What is an Unsecured Business Loan? An unsecured business loan means there will be no collateral backing the loan. Yes, this type of lending can be risky for lenders, because they are simply relying on the cash flow from the business. For this reason, borrowers normally need to have a […]
Business And Finance
Why Business Plans Don’t Get Funded
Failure is guaranteed if a man does not understand the formula for success and apply them correctly. I say this without any hesitation and I speak from experience in this area. You can be assured that there is a formula for success in all endeavours of life and ignorance of […]
An Outline of Personal and Business Loan Categories and Their Uses
The number of loan products have increased over the past 20 years as economic necessity and a demanding public in need of specialization to solve financial circumstances. From personal loans, educational loans, business loans and even municipal loans. The entities that took part in the creation of the various financial […]
The Importance of Business Financial Analysis and Management
Planning and Control are the two most important ingredients to a Successful Business. A Business Plan takes most of the guess work out of Business Strategy and Control through solid Financial analysis. Financial Data provides a way to gauge where you are in your Strategic Plan, telling you where changes […]
Apply for New Business Loan Guidelines: Starting a New Business? Increase the Odds of Getting Funds
Realistically, new businesses can’t really get going without cash flow. Owners almost always have financial difficulties. It’s not easy to get the funding you need from banks and traditional lenders. In order to increase your chances of getting the money you need, you must learn the proper way to apply […]
Changing Business Strategies 2020
The ongoing COVID-19 pandemic has turned life upside-down for many Americans, and has forced many small business owners to either temporarily shutter their businesses or at the very least completely change the way in which they operate. Some small businesses have been forced to close down due to an inability […]
Accounting Finance – The Heart of Any Successful Business
At the core of any successful business is a well organized management. Financial accounting is a very important tool for business. Aside from knowing strategies such as bookkeeping, marketing, advertising and production, a good and stable business must also have a competent system for accounting finance. Whether you like it […]
Points to Analyse About A Business Loan
Businesses are now growing at a faster rate as compared to previous generations. And that’s where a business loan plays a crucial role in. In order for a business to keep operating, funding is something it requires of. It’s something that pulls them out of tedious situations and let the […]
Asset Financing: Leasing Over Loans
Asset leasing provides unique alternatives over traditional financing for businesses to obtain the necessary equipment for their operations. Asset leasing is done either as an operating lease or a capital lease. Each option has its own effect on the company’s balance sheet, but both give a business extra options to […]
Great News, Business Credit Has No Impact on the Business Owner’s Personal Credit
When done properly, business credit is obtained without the SSN being supplied on the application. This means there is no credit check from the business owner to get approved. This also means that anyone who has bad, even horrible personal credit can still be approved for business credit. Reports to […]