Articles

Business credit can be the difference between a smoothly-run operation and a waking nightmare. Contrary to the naysayers, credit is, in fact, a powerful tool necessary for the proper operations of most small and medium-sized businesses. It allows for the prompt payment of bills and expenses, helps deal with emergent and unexpected situations, and generally makes one’s financial life significantly easier.

You may have heard of a business line of credit and wondered why you’d ever need one. After all, your business is doing well and there is plenty of cash to pay the expenses. You don’t need a loan, right?

The truth is it’s not that simple. Business lines of credit have multiple uses beyond being a source of funds for business owners to pay for large capital expenses. From cash flow flexibility to being an alternative to expensive cash reserves, business lines of credit can come in handy for any small business owner. Read on below to find out how!

You may be wondering if non-profit organizations can benefit from the services offered by the Small Business Administration (SBA). While some of its services are more aligned with those of […]

So, you’re part of a non-profit in need of a capital infusion. You’re in the market for a loan but you don’t know where to begin. Can a non-profit get […]

There are two overarching categories of nonprofit lending, one of which isn’t really a loan at all. They are standard loans and revolving lines of credit. Each has its benefits and drawbacks which we’ll discuss below.