16 Jun Business Financing Terms For Dummies
Business financing terms can be confusing. That's why we've created a resource for people who may be looking for information about these topics....
19 Mar Small Business Loan Broker vs Direct Lender
When it comes to getting the most from your small business loan, it’s vital you know who to approach to find the right loan. There are generally two options to consider: either a small business loan broker or a direct lender. But what is the...
11 Mar How COVID-19 Change the Landscape for Businesses and Banks
Small businesses are the heartbeat that pumps life throughout the American economy. From Main Street mom-and-pop stores to thriving family-owned manufacturing businesses to burgeoning start-ups, small businesses drive economic surges and boost the creation of jobs. Because they are on the front lines, they are...
11 Mar How PPP Changed Fintech
Financial technology, or FinTech, is a relatively new concept to some small business owners. Companies in this industry provide financial services to businesses and other consumers in order to help them manage their finances. Examples of services typically provided by these companies include algorithms, devices...
25 Oct How to Grow with Inventory Financing
If you have product flying off the shelves, congratulations! Establishing demand is one of the most challenging aspects of business. But if you have products flying off the shelves, and you're not replenishing them, you could be in trouble. Today we're going to talk about how...
20 Oct Everything You’ll Need to Start Your Retail Business
Retail business is one of the oldest types of business on Earth. Anytime you buy wholesale and sell at a profit, you have a retail business. There are, generally speaking, seven different types of retail business: Department store Supermarket Warehouse retailer Specialty retailer E-commerce Convenience...
13 Oct How Credit Card Utilization Affects Business Credit
For entrepreneurs, the advantages of a plastic credit card – convenience, ever-ready purchasing power – are real. But what many may not realize is that the extent to which a company credit card is used or not used can negatively impact a business’s credit score....
11 Oct Revolving Line of Credit for a Better Credit Score?
Two entrepreneurs, let’s call them Mark and Luis, went to their local Business Development Center back when each of them was soon to launch a new business. In one of the workshops they attended there, they heard: “A revolving line of credit is a flexible method...
06 Oct What to Ask Before You Sign That Business Loan Contract
For consumers who don’t happen to have a law degree – i.e., most people – the language of contracts is typically a lot of mumbo jumbo mixed in with a sprinkling of “wherefores” and “whereases.” And all of it can be as confusing as it...
04 Oct What Women Entrepreneurs Need to Know about Financing
Getting financing can be a challenge for a business owner, man or woman. But more so, if you’re a woman. And that’s not just a perceived inequity; it’s an undeniable fact. “In 2014 the House Subcommittee on Small Business and Entrepreneurism published a report that said...