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 […]
If you want to grow your eCommerce or Amazon business, you’ll need to have access to capital. Whether you need to buy inventory, manage cash flow, invest in profitable advertising campaigns, or cover payroll to keep your valuable employees, having capital enables you to grow your business quickly. Before looking for funding, you’ll need to […]
Never use your personal credit card when making business purchases. One advantage is that many business credit card issues don’t report to the personal credit bureaus so this can actually keep your credit score intact. For example, there may be times when you’ll need to max out your credit card to purchase inventory or equipment, […]
What is a business line of credit, and how do you get one? What is the difference between a secured and unsecured line of credit? The article below will answer these questions. It’s also important to assess whether you need the line of credit and how it can grow your business. A business line of […]