Your business is humming along -- powered, in part, by the pricey equipment a lender financed for you a while back. It’s vital to your business and worth every penny you faithfully pay on that large loan every month. But the payment is a sizable...
Imagine this: The holiday season is fast approaching and you need to hire extra help. Or the main oven in your restaurant’s kitchen suddenly stops working and if you want to stay open – and you do – you‘ll have to replace it fast. Or...
“When businesses get help, their success rate is 80%; when they don’t, their failure rate is 50% - 80%,” says Claudia Viek, CEO of the California Association for Micro Enterprise Opportunity. And it’s facts like that that underscore the importance of a business being able...
If you’re in business or plan to be, decisions about acquiring equipment come with the territory. Not just what to buy, but also what to consider when making a purchase. In the big picture of things, does an investment in say, a shiny, new, big-ticket “Thiga-magig...
What if Hollywood made a movie about a business owner in need of immediate funds? In the opening scene, we see a business owner negotiating for some long-term financing or investment that will move the company forward. The deal is nearly finalized, just a few...
By Jules Dalsey, Quote 2 Fund Founder What if your bank hadn't cut business lines of credit, recalled or turned them into term loans while cutting additional capital access, would your business be in a different situation today? What if I tell you that sooner or later...
In the complicated, interconnected world we all live and work in today, no lender can say with absolute certainty what the future holds. But what we can do is take note of trends in various industries and markets. And when we spot them, use them...
It’s the slow season, and you need capital to order next season’s stock. Where do you turn? Many businesses will opt for short-term business loans or merchant cash advances to take care of their expenses when revenue slows to a trickle. What they don’t know...
Marcia Cubitt and Carrie Charlick have been in business for 13 years. Their company, Essential Body Wear, puts a racy spin on the traditional "Tupperware party;" now a multi-million dollar business, these two moms from Michigan have put lingerie parties on the map. And yet,...
You’ve got a great idea for a business - an idea that’s more than likely based on experience and a lifelong desire to make a living doing something you love. So, how do you get the financing you'll need to take your idea from dream...