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

short term business loan

Short-Term Business Loans: 5 Things You Must Know Before You Borrow

There comes a time in the life of every small business when a quick short-term business loan can make the difference between business growth and business failure. Whether you need […]

Read more...
Factoring

Advantages and Disadvantages of Factoring: From My Personal Experience

Over the past 25 years, I have built 6 companies in the $5 million to $25 million in revenue range with two of them making the INC 500 fastest-growing list. […]

Read more...
Where Can You Turn for a Low Interest Line of Credit?

Is Your Business Looking for a Low Interest Line of Credit to Help Cash Flow?

Having low expectations doesn’t always mean you are willing to accept anything. Sometimes, low is good, such as when you are looking for a low-interest line of credit to help […]

Read more...
Where Can You Go to Get a Business Line?

A Business Line Can Help Any Business with Cash Flow

The first rule of business is: every good business needs cash. Thankfully, a business line can  help businesses struggling with cash flow The small business you have built is not […]

Read more...
$100 bills fanned out indicating a business line of credit

Business Line of Credit: When to Start Planning for One

Many businesses without lines of credit don’t think about obtaining one until it’s almost or already too late. They wait until they’re short on payday, their creditors are calling, or they’re unable to meet their obligations due to not enough revenue or a lack of cash flow.
So how does having a business line of credit avoid getting into this situation? The keyword when it comes to planning for a credit line is “prepare.” Be ready before you get into trouble, before you have cash flow and funding problems, and before you run into a shortfall. All of these are great times to consider getting a business line of credit. Because, when the time comes, you might not be able to arrange a credit line to get you out of a jam and cover necessary business expenses.

Read more...