Business is an art of working hard, using your ingenuity and your skills to get ahead in life. It challenges you at every point and it makes your question your sanity from time to time. But one thing that business teaches us is the fact that nothing is ever constant. And money is just something…
Small businesses find it hard to acquire funding in difficult times due to bad credit or some other reason. Traditional banks do not approve loans for business owners with bad or poor credit which deprives many small businesses of funds in financial crunches. How can small companies handle having their loan request rejected by traditional…
May it be a small, medium, or large business, finance can be stated as the backbone of every business irrespective of size and type of the industry. Steady cash flow into the business is crucial to keep the business going, and lack of proper funds can result in the slow death of the business. Every…
Asset based business lending is considered as the last resort funding by small businesses as this type of financing is flexible, economical and helps to meet their cash flow needs quickly. Availing funds against assets is attractive to all type of borrowers as this is flexible and easy to avail when compared to traditional bank…
Businesses need cash flow on a regular basis to meet day-to-day business expenditure. The liquid cash that a company has on hand to meet business operations can be termed as working capital. Most businesses fall short of funds sometime or the other which pushes the owners to apply for a loan to arrange funds. The…
Every business needs cash to meet their recurrent expenses on a day to day basis. The cash that is utilized to meet this is referred to as the working capital. This is used in restocking, paying employees as well as meeting other business expenses to keep it going. After getting the total cash made in…
Being a small business owner seems to be a popular career choice for many people at this current time. The recent years have witnessed a deluge of small businesses, but most of the traditional lenders seem to shy away from offering small business loans to them. This can be attributed to the unpredictable and unstable…
Lending has been around for several thousand years and this is no exaggeration. Clear evidence of that can be found in history and any religious books are checked. There is also evidence that will show that bank loans are a new method. Maybe not in the business owner’s lifetime, but in history, it is a…
Back in the day, whether a business was large or small, there was only one choice out there; the banking loan. Owners had to bring their ‘A’ game to the table and hope the bank favored them. Today, the pendulum swings to the other side and there are so many business lending options that it…
So, you are a small business owner. You have committed your whole life in propelling your business forward. But as you might have noticed that it has become increasingly difficult to attain capital to grow your business in this day and age. Banks are becoming tyrants instead of actually helping businesses, they always seem to…