Financing Your Business with a Credit Card and Loan

Financing Your Business with a Credit Card and Loan

If you are ready to procure business financing, you have different options to consider. You can receive a loan from a bank, SBA, alternative lender, or use a business credit card. Credit cards and business loans provide quick access to funding but work differently. Due to this, you need to compare business loans and credit cards to see what option is right for your business at this time.

5 Things to Consider When Buying Out Your Business Partner

5 Things to Consider When Buying Out Your Business Partner

Having a business partnership can be great but there can also be bad times as well. Some of them will come to an end and might end in a good way or bad way. If you are considering buying out a business partner, there are a few key points that you should keep in mind.

Is It Hard to Get a Business Loan?

Is It Hard to Get a Business Loan?

There are many factors that go into getting a business loan, which can make it difficult for the applicant seeking funding if they do not meet the right requirements. Some of the factors that are considered include credit history, time in business, annual business revenue, purpose and type of loan, and the lender of choice.

Why You Should Not Apply for a Bank Loan

Why You Should Not Apply for a Bank Loan

Financing is critical for the early stages of growing and starting a business. You are likely to require a loan to keep operations going or purchase assets unless you are able to raise capital from other sources. Most banks offer loans to small business owners, you might not qualify especially if your business is a startup.

5 Reasons Your Line of Credit Application Was Rejected

5 Reasons Your Line of Credit Application Was Rejected

Having your application get rejected can be frustrating whether you are applying for a line of credit for personal reasons or business reasons. Not only can being rejected negatively impact your credit score, it can also stop you from receiving the financing you need to keep your business running.

How to Finance Your Business with a Small Business Loan and Credit Card

How to Finance Your Business with a Small Business Loan and Credit Card

Small businesses are important for the economy but there are many obstacles that can hinder a business from succeeding. One common setback is the failure to find proper funding during the beginning stages of opening a new business.

How to Finance Your Business with a Small Business Loan and Credit Card

How to Finance Your Business with a Small Business Loan and Credit Card

It is important that you as a business owner know how to calculate gross profit and gross profit margin. Calculating a business’s gross profit and gross profit margin is an easy way to track financial performance. These 2 metrics are what are often referred to as key performance indicators (KPIs).

Business Loan Do’s and Don’ts

Business Loan Do’s and Don’ts

When you are just starting a business, you might be overwhelmed with how many things you need to think about. Probably at the top is how to finance their business.

What to Know About Offering Net Terms

What to Know About Offering Net Terms

Many companies practice offering trade credit to commercial clients. Sellers provide credit by the way of net terms which is also known as dating terms, trade credit, payment terms, business credit or customer credit. This allows buyers to buy now and pay later such as 30, 60 or 90 days before payment is due.

How to Expand Your Construction Business Using a Loan

How to Expand Your Construction Business Using a Loan

The construction industry has grown enormously over the past several years. According to the U.S Census Bureau the industry has exceeded over one trillion dollars. However, contractors are not prepared to take advantage of the surge.