Archive: April 2014

Many small businesses, especially in their early days, discover a need for a cash infusion to keep operations running smoothly. Small firms often turn to working capital loans to help bridge the gap in funding. If your business is considering such a loan, you will need to a good idea of how much money is required. Lenders will want a detailed plan of how you plan to use their loaned dollars. So how do you know how much cash you need on hand? First, you can take a look at your operating expenses. […]

When it comes to financing, most startup companies start with bootstrapping – using personal funds as well as petitioning friends and family to ‘donate’ to the new firm. After that they often turn to commercial lenders to secure a small business loan. In these days when loans are still hard to come by, there may be another option out there: equity investments. Equity investments are money contributed by investors in exchange for equity or share in the company’s stock. The investors do […]

Preparation is key to successfully obtaining a loan from a lender. Here are four ways to make sure you are prepared before you apply…