If you’re planning to purchase new business-related equipment in the near future, you might be wondering whether an equipment loan is a smart financing solution. [Read More…]
If your business needs additional capital to cover its operational costs, you may assume that a home equity line of credit (HELOC) is a smart [Read More…]
If your business uses invoices to collect payments from customers, you may want to use invoice discounting as a financing solution. It’s not the same [Read More…]
You don’t have to take on debt to finance your business. While debt financing is always an option, many entrepreneurs prefer equity financing. With public [Read More…]
The U.S. Small Business Administration (SBA) has an extending lending program. According to a spokesperson for the SBA, it has provided over 1.6 million loans. [Read More…]
There are different types of loans that you can use to finance your business, most of which fall under the category of asset-based or cash-based [Read More…]
If you have a 401(k), you might be wondering whether you can use it to finance a business idea. A 401(k), of course, is an [Read More…]
Are you trying to secure financing from an angel investor? Research shows that angel investors provided more than $25 billion in financing in 2020. By [Read More…]
When starting a business, you can’t ignore the importance of financing. Research shows that nearly one-third of all startups will fail within two years. As [Read More…]
You can’t choose the right business loan for your venture without considering the interest rate. When lending money, banks and other financial institutions will typically [Read More…]
When using loans, lines of credit or other forms of debt financing, you should pay attention to your business’s debt-service coverage ratio. Most businesses have [Read More…]
No matter what type of business you operate, it can probably benefit from a strengths, weaknesses, opportunities and threats (SWOT) analysis. A SWOT analysis explores [Read More…]
