If you know what types of business loans are available to your business, you can make a more educated decision about which types of business loans will work best for you. Knowing what’s out there is only half the battle. You also have to understand your own eligibility and funding needs.

Read More

Private equity financing is money that is invested in a privately held business. So, it’s in exchange for partial ownership of the business.

Read More

Raising money for your startup or new business venture might feel a little overwhelming. It takes time to build up funds to start a new business. But you don’t have to feel you have to use your equity to fund your new business.

Read More

What’s the difference between a business line of credit vs a loan? How do you know which on is right for your business? It all comes down to how you use the funds. Large one time expenses need a loan, but cash flow is more easily managed with a line of credit.

Read More

One of the biggest advantages of debt financing is, you retain full ownership of your small business. And while you will most likely need to use profits in order to pay debts back, you won’t have to siphon off profits forever. And, without handing over any portion of the business, you are not losing any measure of decision making or control.

Read More

For virtually all business loans, particularly if your business is new, you will need to provide a PG. Hence, you provide personal details and they will likely perform a ‘hard pull’ to check your credit history.

To check eligibility, a loan provider will review your business plan. They often check personal credit. Personal FICO score is often a factor in lending terms and interest rate.

Read More

It can be difficult to figure out how to get as startup business loan if you don’t have good credit, collateral, or cash flow. Here are some tips, including one few know about, that can help you get the funding you need to get your business up going strong.

Read More

A proper business plan, prepared by a professional, will increase any small business’s chances of loan approval. You would be hard-pressed to find lenders who don’t want a valid business plan as part of a funding application.

Read More

The Rebuild Florida Business Loan fund retains significant funds to help businesses recover from disasters such as hurricanes.

An Experian credit score of 650 or higher is required, with no bankruptcy within the last five years. You must provide contracts, bids or estimates for real estate, furniture, fixtures and equipment; and/or renovation, improvement or construction.

Read More

Proven business revenues always help you get business funding. This also means you have been in business for at least 6 months. Both metrics, together, assure lenders and credit issuers that your business is on the right track.

Read More