All posts by Mariela Merino

Many people use the terms debt consolidation and debt refinancing interchangeable, but they are not the same. This difference is important when you are speaking with potential investors. In short, debt refinancing replaces one loan with another one. Debt consolidation replaces a group of loans with a single loan.

If you are a business owner who is trying to figure out if debt refinancing is right for you then this is the right article for you. We will cover how you determine if you need refinancing, the pros and cons of refinancing, types of debt that can be refinanced and much more.

It might be worth considering a business debt consolidation if you are carrying multiple business loans. It is a great way to streamline your debt repayment into a single monthly payment, ideally at a lower interest rate. It can make repaying business debt more affordable and manageable, especially if you are consolidating high interest forms of financing credit cards, lines of credit or merchant cash advances.

Every business needs cash. One of the most common business failures is the lack of cash a business has and also because of poor cash management. Cash problems can kill business that would have survived otherwise.

If you plan to obtain funding, you should start with a solid business plan. If your business plan is convincing, then your chances of obtaining funding are greatly enhanced. Lenders and investors want to see proof that customers want your product or service and are willing to buy it for a price at which you can make a profit. The more tangible evidence you offer of this claim, the better chance you have.

Most businesses need financing or will need financing at some point. Cash flow is different from profits, so profits do not guarantee money in the bank. There’s financing needed to manage starting costs, inventory, waiting to get paid, and other factors.

You have probably heard of the term “venture capital” before but you might not be one hundred percent sure on what it means. It is an investment method that can help you to get your startup off the ground. You can also use it if your company exists already, but you are trying to expand and take things to the next level.

You took the time to develop a plan and submitted it to investors. You are comfortable with the plan, but several investors have declined you.

One of the most important tasks of a small business owner is finding capital for their business. However, most business owners have no idea about where to start when it comes to finding money. This is crucial to understand because your business needs capital. Your capital needs will change over time, which is why you need to build a strategy for capitalizing your business from the beginning. This is where most business owners fail. They come up with great concepts, good marketing, hire the right people but they fail because they never planned for the capital their business needs.

When you start a new business, you might need some funds, but you might lack the money to invest in yourself. So how do you get the funds without losing equity in your business? Start-up investment usually involves equity. Why else does somebody risk money?