Nov
16
2022
Many lenders were surprised to see how quickly equipment leasing has become the norm for modern businesses. For a long time, it seemed like small business owners were hesitant to lease and preferred to buy items outright. For equipment...
Oct
19
2022
A big part of finding success with a new business is capitalizing upon a current need that consumers have. In recent years, there has been a huge push for more options related to renewable energy. According to statistics, most...
Sep
28
2022
Starting a new business comes with a variety of challenges. However, franchising allows you to have all of the benefits of being an entrepreneur along with the resources of a larger company.
Franchising is a way for larger businesses to...
Sep
21
2022
These days, there are too many entrepreneurs that are focused on raising capital, forgetting that it's simply a means to an end. Instead of focusing on the funding itself, you must focus on what you can achieve with the...
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...