Many small businesses need to borrow money at some stage in their development to help with cash flow, expansion or other costs. Short term loans can be a good solution to help small businesses overcome temporary cash flow or expenditure issues. If you are thinking about taking out a short term loan to help keep your small […]
What is a Short Term Loan – and Where Do You Find One for Your Small Business? Read More »
The 7(a) loan program is the SBA’s most popular financing program. It provides working capital for small businesses that need working capital of up to $5 million. It’s also a guaranteed loan program. So essentially, small businesses work with traditional lenders, but the money is guaranteed by the SBA in order to support small business
What is the SBA 7(a) Loan Program and How Can It Help Your Business? Read More »
As your business grows, you might find that you could use a loan to take advantage of new opportunities. The world of small business loans can be a complicated one to navigate. So we collected some expert tips on everything from building your credit worthiness to finding the right lender. Here are some best practices
Do’s and Don’ts for Getting a Small Business Loan Read More »
Whether at the beginning of their business venture or well down the line, at some point, most entrepreneurs and small business owners will find themselves in need of financing. Some entrepreneurs are looking for help getting their dreams off the ground, and others need help growing, expanding, or keeping things moving. Whatever the reason, a
What It Really Takes to Apply For and Secure a Small Business Loan Read More »
Massive student loan debt is having a crippling effect on the U.S. economy. According to the United States Federal Reserve, 44.2 million students owe $1.52 trillion . This amount is growing by $29 billion a quarter. Student loan debt now surpasses all other forms of debt except mortgages. College debt exceeds what is owed for
Student Loan Crisis: $1.52 Trillion Bubble Growing By $29 Billion a Quarter Read More »
The Biz2Credit Small Business Lending Index for May 2018 is reporting record highs of loan approval from banks and institutional lenders. Biz2Credit Lending Index May 2018 The record highs reflect a strong US economy and job growth. The Bureau of Labor Statistics reports the unemployment rate is currently at 3.8%. And wage growth is also
Small Business Loan Approval Rates Hit Record High, Biz2Credit Reports Read More »
The March 2018 figures for small business loan approval rates at big banks has increased yet again according to the Biz2Credit Small Business Lending Index. Biz2Credit Lending Index March 2018 Big banks, which Biz2Credit identifies as those with $10 billion + in assets, have delivered a 25.5 percent approval rate for the month. This is
Small Business Loan Approvals at Big Banks Increase Again, Says Biz2Credit Read More »
There was a time when the words “convenient banking” meant your local bank installed a new ATM. These days, however, with the introduction of Fuse from Fundbox, it means banking at the touch of a button, wherever you are, whenever you need it. Fundbox Fuse is an integration Fundbox is offering solutions partners (five at
When your business is in need of financing, there are many avenues you can explore. With Kickstarter campaigns, business credit cards, more traditional loan products, and more it can be tricky to know which avenue is best for your business. While there are loan products out there that are tailored to meeting specific financing needs,
Should You Get a Long-Term or Short-Term Business Loan? Read More »
By Carl Faulds Not all scammers are as obvious as the ones who spam your inbox claiming to be bank managers from Nigeria with millions of dollars to disburse. There are plenty of sophisticated crooks ready to prey on your business, and keen to exploit the meteoric growth in online lending. So what are the
