptcy and what you learn from it.

Startups face numerous hurdles on their way to success, even if they have strong venture capital. You might not have the sales projections and credit history needed to get a traditional business loan. In this post, we will review what venture debt financing is, so you can figure out if it is the right solution for your company’s capital constraints.

Finding the right bridge financing solution at the right time can help you take on more clients and give you piece of mind. Bridge financing is often misunderstood or misused by uneducated borrowers. Keep on reading to find out how bridge loans work before you apply, and the pros and cons of the product.

Cash flow can fluctuate even for well-established businesses. Bills are due whether you have cash, nor not so that is why people turn to a personal line of credit to fill in cash flow gaps. Understanding the pros and cons of using a personal line credit will allow you to see if it is the right type of financing for you, how to utilize it, and compare it to other business financing options.

Inventory financing is a type of financing loan that is used to fund inventory purchases where the purchased inventory is used as collateral to secure the loan. Besides keeping your shelves stocked with inventory, inventory financing also allows you to purse opportunities from suppliers. Inventory financing can help improve your company’s cash flow and provide funds to pay for business expenses or purchase additional inventory when needed.

It is important to consider what is next for your business, such as starting a new venture that will expand your existing product lines or service. Business expansion is a great way to earn more sales and grow your customer base but there are many components to think about before you get started.

Small Business Administration Loans are a popular option for businesses that need financing quickly. Unfortunately, many businesses struggle to secure financing through banks and other alternative sources. Start ups are usually too risky because these business owners have low credit scores.

One of the quickest ways to obtain a significant amount of capital to buy a business is to do it through seller financing. There are benefits and drawbacks to seller financing. It is fast but can be more expensive, even if it seems like a good deal. However, you will not know if you should consider this type of financing until you understand how it works and how it can benefit your business.