Sep
14
2022
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...
Sep
07
2022
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...
Aug
31
2022
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...
Aug
24
2022
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...
Aug
17
2022
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...
Aug
10
2022
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...
Jul
27
2022
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...
Jul
20
2022
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...
Jul
13
2022
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....
Jul
06
2022
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,...