Category: Business Loans

The following are four of the best ways to strengthen your credit profile in order to get your firm the funding it needs

In order to devise a solution it is essential to understand the difference between four key business finance terms

For businesses that sells good or services to other, invoice factoring can be a way to keep working capital flowing more consistently

Finding enough and the right kind of small business financing is vital to every growing company. Small business loans can be a great windfall for any firm, but over the years several myths have been built up around them. While there can be some struggles and hard work associated with securing a loan, here are three myths that should be dispelled. Myth #1 – Don’t Ask for Too Much Money When asking a lender for funds, the amount is not so important as the reasons why you are asking for that sum. […]

In the course of trying to raise money for your business needs, you have the choice of seeking dilutive or non-dilutive financing. Each has a role to play, but it is important to time them right to make the most of your ownership. Dilutive financing is any type of capital received by your company that diminishes your ownership. This includes deals with angel investors and venture capitalists when you give up a portion of your equity to gain their cash. It also includes any public or private rounds […]

A successful investment campaign for your growing company will include pitching your firm to the right investors or lenders. And part of convincing those people to invest their cash in your company is presenting them with a succinct and promising business plan. The first two parts of this article discussed the income statement and balance sheet, and this last part goes over the importance of the cash flow statement. A cash flow statement tracks how your company generates and uses cash during a […]

When you’re ready to enlist the help of venture capital, angel investors or even your local banker to secure funding for your company, preparing a solid and effective business plan is essential. While the business concept and information on key leadership is certainly important, investors and lenders are always going to want to get down to the nitty-gritty financial details of your firm. They want to know how your business shakes out by the numbers – how much your company is worth and what is […]

There are a plethora of online business loans available today. Most of these are short-term loans, similar to cash-advance loans. They can charge extremely high interest rates, but typically require little in the way of background or credit checks. This can be especially attractive to small business owners without a long business history or who are in a cash crunch. Even still, entrepreneurs should be careful before jumping into a short-term online loan. Here are 3 concepts to consider before signing […]

The beginning stages of building a business from the ground up can be very challenging, to say the least. Time and money are at the top of most entrepreneurs’ wish lists. Yet even once your business is up and running, there are still hurdles to jump over. Here are three important challenges on the horizon to look out for. 1. Managing Money Effectively As soon as cash starts coming in, there needs to be a money management strategy in place. Business founders need to have defined boundaries between […]