What is a Personal Guarantee? How to Get the Most from a PG
There is a balance between when a personal guarantee is a good idea and when it isn’t. The deciding factor is the ROI. How do you find the balance and increase the ROI on your personal guarantee when it’s necessary to give it?
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Venture Capital Financing for Startups: Pros and Cons
Venture capital is a type of private equity investing in early-stage, high-growth companies where investors look for startups that have the potential to generate a significant return on their investment (read: looking for the next Uber or Airbnb).
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New Business Startup Checklist: Setting Up for Success
Using a starting a business checklist is important to both staying on track and ensuring that nothing is missed.
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How to Choose Your Top Business Credit Card
It’s crucial to select a card that corresponds to your spending style. You might prefer a card that gives you cash back on office equipment, utilities, and advertising if most of your business’s expenses are for routine operations. On the other hand, if you frequently schedule business travels, a travel card can be more practical.
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Does a Business Line of Credit no PG Exist? Options Are Out There
For businesses which cannot get or do not want to get a business loan, and owners who do not want to get a home equity loan, a line of credit can be tempting. But they are often best without a personal guarantee. This kind of business financing is out there!
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How to Start a New Business in North Carolina: The Complete Guide
According to a 2018 Forbes article, North Carolina clocked in at number one (for states in which to start a business)! Forbes cited the state’s business costs and labor supply mainly, and its regulatory environment. Quality of life and growth prospects also ranked highly.
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The Best Unsecured Business Line of Credit for Startups
Business owners should keep in mind that low consumer credit scores + no collateral + high amounts will mean that a small business will have to be bringing in significant revenue in order to even be considered.
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Get Business Funding with No Personal Guarantee
Business credit is an asset which can help your business in years to come. Go without a personal guarantee as fast as you can. Learn more here and get started toward growing business credit.
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