Wanted to share a powerful form of financing you may not know you have access to… It’s called Invoice Financing, also called Receivables Financing or Invoice Trading. Invoice financing provides businesses with working capital to improve immediate cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could otherwise if […]
What is the difference between personal and business credit? Your personal credit score and business credit score are two separate but related numbers that tell lenders how creditworthy you, or your business, are. But because credit bureaus use similar metrics to measure both scores, and because personal credit is occasionally used in lieu of business […]
Wanted to share an alternative loan option with you called “Microloans” Microloans are a good alternative lending option for many business owners so they’re good to at least be familiar with and to have in your loan arsenal. They are typically best suited for small business owners or startups that have a thin credit file […]
Let’s talk about business loans for startups and how to get one. You have the end in mind, but where do you start to get the funding you need to get the business off the ground? A good place to start is with your personal credit scores and business credit scores, which are a measure […]
There are lots of different types of loans. So which one is best for you? Not every loan type is right for your business. Choosing the right type of loan comes down to a lot of different factors, like what industry you’re in, what you need the funding for, etc.
Today, I want to go over the most common ways businesses use Merchant Cash Advance funds. MCAs are extremely efficient, as they can provide easy and hassle-free access to funding. Also, keep in mind that this kind of business funding is not a loan. Rather, it’s a lump sum advance that you get in exchange […]
You’ve likely heard of SBA Loans before. But how do they work and how can you apply for one? The SBA allows small business owners to borrow money for a wide range of financial needs. These include, but are not limited to: Funding for working capital Refinancing of debt Purchase or repair of inventory and […]
While having access to capital is always ideal, not every investor has access to enough for the project they’re looking to do. That doesn’t mean you can’t still make the deal happen. Just takes some creativity and some know-how! So we’re going to give a quick breakdown of each. From there, definitely dive into them […]
Watch this video from our President, Kris de Leon, as he provides tips on how you can improve your credit. In this video, I’m going to provide you with three tips that will help you boost your credit score. So a credit score of anywhere from a 720and up is considered a very good score […]
Whether you’re a startup or established business, building business credit is important because there may come a time when you need to apply for a loan. Without a good credit score, getting a loan at favorable rates and terms may be difficult. At some point, you’ll need access to capital to expand your business, hire […]