Crestmont Capital Blog

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.

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.

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.

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.

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.

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.

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.

It can be tricky to get access to capital and grow your business, especially when your business is in its early stages. Many investors are hesitant to put money into companies that do not have a history of growth or revenue. However, there are options you can consider. One of the most common ways early-stage companies raise money is with convertible notes.

Most businesses cannot dip into their working capital to help cover costs for large expenses such as investing in new equipment. Most companies go through a process called capital budgeting to determine whether the investment is worthwhile or not.

In the world of business, it takes money to make money. Having extra cash as a small business can really come in handy for many reasons. Whether you need the cash to start the business or need some temporary funds to cover payroll, a small business loan can help get the job done. In this article we will discuss how to get a small business loan and what alternative options are available.