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…]
Tag: financial
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…]
Understanding After Repair Value (ARV) When Investing in Real Estate
As a real estate investor, you can’t ignore the importance of after repair value (ARV). You’ll need capital to purchase homes or other properties so [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…]
Unlimited vs Limited Personal Guarantees: What’s the Difference?
Many lenders require borrowers to make a personal guarantee when applying for a business loan. If your business is still in its early stages, it [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…]
How Convertible Debt Financing Works
Have you heard of convertible debt financing? Also known as convertible bond or convertible note financing, it’s popular among startups. Startups often lack the creditworthiness [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…]
Why You Shouldn’t Use a Home Equity Line of Credit (HELOC) for Business Financing
If your business needs additional capital to cover its operational costs, you may assume that a home equity line of credit (HELOC) is a smart [Read More…]
