debt Archives

5 Questions to Ask Yourself Before Taking On Debt In Your Startup

When you're growing a startup, there are a lot of things you need to take into account. One of the most important considerations is how you're going to finance your business. Many startups turn to...

byMatthew Gillman

June 22, 2022

6 Steps to Take After Getting a Business Loan

Once you decide to finally launch the startup you’ve always dreamed of, you may need to take out a small business loan. However, this process doesn’t simply consist of obtaining a loan and repaying it...

byEmily Morgan

October 4, 2020

5 Ways to Measure the Financial Health of Your New Business

The slow build-up of debt can contribute to the eventual collapse of a business, and small businesses are struggling now more than ever. Over time, your company may show signs of trouble, eventually moving into...

byJohn Baird

June 2, 2020

5 Preconceptions That May Be Preventing Your Side Hustle From Becoming Your Full-Time Gig

Entrepreneurship has always been the soul of the American economy. A recent survey revealed that 21 million people in the U.S. already have a side hustle, another 7.5 million plan to start a new one...

byDottie Chong

April 10, 2018

3 Ways to Start a Business When You’re Already Drowning in Debt

Ever since I was young, I've had an entrepreneurial spirit. When I was 15 years old, and all my friends were working at supermarkets and fast-food joints, I started a successful landscaping company. I kept...

byAndrew Josuweit

April 9, 2018

How Debt Stacking Can Threaten Your Business

Debt stacking can destroy your business, yet many entrepreneurs are unfamiliar with the term. Debt stacking is when a business takes out multiple, overlapping loans and/or merchant cash advances without paying off earlier loans, and...

byRebecca Wessell

March 28, 2018

The 5 Criteria You Need to Choose a Business Loan

Starting a business requires at least some upfront funding. You can attempt to be frugal and startup on a tight budget, but most businesses will require at least a few thousand dollars to afford initial product...

byLarry Alton

September 25, 2017

Demystifying Small Business Debt to Unlock Growth

It often seems as though people treat debt like they do the plague: a nasty state of negative balances that should be avoided at all costs. But debt is less of an enemy and more...

byBond Street

September 11, 2017

4 Realities of Bootstrapping a Business From Nothing

I started my business back in 2010 with absolutely no money. The first month I decided to try freelancing I made $5. Granted, back then, freelancing was still seen as something you did when you...

byAmanda Abella

March 30, 2017

The Biggest Financial Mistakes Startups and Entrepreneurs Make

It’s pretty commonplace for startups to make money mistakes. In fact, it would be rare if you didn’t make at least one mistake regarding your finances as an entrepreneur. The Wall Street Journal explains that...

byMichael Peggs

February 8, 2017

6 Ways New Businesses Can Maintain Healthy Cash Flow

Maintaining a workable cash flow (the capital going into and out of your business on a regular basis) is one of the most important concerns of any business, regardless of age or size. Poor cash...

byBianca Crouse

October 6, 2016

Small Business Loans: How to Simplify [Video: Part 1 of 2]

My name is David Haber and I am the cofounder and CEO of Bond Street, a startup that aims to make access to capital for small business owners more simple, transparent and fair. We are excited...

byDavid Haber

June 28, 2016

Does Outstanding Debt Affect Your Ability to Borrow?

Chances are you already know that having outstanding debt can affect your ability to secure additional borrowing. But are you aware that the type of debt can make a huge difference? Here’s an overview of...

byCarl Faulds

June 6, 2016