Unsecured vs. Secured Funding: A Comprehensive Guide for Business Owners
By providing security, the borrower reduces the risk of financial loss for the lender, which can result in more favorable loan terms, such as lower interest rates and longer repayment periods.
Tips for Selecting the Right Financing Option for Your Restaurant Business
Selecting the right financing option for your restaurant business is crucial for its success. Assess your financial needs, review your credit history, and explore various financing options, including SBA loans, traditional bank loans, equipment loans, crowdfunding, business credit cards, and non-loan options like MCAs.
How to Get a Retail Loan or Alternative Financing with Bad Credit
Your business credit score and credit report are critical components that lenders use to evaluate your creditworthiness. If you have bad credit, it is essential to understand your credit score and credit report, as they can affect your ability to get approved for a retail loan.
Strategies for Small Business Owners to Prepare for Inflation
Inflation is a reality that small business owners must confront, especially as the economy recovers from the effects of the pandemic. Understanding how inflation can impact your bottom line is essential for maintaining profitability and long-term success.
The Best Finance Podcasts to Help Your Small Business
As an entrepreneur or small business owner, podcasts can be an excellent resource for learning about personal finance, business lending, and money management.
Amazon Handmade vs Etsy: Best Option for Handmade Sellers?
Handmade sellers are individuals or small businesses who create, design, and produce handmade items to sell to consumers; Amazon and Etsy comprise a large share of the online market for these handmade goods.
What You Need To Know About Using Cash App For Your Business
Cash App is a peer-to-peer payment service that allows users to send and receive money from each other using their smartphones. It was created by Square Inc. in 2013, and it is available for download on iOS and Android devices.
Fast Business Loans vs. Traditional Loans
Fast business loans are comprised of any form of business financing that allows small business owners to get their hands on necessary capital quickly.
Preparing Your Business for Events Like Banking System Outages
As a business owner, it’s essential to be prepared for unexpected events like outages, natural disasters, cyberattacks, power outages, pandemics, and other disruptive events that can impact your business.
How to Avoid Seasonal Cash Flow Problems
Seasonal cash flow problems refer to the financial difficulties that small business owners experience due to fluctuations in their revenue and expenses throughout the year.
