We believe in small business. So we’re inspired by the stories behind them. Read how businesses of all shapes and sizes turned the right loans into their own versions of success.
A lot of small businesses struggle to obtain loans due to their limited financial resources and high-risk nature. Luckily, the Small Business Administration (SBA) offers various loan programs to support these businesses, one of which is the SBA Community Advantage Loan. This article will provide a comprehensive guide on everything
Making a down payment for business loan can be a significant financial commitment for many entrepreneurs. However, keep in mind that there are several mistakes you need to avoid during the process. So to help you out, we listed 10 of these missteps below: Not Understanding the Lender’s Down Payment
How can you reduce your total loan cost? This is a quastion a lot of borrowers ask. Minimizing your total loan cost is important because it can save you a significant amount of money over time. By lowering interest, fees, and other charges associated with borrowing, you can pay off
A business acquisition loan is a popular financing option for aspiring entrepreneurs looking to purchase an existing company. But while these loans provide quick access to capital and greater control over the acquired business, they also come with potential drawbacks. Therefore, weighing the advantages and disadvantages of business acquisition loans
Are you a veteran or an active-duty member of the military who’s looking for home financing options? If so, you might want to consider a VA loan! These government-insured loans are designed specifically for veterans and other members of the US military, making them particularly great financing options if you
Getting a loan can be an intimidating process, no matter what kind of products or services you’re looking for. Trying to decide between applying for a loan online vs in person can add even more stress. But regardless of whether you’re applying for a loan online vs in person, we
Managing an SBA loan can be difficult, and there may come a time when it’s no longer possible to make payments. When you find yourself in this situation, it’s crucial that you know how to manage the default of your loan properly. So in this blog post, we will provide
Is a small business loan secured or unsecured? Either way, they can provide entrepreneurs with the necessary capital to start or expand their ventures. The money can be used to purchase equipment, inventory, or hire staff, among other things. By providing you with access to the funds you need, a
Are you a small business owner looking to improve your business’ cash flow? You’ve come to the right place! Cash flow problems can be daunting and unavoidable for many entrepreneurs. How does paying a liability in cash affect the accounting equation? What is the difference between net income and cash
Is the small business loan installment or revolving? This is one of the most important factors to consider if you’re looking for funding for your small business. To help you make the best decision, let’s dive into what installer and revolving loans are and the differences between them. What are
