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Blogs - Exclusive Guide to Small Business Financing

/ Blogs – Exclusive Guide to Small Business Financing

Facts about Small Business Loans

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May 16, 2022 , ,

There are many facts about small business loans that business owners are not aware of. And, most private companies will all need to access a business loan at some stage of their evolution. It could be to ignite growth and finance a marketing campaign, stock up on inventory, and/or maintain a stable cash flow during growth spurts. This can also include the ebb and tide of seasonal sales. The following are things you really want to be familiar with in terms of small business loan facts.

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5 Small Business Loan Myths

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economy
April 28, 2022 ,

Myths about Small Business Loans

Numerous independent ventures will require a loan sooner or later. Whether it’s for working capital, business extension, buying non-current assets, further developing administrations, or refreshing your premises, organizations can expect admittance to cash for various purposes. 

Notwithstanding, there are many small business loan myths that can create turmoil among entrepreneurs. Assuming that you’re uninformed about business advances or hoping to isolate truth from fiction, we’ve busted the most common small business loan myths.

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How To Increase Cash Flow in your Company?

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February 18, 2022

There is no doubt that a healthy cash flow allows businesses to have more freedom over their operations. More money means that businesses can strengthen their organizations by having more purchasing power. This allows an organization to train their employees or hire more experienced workers, invest in the latest technology, market, and product research, and ultimately grow their business. 

Though managing cash flow is no easy task, there are several strategies that businesses can employ to improve their cash flow. Here are a few easy-to-implement business strategies to increase cash flows. 

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Get a Loan with Bad Credit

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You may be alarmed to find that a business can obtain a loan despite a poor credit score as long as your company is in a good position. Many lenders have various qualifications they look for besides your credit score, and some of the other factors include 

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What is Bad Credit and How Does it Affect You?

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It is no secret that having a bad personal credit score can wreak havoc in our lives and keep us drowned in high-interest rates on mortgages, cars, and much more. In addition to that, many people assume that having their personal and business credit scores separate means that their bad personal credit will not affect their chances of getting approved for a business loan. This is not the case, and most lenders’ first line of inquiry is your credit.

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Tips for Cash Flow of your Small Business

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working capital
December 23, 2021 , ,

Tips for cash flow of your small business deals with funding to set up and launch your business, as well as ongoing operations.  

Setting up and launching a business is a big endeavor. But that is just the first step. Then you have to set up the operations, marketing, and compliance, and find the correct income-expense balance to sustain a profit for growth. 

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Types of Working Capital Loans

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Updates
December 13, 2021

Working capital loans are the lifeblood of any business. It is a critical tool for any business looking to grow.

There are so many different types of capital resources in the market it can be overwhelming when trying to figure out which is best for you. So let’s first review the types of working capital loans available. 

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How to Get a Business Line of Credit for my Small Business?

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March 7, 2020 , , ,

If you are a business owner, odds are that you have, or will, face that moment when you will struggle to pay bills and salaries to employees. Lack of operating capital can result from a slow-paying client, bad debt, seasonal pike upward, or a downturn. Nonetheless, when you’re out of capital, you’re out of business. Because as the old adage goes, in business, cash is king!

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5 Tips to Small Business Funding

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Money for small business
September 29, 2019 ,

Many early-stage and sustaining businesses find themselves running into cash flow problems for a host of reasons throughout the company’s evolution. Perhaps they grew at a faster pace than their profits could support; perhaps they needed to invest in equipment or hire new staff to service their growing customer base. Whatever the cause is, solving that issue is not just about securing cash flow financing, but securing the right type of financing. There is a strategy to assess your cash flow borrowing needs.

 

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Steps for Choosing the Right Financing for Your Business

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August 21, 2017

Access to financing and loan facilities is critical to the ongoing success of any growing business. Whether you need to hire new staff, expand to a new territory, or buy new raw materials, advance funding will be likely required. So choosing the right financing for your business matters.

Choosing the right financing for your business can be a daunting task. It is complex and time-consuming. Small businesses have a mountain of choices. This is due to the increase in the number of lending tools in recent years that become available. But there are loan specialists that with no upfront fees can source the right fit for your business. 

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