How to Start a New Business in Michigan
In 2019, Dollar Sprout put Michigan in the number two slot for starting a new business. Michigan has an excellent growth rate (almost as good as in Texas), and business formation fees are low. It helps to have a well-educated workforce as well. Plus costs of living are low, even in the biggest city, Detroit.
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Types of Business Credit Cards
Do you know all about all of the types of business credit cards out there? They are far from being interchangeable. Get to know the differences, so you can make the best choice for you and your business.
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How to Get a Small Business Line of Credit
Corporate credit is credit in a business name, that’s linked to the company’s EIN number.
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Secure Versus Unsecure Funding: All About Unsecured Business Funding
Interest rates on unsecured debts are obviously higher than secured debts as the lender’s risk is higher. Still, with our Business Financing Suite you can get good working capital loans and credit lines at very reasonable interest rates and payments. And you can do so easily, without worrying about securing anything.
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How to Get a 100k Business Loan
Not just anyone can get a 100K business loan. There’s more to it than just having good credit. Lenders look for certain things that make approval much more likely, including a Fundable Foundation and security, a personal guarantee, or both. Most lenders also have revenue and time in business requirements, among other things.
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Online Funding: Magic or Mistake? Get the Skinny with our Rapid Advance Review
The companies which will do the best with Rapid Advance will tend to have entrepreneurs with decent personal credit scores and a considerable time in business.
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How to Start a New Business in West Virginia
West Virginia provides a credit on raw materials and also goods held in inventory by manufacturers. In addition, there is a High-Tech Manufacturing Credit. It can be used to offset up to 100% of a company’s tax obligation. But this is only if the company can meet job creation benchmarks.
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Trade References: 5 Astounding Things You Should Know
Trade references for a small business can provide a much clearer picture of the overall health and day to day operations of a company. These allow a credit or loan provider to dig much deeper into the financial guts of a company.
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Top Podcasts
EP 816 Kelvin McNeil: How to Build and Rebuild Credit for Small Businesses with BIG Goals
EP 815 Paul Alex: Building Passive Income Stream Through ATM Entrepreneurship
