As a business owner, you do your best to guide your company away from economic problems and inspire growth. But each year, you always seem to fall into a few financial pits that cost you money and set your company back. As 2015 approaches, there are some financial...
Business Resource Center
Bad Credit Loans: What Lenders Look For in Making Them
All successful and growing businesses need increasing levels of working capital to support their growth. Many of these companies turn to various forms of debt to secure that needed capital. Lenders involved in making such loans follow a range of guidelines and...
Could You Do More Business if You Had the Working Capital to Support that Growth?
In order to compete in the business world, you must offer your customers flexible repayment terms on outstanding invoices. While the average is 60 days, you could wait up to 120 days to receive full payment for your company's products and services. This can...
Expanding Your Business? What Type of Loan is Right for You?
Acquiring funds for the expansion needs of your business can be difficult, especially if you are a small business with not much to show in terms of credit worthiness. If you have a bad credit score, banks would automatically turn you down, without even a second look....
How to Repair Your Bad Credit and Increase Your Credit Score
Finding out your credit score has sunk beneath what is considered acceptable by lenders is a real cause for concern. Bad credit prevents you from obtaining credit cards and loans to purchase a new car, home and other expensive items. It can even make renting an...
Business Credit Line or Loan, Which is Right for You?
Once you are ready to take your business to the next level by obtaining high level financing, the next step is to decide which type of funding is the best option for you. Two of the most common types of small business credit are lines of credit and loans....
How To Best Utlize Your Business Loan
When accepting a loan for your small business, never forget that this is a loan and not a golden ticket to explore the world. The money should be considered a tool to help you to grow. Spend the money on things that will gain you a return. In other words it is time to...
From Lifeblood to Lifeline: Restoring SMB Credit through Unsecured Financing
Owning a small business can be financially polarizing. On the one hand, you have the task of contributing to the economic recovery of this nation. On the other, until you can prove that fact on paper, traditional banks won’t lend you any working capital. It’s a...
Advance Funds Network Provides Flexible Factoring Options for Small Businesses
To understand the niche market of small business financing you must first gain an appreciation for flexible factoring. Flexible factoring starts with defining the basic concept. Credit card factoring is similar to a merchant cash advance. In fact, the two terms...