It can be tricky to get access to capital and grow your business, especially when your business is in its early stages. Many investors are hesitant to put money into companies that do not have a history of growth or revenue. However, there are options you can consider. One of the most common ways early-stage companies raise money is with convertible notes.
Most businesses cannot dip into their working capital to help cover costs for large expenses such as investing in new equipment. Most companies go through a process called capital budgeting to determine whether the investment is worthwhile or not.
In the world of business, it takes money to make money. Having extra cash as a small business can really come in handy for many reasons. Whether you need the cash to start the business or need some temporary funds to cover payroll, a small business loan can help get the job done. In this article we will discuss how to get a small business loan and what alternative options are available.
Most companies that sell products or services to customers have to offer payment terms - the option to pay invoices in net 30 to net 60 days. Many customers will only do business with you if you offer these terms. Some companies may pay late with many days past due. Others might be happy to take your product or service and never pay at all.
When you are a business owner, it is important to understand the difference between your personal credit score and business credit score. They each contain different information, so the scores are not necessarily correlated. When you apply for a loan, lenders will review your personal credit before extending business credit. On the surface, personal credit relates to your personal financial history and the other to your business’s financial history. Here we will explain the rundown of the difference between personal and business credit and how they relate to each other.
Non-notification factoring is a form of invoice factoring that minimizes interactions between the factoring company and your client. This enables clients to operate with fewer monitoring restrictions which makes the program more user-friendly. We can offer non-notification programs to select clients.
One of the main challenges for a company is getting a large purchase order but not having enough money to fulfill it. This scenario can be a problem for product re-sellers, wholesalers, and distributors that are growing too quickly.
Growth can bring problems to a business which comes surprising to many entrepreneurs because they think that all growth is good. But growing sales too quickly, or getting a single very large order, can create serious cash flow problems. These problems can cause permanent damage to your business if they are serious enough.
Peer-to-peer (P2P) lending has been gaining popularity as an alternate source of financing for individuals. Peer-to-peer lending can be used to finance small businesses and startups too. In this article we will outline the basics of peer-to-peer lending and its advantages and disadvantages.
Asset based loans have been gaining popularity in recent years. They offer a number of the advantages that you can expect from similar products, such as a line of credit. However, qualifying for an asset-based loan is a lot easier.