A Line of Credit... Just in Case

COVID-19

Business Lines of Credit & Business Loans & SBA Loans, Grants & Invoice Factoring Articles & Information

Small Business Line of Credit Explained

unsecured line of credit

A small business line of credit is a short-term revolving line of credit used for operating expenses such as covering bills, payroll, or unexpected needs. A business line of credit can function as an emergency fund ready to borrow from when needed. Like a revolving credit account, borrowers are approved for a preset lump sum […]

Tags:

Read more

A Guide to Business Factoring

Business factoring loan

When small business owners need cash, one financing option is business factoring loans. Here’s what to know before agreeing to sign away your outstanding invoices. What is Business Factoring? Factoring is a type of business finance where a company sells its accounts receivables to an invoice factoring company (called a “factor”) at a discount. The […]

Tags:

Read more

Secured Line of Credit Versus Unsecured Line of Credit, Advantages, and Disadvantages

unsecured line of credit

When your small business needs money, should you look for a secured line of credit or an unsecured business line of credit? Both have their advantages and disadvantages. Here’s what you need to know. What’s the Difference Between a Secured and Unsecured Business Line of Credit? As a business owner, you face many challenges on […]

Tags:

Read more

Small Business Loan vs. Small Business Line of Credit: Which is Better?

small business line of credit

When your business needs money, the financing option you choose can impact your business in various ways. So, which is better for your business: a small business loan or a small business line of credit? When Should You Get a Small Business Loan? A small business loan is a type of business financing where a […]

Tags:

Read more

5 Signs Your Company Needs a Small Business Line of Credit

small business line of credit

Small business owners face many financial challenges while running their businesses—challenges where a small business line of credit can make a crucial difference. Here are five signs your company needs a small business line of credit. Your Business is Rapidly Growing Running a business with sudden accelerated growth is a good problem to have, right? […]

Tags:

Read more

Personal Line of Credit vs. Business Line of Credit

Business Line of Credit

Lines of credit can often be confusing. Should you apply for a personal or business line of credit? Here’s what to know about each option. Key Differences Between Personal and Business Lines of Credit A personal line of credit is one of several personal loans available from lenders obtained by borrowers for personal financial reasons. […]

Tags:

Read more

What Can a Small Business Line of Credit Be Used For?

small business line of credit

Need financing for your small business? A small business line of credit might be the solution you’re looking for—without amassing a significant term loan debt. A small business line of credit gives small business owners a flexible financing option with a more straightforward application process. Here’s what you need to know about a small business line […]

Tags:

Read more

Should You Get a Business Loan or Business Line of Credit?

Business Loan

If the past two years taught us anything about saving money, it’s that business survival requires having a substantial cushion in case the unimaginable happens—like a global pandemic. So when your business needs money, what’s the first business loan solution that pops into your mind? Most business owners think a business loan is the answer […]

Tags: ,

Read more

Invoice Financing for Small Businesses

Invoice financing for small businesses

There’s no doubt waiting on unpaid invoices puts your business in a cash flow crisis which can cause long-term harm to your company. Invoice financing for small businesses (also called invoice purchasing) is one way a company can speed up getting paid for outstanding invoices—especially when cash flow is low. Every business struggles with cash […]

Tags:

Read more

Can I Still Get a PPP Loan For My Business, Nonprofit or Church?

The short answer is, “No, you can’t,” according to the Small Business Administration (SBA). But, while the PPP loan may no longer be available for businesses, nonprofits, or churches, there are still plenty of accessible small business funding opportunities if you know where to look. We can help. Here’s what to know about PPP loans, […]

Tags:

Read more

1 2 3 39

Quick Line of Credit Quote