Getting equipment for a business is expensive, which is why many business owners use equipment leases and equipment loans to buy computers, vehicles, machines, and heavy equipment. Before you can get financing for your equipment, however, you should understand and evaluate your business. You should know what you need. Unfortunately, even if you know just [...]
Cash is king when it comes to business. Businesses need money for everything they do. What can you do if you need quick access to cash in an emergency, such as broken equipment or a lack of supplies, or to take advantage of unexpected opportunities? That’s where working capital comes into play. The problem with [...]
Most people understand that having a good credit rating is an essential part of doing business. Having good credit is particularly important if you need more working capital and are considering taking out a small business loan. Unfortunately, it can be challenging to get approval for a loan if you have a low credit rating. [...]
Getting business loans isn’t easy, especially for small business owners. This is made more difficult by bad credit. But don’t worry, because there are measures you can take to try and get some funding. All you need to do is assure the lenders that you’re reliable enough to make your payment dues. Below are the [...]
There are a variety of reasons why small companies, start-ups, and solo entrepreneurs struggle to obtain the financial support they need to grow their business. One of the biggest obstacles they face when they apply for a business loan is a bad credit rating. But what does that mean, exactly? To understand how credit ratings [...]
In an ideal world, you'd have a credit rating that would allow you to secure a business loan that charged as little interest as possible. Unfortunately, this is not always the case. Small businesses, start-ups, and young entrepreneurs with bad credit need to explore every possible avenue to improve their ratings. And as daunting as [...]
Our business environment, like many other areas in our society, isn’t a place that provides equal opportunities for all. The sad fact is that minorities are still discriminated against when it comes to securing a loan for their small business, especially if they have a poor credit score. But there are ways of getting around [...]
It's not all that long ago that it was rare and even frowned upon, to be a woman in business. Thanks to feminism and equal rights, today's women are free to own and manage their own businesses. In fact, a study by American Express recently showed that over 11 million women run their own businesses [...]
