A Line of Credit... Just in Case

short term business loan

What to Do When You Say I Need a Small Business Loan

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) […]

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A Comparison of Lines of Credit

A comparison of lines of credit will help you decide.

What you did yesterday and what you will do tomorrow pales in comparison to what you do today and one of the actions you must take right now is to do a comparison of lines of credit. The future of your business depends on it. Every business will encounter a situation when cash flow is […]

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Is it a Good Idea to Get a Home Equity Line of Credit (HELOC)

All it takes is one good idea to generate big results, so you may be wondering whether getting a home equity line of credit for your business or nonprofit is the right catalyst for you. The more you learn about this key business tool will help you decide if it is the best option for […]

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Do Banks Use Debt to Income Ratio to Determine Approval for a Line of Credit

How Do Banks Use Debt to Income Ratio to Determine Approval

The world of business moves too fast to spend time waiting for endless approvals. Therefore, you need to know what it takes to be approved for a business bank loan and how banks use debt to income ratio in their decision making process. Most small business owners think only about credit score and collateral when […]

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Working Capital Loans Are Also Known as a Line of Credit

No matter what you call it, you might need to know that working capital loans are also known as a line of credit and they can help you grow your business.

Your business may be also known as an enterprise, a firm or company. No matter what you call it, you might need to know that working capital loans are also known as a line of credit and they can help you grow your business. Business to business magazines are also known as trade publications. Direct […]

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Getting a Business Line of Credit for Working Capital is Critically Important

How Can a Business Line of Credit for Working Capital Help your Company?

The Seven Habits of Highly Effective People author Stephen Covey said, “Most of us spend too much time on what is urgent and not enough time on what is important.” This is especially true of the small business owner. You are so busy with day to day matters that it’s easy to forget that getting […]

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Where to Get a Business LOC Loan

Is There an Alternative to a Business LOC Loan?

It has been said that your big opportunity could be right where you are now. For example, if you are wondering where to get a business LOC loan (line of credit loan) to help grow your business, you have come to the right post. There are numerous financial products to help a small business owner […]

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Sometimes a Line of Credit is Better than a Business Term Loan

Why a Line of Credit May be better than a Business Term Loan

Occasionally, it is the smallest choices that can have the biggest impact on your business. For example, sometimes choosing a line of credit (LOC) will serve you better than a business term loan. As a small business owner, you can become so busy with the daily task of keeping your company above water that you […]

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Alternative Lenders for Short Term Business Financing is Now Replacing Banks

Why Alternative Lenders Are Replacing Banks for Short Term Business Financing

Why Banks Are No Longer the Best Solution for Short Term Business Financing Traditionally, when a small business owner needed short term business financing, they went to a bank and completed a lengthy application. Then, after providing mountains of paperwork and giving proof of collateral, he waited, only to get an answer months later that […]

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