A Line of Credit... Just in Case

Business Line Of Credit

Business Line of Credit: When to Start Planning for One

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.

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Essential Business Loans: SBA, Commercial Banks, Alternatives.

How to Contact The SBA

It’s nice to know that your business or nonprofit is an essential business according to the government during the corona virus outbreak. It would be even nicer if a business or nonprofit could get a fast, essential business loan! Luckily, since the recessions after 9/11 and 2008, businesses and nonprofits can get a business loan or line of credit quickly. You now have more options than in the past.   […]

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What Makes a Great Business Owner: Entrepreneur MBA Podcast 1.5

David Mammano is an entrepreneur, speaker, and coach from the Avanti Entrepreneur Network. He is the host of the Avanti Entrepreneur Podcast. David has years of experience and close to 200 podcasts on the entrepreneur journey. He is a great business coach and business owner. David talks on the Entrepreneur MBA Podcast with host and […]

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Business Execution, The Key to Getting Over $10 million in Sales: Entrepreneur MBA 1.3

Dwight Cooper is the founder of PPR which his team grew to over $100 million in yearly sales before recently selling to an investor group. One of PPR’s core competencies was exceptional business execution and is the key reason why PPR grew and thrived in a very competitive marketplace. Stephen Halasnik from Financing Solutions interviews […]

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How and Why to Start Another Business When You Have an Existing Business: Entrepreneur MBA 1.2

Is it better to grow your existing business or start another business? David Hauser who is a serial entrepreneur best known for being the founder of The Grasshopper Group, which recently sold for $160 million, talks about How and Why to Start Another Business When You Have an Existing Business on today’s Entrepreneur MBA Podcast. Hosted […]

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How and Why to Bring On a Second In Command: Entrepreneur MBA 1.1

Entrepreneurs often are used to doing a lot of things themselves but as their organization grows, they need help by potentially hiring a second in command. Cameron Herold, best selling author and Founder of the COO Alliance, which is The World’s Leading Network for 2nd in Commands, talks about how and why to bring on a second in command […]

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Where to Look for an Emergency Business Loan

MOST BUSINESSES NEEDING AN EMERGENCY BUSINESS LOANS START WITH A LOCAL BANK Every business owner has been there, you need an emergency business loan and you go to your local bank and talk to the bank officer. It might be the branch you deal with now or it might a bank you have never been […]

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When My Business Needs Money Fast

Article summary: If you are asking, “What can I do when my business needs money fast?” it doesn’t mean that your business isn’t a good one. In most cases, it’s simply a situation where things got ahead of you or you are hit with an expense you did not budget for. And you are not […]

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