Tag: debt

Starting up your own company can be exciting and full of adventure, but it can also come with big risks. Sometimes buying a young company can be even more exciting because your get the benefits of an existing operation with fewer of the startup financial risks. Even purchasing an existing company typically takes financing from banks or other lenders though. Those lenders will want to know why the business is worth the amount of money you are paying for it. While the actual value of a business […]

Starting up a new business venture is often requires a lot of cash, sometimes even more than you can pull together from savings and your home equity. After you have tapped friends and family, a funding gap can still remain. Small business loans can make up that shortfall at affordable rates and terms. Yet banks and credit unions have been especially careful with their small business loans since the Great Recession, requiring impeccable credit records. Start-ups and fledgling firms typically do […]