How to Refinance a Business Loan

How to Refinance a Business Loan

If you are having trouble meeting your monthly payment obligations, your best strategy might be to refinance your business loan. A loan refinance is different from loan consolidation in the following ways:

What Is a Prepayment Penalty: What To Look Out For

What Is a Prepayment Penalty: What To Look Out For

If you are looking for a business loan, be sure to ask about prepayment penalties. A prepayment penalty, also known as a “prepay”, is an agreement between a borrower and a bank or other type of lender that regulates how much of the loan a borrower is allowed to pay off and when.

How to Run a Business Successfully

How to Run a Business Successfully

If you are launching a small business, you might be tempted to jump right in without a plan first. There are steps that you can take to get more organized and efficient no matter where you are in your business. In this article we will discuss 15 tips to help you get on track and ready to succeed.

4 Digital Marketing Channels Your Business Should Use

4 Digital Marketing Channels Your Business Should Use

Digital marketing is a great opportunity for small and large businesses looking to increase revenues and profits. In today’s post we will explore some digital marketing channels your business should be using to grow.

5 Ways Your Business Can Utilize Automation

5 Ways Your Business Can Utilize Automation

There are many advantages of using automation for your business. It can help reduce your need for human labor that is known to waste about 20 hours a week on tasks that are essential. Automation provides various benefits such as increasing your business’s effectiveness and efficiency, automation provides various other benefits, including accurate and insightful data and savings on overheads.

Things to Consider When Scaling Your Business

Things to Consider When Scaling Your Business

Running a small business is challenging, many of them go under their first year while most startup do not survive their fifth year in business. Many business owners often feel like growing and scaling their business might be difficult. However, by taking the right steps, you can succeed. In this article we will discuss things to do to scale your business.

4 Steps to Take When Expanding Your Small Business

4 Steps to Take When Expanding Your Small Business

Creating sustainable growth for a business can be a challenge but it is vital. Common mistakes a business can make is losing touch with your brand and your customers. It is easy to take on too many expenses too fast too and jeopardize your cash flow. Whether you are planning on expanding into new markets or investing in marketing strategies to grow your customer base, finding a way to secure sustainable growth that is stable is key.

What is Negative Cash Flow? How to Manage It

What is Negative Cash Flow? How to Manage It

As a small business owner, you know that there are many obstacles you can face on the road to success. It is inevitable to experience ups and downs, even if you are meticulous about financial forecasting.

Pros and Cons of Debt Financing

Pros and Cons of Debt Financing

If you are a small business owner, it is likely that you will run into the need for some extra cash to purchase inventory, hire staff, or buy an expensive piece of equipment that will streamline your processes.

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.