5 Benefits of An Inventory Loan

5 Benefits of An Inventory Loan

Having adequate inventory to meet customer demand is a concern for many small businesses. Unfortunately, inventory can be one of the most challenging things for small business owners to manage due to fluctuations in sales. There are many financing options available to small business owners, including an inventory loan which is the best option in this case.

The Four Best Ways to Use a Bad Credit Business Loan

The Four Best Ways to Use a Bad Credit Business Loan

Your credit score can affect your small business’ ability to acquire capital. Lenders want to work with business owners who have favorable credit scores since they consider it an indicator of whether they will be repaid. If your business has a limited credit history or a bad credit score, you might want to apply for a bad credit business loan.

The Right Time to Get Your Small Business Loan

The Right Time to Get Your Small Business Loan

Most business owners think that the best time to apply for a business loan is when there is financial need. However, some of the best times to apply is when you are expanding, expecting a rush, or needing to cover expenses for a slow season. When applying for a business loan, it is best to be as prepared as you can. Below we will explain common situations in which your business can reap benefits of a business loan and how to get started.

How Different Industries Can Use a Line of Credit

How Different Industries Can Use a Line of Credit

Having a line of credit can help your business pay off your old debts or expand quicker than would otherwise. A line of credit is something that can extend your business’ ability to spend which is extremely beneficial. In this post, we will go over how a line of credit can help businesses in various industries.

Things You Might Not Know About SBA Loans

Things You Might Not Know About SBA Loans

There are many reasons that you could utilize business financing when you are a small business owner. Whether you want to start a new business, purchase a franchise location, or want to build your existing business. No matter what your situation is, a Small Business Administration (SBA) loan can be a great option to pursue if you need additional capital for your business. In this post, we will discuss five things that you might not already know about SBA loans.

How a Business Loan is Different from a Line of Credit

How a Business Loan is Different from a Line of Credit

At some point in your business, you might need financing to grow. Where capital comes from can affect your business’s prospects and is not a decision to be taken lightly. Two of the most common forms of financing are business loans and lines of credit. We will explain the differences between these two products so that you can determine if either of them is the right option for your business.

8 Questions to Ask If You Have Bad Credit but Want a Business Loan

8 Questions to Ask If You Have Bad Credit but Want a Business Loan

If you need additional financing to grow your business, you might be interested in applying for a business loan. If you have poor credit score, attaining a business loan can be hard and requires additional consideration. You will need to determine who will provide you with financing, despite your low credit score, and how it all affects your business in the future.

Your Dun & Bradstreet Rating and Its Importance to Your Business

Your Dun & Bradstreet Rating and Its Importance to Your Business

One of the most popular credit reports for businesses is the Dun & Bradstreet report. Dun and Bradstreet (D&B) is a credit reporting agency that collections private and public information to produce a credit profile. Dun & Bradstreet provides PAYDEX business credit scores as well. Your D&B business credit report shows your company information including operational data and public filings such as liens and bankruptcies. Lenders look at this information to determine how  you are. Keep reading to find out more about your D&B rating and how it affects your business.

5 Ways Bad Credit Business Loans Can Improve Your Operations

5 Ways Bad Credit Business Loans Can Improve Your Operations

It is crucial that you ensure that your small business has enough cash flow to remain operational. For this reason, many business owners pursue a business loan. Unfortunately, studies show that not all business owners that seek a loan from a traditional bank. However, there is hope. In this post, we will discuss the five ways your business can benefit from a bad credit business loan.

Why is Capital Budgeting Important for Your Business?

Why is Capital Budgeting Important for Your Business?

Capital budgeting is the decision-making process that companies follow with capital-intensive projects they should pursue such as entering a new market or the research and development of new products. It is the most efficient method to feeling confident in the investment decisions of your company.