Top Reasons to Avoid Using a Bank for a Small Business Loan When most small business owners realize that it is time to get a small business loan, they might think that a bank or traditional lender is their only option. Even if they are aware of other options, such as alternative lenders, they might […]
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Business Financing Advice
Bad Credit Business Loan Risks vs Reward
Bad Credit Business Loans Risks vs Reward You applied for a small business loan and received a rejection. Or, the banker told you not to even bother applying. But your business still needs capital. It is at this point that many small business owners begin looking into alternative forms of business funding with bad credit. […]
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Best Ways to Utilize Bad Credit Business Loans
Best Ways to Utilize Bad Credit Business Loans Now that you have overcome the obstacle of receiving bad credit business funding because you found a lender that offered business loans with bad credit, you need a strong plan on how to utilize the additional working capital. You have to look at the full cost of […]
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How Do Bad Credit Business Loans Work
How do Bad Credit Business Loans Work? If it is your first time approaching an alternative lender for a bad credit business loan you might feel uncertain and wonder how the loans work. Alternative lenders have only been around for roughly ten years or so, and while they have quickly grown to meet the needs […]
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Lending Industry News
Alternative Business Loans Assist Small Businesses
Alternative Business Loans Help Businesses Grow The reputation of the alternative lending industry is suffering due to the proliferation of exposés using isolated incidents as circumstantial evidence aiming to delegitimize the industry as a whole. It is imperative to address this hot button issue. Why? Because lone wolf incidents aside, alternative lending is the backbone […]
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Top Reasons to Avoid Bank Business Loans
Top Reasons to Avoid Using a Bank for a Small Business Loan When most small business owners realize that it is time to get a small business loan, they might think that a bank or traditional lender is their only option. Even if they are aware of other options, such as alternative lenders, they might […]
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How to Choose a Lender When Banks are Not an Option
How to Choose a Lender When Banks are Not an Option When it comes to finding a lender for a small business loan, you have a plethora of good lending options. The main two types of lending options for small business owners include traditional banks and alternative lenders. The type of lender you end up […]
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Tips and More
Grocery Stores are Better for Community with Business Funding
Local Grocery Stores Better with Business Funding The term “food deserts” has become popular in recent years, as studies have shown that many families lack access to healthy fruits and vegetables within their neighborhoods. Poorer neighborhoods, particularly those in urban areas whose demographics are primarily minority racial groups, are particularly lacking in fresh and healthy […]
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Paying Off Business Loan Debt Faster
Tips for Paying Off Business Loan Debt Faster There are many advantages to paying off a small business loan faster than your repayment schedule. Accelerating your repayment period will save you interest in the long run. Paying down the loan could improve your credit score if your debt ratio is too high. It can also […]
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Tips to Secure Bad Credit Business Loans
Tips for Acquiring Bad Credit Business Loans Running a small business can be incredibly rewarding; it can also be one of the biggest challenges a person can experience in their lifetime. This is especially true for those who suffer from poor credit. A low credit score can make many parts of life difficult, including obtaining […]
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