An Overview of Retail Loans

An Overview of Retail Loans

Retail loans are loans obtained from retail lenders. In some cases, the phrase can also apply to loans taken out by retailers. There are some similarities and differences between these two definitions so here is an overview and at some of the concepts.

Pros and Cons of Private Loans

Pros and Cons of Private Loans

There might come a time in your small business when you are ready to grow but do not have enough cash to take that next step. Private loans can help a small business find money to grow. Although there are multiple loan options to choose from, a private loan might be right for you.

The Downside of Asset-Based Lending

The Downside of Asset-Based Lending

Most small business owners rely on small business loans when they seek financing. However, most small businesses are denied a loan.

What Really Happens If You Default on a Loan?

What Really Happens If You Default on a Loan?

You might have had every good intention of paying back the loan you needed when you were tight on cash. But now you might have fallen behind on the payments or you cannot catch up anytime soon. Whether the loan came from a traditional bank or an online lender, here is what happens when you default on a loan.

What is Online Lending?

What is Online Lending?

Online lending is a loan that is not directly from a traditional bank. Many online lenders are referred to as an online lender because they are an alternative to a traditional bank. The term has been used to include credit unions, government loans and other credit that is structurally similar to bank loans but comes from or through a different source.

How to Build Credit as a Small Business Owner

How to Build Credit as a Small Business Owner

Businesses that are large or small rely on borrowed capital to fuel growth and fund other initiatives. Small business owners need to understand how their credit impacts their ability to borrow more than the average consumer looking to purchase a car or house.

How Do You Create a Marketing Strategy for a Small Business?

How Do You Create a Marketing Strategy for a Small Business?

Having a good marketing strategy is essential for any business no matter the type of industry you are in. it can help a small business build brand awareness and accomplish their goals. Here we are going to discuss what you can do to create a small business marketing strategy that works for your business.

Does Your Business Need to Declare Bankruptcy?

Does Your Business Need to Declare Bankruptcy?

Declaring bankruptcy is not an easy decision to make. It is the solution business owners turn to after going through all the other options. Business owners realize they need to make a major move to pay off outstanding debt and close or reorganize their companies.

How to Grow Your Business on a Tight Budget

How to Grow Your Business on a Tight Budget

It is crucial to continue growing your business whether to raise profits, expand operations, or shelter against economic disasters. It takes time, strategy, and money to grow but there are many ways to make an impact without overspending.

How to Buy Out Your Business Partner

How to Buy Out Your Business Partner

So, you want to buy out your business partner but do not know where to start. It is normal, the process can be complicated. To minimize potential issues, it is critical to approach a buyout with care and having a strategy. If you are considering changing your business partnership by buying out another partner, the following six steps will ensure you have a smooth transition.