Browsing Tag
small business loan
44 posts
Grant Program Announced for Black Women-Owned Businesses in Detroit (and How to Maximize Your Chances of Securing Relief)
Small businesses make up an astounding 99.6% of Michigan businesses and 49% of the state’s employees—that’s 1.9 million people. Since the onset of the pandemic, these businesses have been forced to endure a tumultuous journey...
How Trade References Can Help Your Startup Get Financing
New businesses often find it challenging to get financing. Many lenders prefer to lend to businesses that are at least a year or two old and that have strong financial profiles. But if you wait...
What You Need to Know About Unsecured Business Loans
As a small business owner, you may need financing at some point. You might need help purchasing an asset, expanding your business and more. No matter the reason, an unsecured business loan can help. Whether...
Why Was My Business Loan Application Denied?
This is a pretty simple question with a more complicated answer. There are a lot of reasons why a business loan application might be denied, but what most small business owners should be asking themselves...
Starting a Business? 5 Ways to Stay on Budget
Whether you are pursuing a lifelong passion, have a unique product idea with income potential, or want out of the corporate rat race, there are many reasons why you may be looking to start a...
Everything You Need to Know About Small Business Financing
While obtaining funding as an entrepreneur is not always easy, there are methods to make it easier. These financing solutions support startups and entrepreneurs, and the companies that provide these solutions understand the challenges that...
Get Cash Fast: The Truth About Small Business Financing
The process of getting a traditional bank loan for your small business is frustrating. It’s nearly impossible to get a banker’s attention if you have questions. You are expected to fill out a long, complex...
How to Eliminate Your Startup’s Cash Crunch with Invoice Factoring
Entrepreneurs are the unspoken heroes of the American economy. These risk takers set out to change the landscape of an industry by doing what they love. Oftentimes they take out personal loans, tap into their...
5 Questions to Ask Before Applying for a Small Business Loan
Remember the old advice that heeds to “look before you leap”? When it comes to small business loans, you can translate that to “ask before you apply,” and it’s a crucial step for any entrepreneur...
6 Ways to Finance Your Franchise
If you’ve decided to join the millions of business owners who own a franchise, you’re going to need money--and sometimes a lot of it. Franchise startup costs can run from thousands to more than a...
8 Reasons to Start Your Business in 2019
Are you dreaming of starting your own business but hesitant to get things moving? If so, you’re not alone. Many future entrepreneurs face the same concern, never quite sure if now is the right time. However,...
Business Funding 101: Turning Your Startup Dreams into Reality
Starting a business requires a lot of funding - and most likely, you’ll need some extra help with your startup costs. It’s important to get this step right, because it could make or break your...
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...
The 5 Best Ways to Fund Your Startup This Year
While it would be cool to pitch for investment on "Shark Tank," not everybody can, or needs to. So don’t worry if you don’t get the chance. The vast majority of startups get their initial...
3 Ways to Increase Your Chances of Getting Business Financing
The three best ways to increase your chances of getting financing for your startup are to: Know what lenders look for when determining if and how much financing they will provide Be prepared and professional...
Many Entrepreneurs Hope Gig Economy Leads to New Career
The rise of the gig economy has reshaped the way Americans approach their careers. Just a decade or two ago, “moonlighting” was frowned upon by many employers, but attitudes have changed. Today, it’s not uncommon...
How to Get a Small Business Loan Without Collateral
If you require a small business loan but your company doesn’t have any assets (whether property, land, stock or share options), you may need to give a personal guarantee, which can put your personal assets...
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...
The Small Business Loan Revolution is Here
The economy is back, and it’s ready to lend a hand If you’re like most small business owners, you’ve been on quite the roller coaster for the past several years. You pinched pennies, made sacrifices...
My Startup Isn’t Growing, What Should I Do?
The recipe for small business growth is an imprecise one. Mix one advertising campaign and two new salespeople and let rise? Or is it one social media marketing campaign and three new customer service reps?...