Funding

Have you ever heard of a credit line hybrid? Most haven’t. However, if you have okay personal credit, you could be missing out on this awesome form of business funding.

There are three types of term loans. Rather unimaginatively, they are called short-term loans, intermediate-term loans, and long-term loans.

Credit lines and other types of business credit can be a real lifeline during inflation, helping businesses stay afloat and even grow.

A guarantor on a credit card account is a person who signs an agreement to pay off a loan for someone else if that someone else defaults. It is similar to co-signing; in that it is a technique often used among family and friends to let a person with good credit vouch for a person with new credit or bad credit to get a loan.

If you are a trucking driver, we can meet you where you are. Whether it’s just you driving or you have multiple drivers, Credit Suite can help you get the business credit you need.

It is hard to find funding for your business when you don’t know what your options are. Your fundability affects which options are actually available to you.

The SBA is well-known for needing a lot of documentation before they will loan a small business any money. But they will want even more if you want to get a loan from them to purchase a going concern.

Just under half of all WWII veterans started their own businesses, as did about 40% of all Korean War vets. But only around 4.5% of the more than 3.6 million people who have served in the U.S. military since 9/11 have launched a company. Why are so few recent vets starting businesses? The answer is one word—financing.

Don’t give up if you can’t get a government business loan. We have 6 other ways to fund your startup.