A Line of Credit... Just in Case
Article summary: As much as commercial banks, the press and the government talk about it, you would think that getting small business loans for women is more difficult. The truth is that it isn’t much different than it is for men. It still comes down to your existing revenue and profit plus having collateral to […]
Article summary: A business line of credit is often the first tool a company turns to for emergency payroll funding. With Financing Solutions a business owner or a nonprofit executive director can have their line in place in 48-72 hours allowing you to fund payroll when cash flow is down. Why Payroll Funding is More […]
Here are the top 7 recommendations for business owners trying to build a $5-$20 million company based on the business experiences of a 25-year veteran serial entrepreneur.
Summary: Financing Solutions shares the top 4 reasons how a nonprofit line of credit is used. Nonprofits use their Line of Credit typically to make payroll when there is a delay in reimbursement funding, when there is an emergency that has to be addressed, to start a new program early when the nonprofit knows that […]
Article summary: There really is no such thing as a credit line on credit cards. What you are actually getting is a cash advance. For small businesses with less than $5 million in annual revenue, getting a line of credit in place is the best way to go. Highlights What you are really getting […]
Article summary: It is possible to get a HELOC as a way to raise business capital for your company. Still, you should know that there are advantages and disadvantages of using a HELOC, home equity line of credit, for your business. Highlights How will your spouse and family be impacted by this decision? Getting […]
Article summary: What’s the difference between a secured versus unsecured business line of credit and what does it mean for your business. Highlights · A line of credit is the most important tool a business can have. · It’s nearly impossible to get an unsecured business line of credit from a commercial or local bank. […]
What is often overlooked is how can a company do more with the existing leads they already have. It starts by understanding every Phase of Your Lead Generation Process.
Article summary: What experienced business people know is that if you don’t have 100 percent collateral, you will not get approval from a traditional bank. However, in the last 10 years, alternative lenders have been the place to go to for businesses with less than $5 million in revenue. If you do have collateral to […]
Article summary: When a business owner or nonprofit director says I need a small business loan, the worst thing to do is to wait until the last minute. It’s vital to get funding in place ahead of time…before you need it. Why You Might Say I Need a Small Business Loan (and when not to) […]