What to Avoid When Flipping Houses

For real estate investors, flipping houses can be rewarding. When done correctly, it has amazing potential for turning a profit. However, there are several mistakes that investors make, especially when they are just getting started. Below, we'll go over...

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Contract Factoring Can Help Grow Your Business

Contract Factoring Can Help Grow Your Business

Contract factoring is a form of invoice factoring used by small construction companies to grow their business. When your invoices are purchased by a factoring company, they advance the business 80% to 95% of the total upfront. Once payment...

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How Do SBA Disaster Loan Programs Work?

The SBA offers disaster loan programs to businesses and individuals who have been affected by a natural disaster. The loans are designed to help with the rebuilding process and can provide up to $250,000 for businesses, and $200,000 for...

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What is a Lease Buyback?

What is a Lease Buyback?

When a business is looking to lease equipment but does not have the cash flow to do so, it may opt for a lease buyback. This is where the leasing company buys back the equipment from the business after...

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Don’t Make These Mistakes When Completing a Small Business Loan Application

Don’t Make These Mistakes When Completing a Small Business Loan Application

Small business loans have helped countless entrepreneurs, but certain errors can put them out of reach. If you're applying for a loan for your small business, be sure to avoid the following mistakes. Mistake 1: Not Being Accurate Regarding Finances Lenders who...

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A Low Personal Credit Score Won’t Stop Your Business From Getting The Financing It Needs

A Low Personal Credit Score Won’t Stop Your Business From Getting The Financing It Needs

When your credit score is not exactly perfect, it is normal to wonder if you will get the business financing needed for your company. After all, the lower your scores are, the harder it is for you to qualify...

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Here Is How to Assess Small Business Loan Options

Here Is How to Assess Small Business Loan Options

Loans are very important for businesses, whether you need money to start operations or expand the business. Nowadays, many lenders are ready to give you a small business loan. But with the many types of business loans, how do...

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Avoid Unreliable Vendors, Here is How to Choose the Right Business Partner

Avoid Unreliable Vendors, Here is How to Choose the Right Business Partner

Choosing a supplier for your company is important. This is like a business partner who you will depend on to supply quality products. If the vendor is unreliable, your business will struggle to deliver goods or services that meet...

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Commercial Real Estate Financing Basics

Commercial Real Estate Financing Basics

Whether you are buying a commercial property to expand or set up a new facility, there is no denying that this is a huge commitment for your small business. For such a purchase, you will need real estate financing....

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Why Is Working Capital Important?

Why Is Working Capital Important?

Working capital is an accounting term that you will often come across in business. It can influence the success of your business as it affects various aspects of the company, such as paying vendors and employees, paying utility bills,...

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