Do SBA Loans Require a Personal Guarantee?
Research shows that nearly one-third of all small businesses fail due to insufficient capital. If your business is running low on funds, you may want [Read More…]
Tag: Finances
6 Best Practices to Follow When Using Business Credit Cards
Do you use one or more business credit cards to finance your business’s operations? Like personal credit cards, they are essentially lines of revolving credit. [Read More…]
What Is a Lock-Up Agreement and How Does It Work?
When seeking equity financing for your business, you may be prohibited from selling stock shares for a specified length of time. Known as a lock-up [Read More…]
Debt Refinancing: Everything You Need to Know
Is your business drowning in debt? Most businesses have at least some debt. Statistics show that 20% of small and medium-sized businesses (SMBs) have $100,000 [Read More…]
The Pros and Cons of a Merchant Cash Advance
A merchant cash advance offers an alternative form of financing for businesses. It’s a special type of loan that involves the use of credit card [Read More…]
6 Things to Consider When Applying for a Business Line of Credit
Rather than financing your business with a loan, you may want to use a line of credit. You can use it to cover the cost [Read More…]
The ABCs of Venture Capital: Terms You Need to Know
Venture capital offers a convenient form of financing for startups and early-stage businesses. Rather than taking out a loan, entrepreneurs can sell some of their [Read More…]
Beware of Variable-Rate Loans and Rising Interest Rates
If you’re thinking about financing your business with a loan, you may want to avoid variable-rate loans. Loans have become a popular financing solution for [Read More…]
5 Tips on Dealing With Gatekeepers
When seeking financing for your business, you may encounter gatekeepers. Gatekeepers are advisors who work for institutional investors. If an institutional investor has little or [Read More…]
What Is Preapproved Business Loan?
Have you been offered a preapproved business loan? Many banks and other lenders offer them to their clients. Like all loans, preapproved business loans involve [Read More…]
The Beginner’s Guide to Invoice Discounting
If your business uses invoices to collect payments from customers, you may want to use invoice discounting as a financing solution. It’s not the same [Read More…]
An Introduction to Management Buyouts: What You Should Know
Ownership in business often changes. Even if a business was originally founded by a single person, it may have a dozen or more owners later [Read More…]
