April 25, 2019 / by Sam Baitz / How To's & Do's
How to Choose Your Small Business Lender While you may have started up your company with enough business capital to fund its early stages, as it grows you will likely need access to additional working capital. Capital can be accessed privately, through friends and family, or through crowdfunding. Those always carry the risk of disappointing […]
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Why APR on Business Loans Does Not Matter
September 11, 2019 / by Sam Baitz / The W's of Financing
Why Your Business Loan APR Does Not Always Matter Small business owners who need to borrow capital often look at the interest rate first when making a lending decision. The interest rate a lender charges represents what you will pay to borrow the funds. In effect, it is the price tag on your loan. If […]
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How to Read Your Business Loan Agreement
August 16, 2019 / by Sam Baitz / Documents & Stuff
Understanding Your Business Loan Agreement You have been approved for a small business loan – congratulations! But do you understand it? Your business loan agreement contains all of the information on the contract formed between the business owner and the lender. While not always the easiest set of documents to understand, business owners who want […]
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Closing the Gender Lending Gap Through Alternative Lending
July 11, 2019 / by Sam Baitz / Women & Financing
Closing the Gender Lending Gap Women continue to increase their participation in the business world. Everyday female entrepreneurs launch new businesses and many of them continue to thrive. Many of these early stage companies require additional working capital to fund their continued growth. Unfortunately most of these women entrepreneurs or business owners are realizing how […]
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How to Get a Bank Business Loan
June 27, 2019 / by Sam Baitz / How To's & Do's
How to Get Bank Business Loans You can get business loans from many different lenders. But most business owners go to the places they’re familiar with: banks. Getting a business bank loan is different from getting other types of loans. They’re harder to get. There’s often more paperwork and more waiting. It can be a […]
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Alternative Business Loans Assist Small Businesses
May 17, 2019 / by Sam Baitz / Lending Industry
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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How to Guarantee a Business Loan Approval
May 9, 2019 / by Sam Baitz / How To's & Do's
How to Guarantee You’re Approved for Business Loans If you’re a small business owner who’s applied for a business loan in the past you know that it can be a time-consuming and frustrating process. The smallest mistake, such as forgetting to fill out a form, can hold up the whole process. Before you begin, why […]
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What to do if you are Denied a Business Loan
May 2, 2019 / by Sam Baitz / The W's of Financing
What to do if you’re denied a Business Loan Nobody likes rejection. If you’re a small business owner who needed a business loan, a “denied” stamp can sting. That denied loan application, however, isn’t always the end of the road. The first thing to do is find out why the lender denied your business loan […]
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How to Choose a Small Business Lender
April 25, 2019 / by Sam Baitz / How To's & Do's
How to Choose Your Small Business Lender While you may have started up your company with enough business capital to fund its early stages, as it grows you will likely need access to additional working capital. Capital can be accessed privately, through friends and family, or through crowdfunding. Those always carry the risk of disappointing […]
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The Practice of Business Loan Stacking
April 2, 2019 / by Sam Baitz / Debt Management
Loan Stacking, What it is and If It’s a Good Idea for You There will come a time in your small business’s life cycle when you will need to borrow. Whether it is to expand, to take advantage of a new business opportunity, or to develop a new product, it is rare that existing cash […]
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Top Reasons to Avoid Bank Business Loans
March 15, 2019 / by Sam Baitz / Banks
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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