Veterans own 2.52 million businesses in the United States, primarily in the finance, insurance, transportation, and warehousing industries. Women own 15.2% of those businesses, but organizations and lenders are working to increase that percentage.Women’s Veteran’s Alliance has created an online directory of businesses owned by female veterans, the Veteran Women’s…
Last Updated on March 5, 2020
Business credit cards help small business owners stay afloat. In one survey, 31% of small business owners said they had used their card to meet capital needs in the last year.The market for small business credit cards is $500 billion, and more credit card companies are working to reach small…
Last Updated on February 14, 2020
Taking the leap and applying for a small business loan can be scary. What if cash flow does not match your projections? Will borrowing really help you achieve your goals? Whether it is your first or your tenth loan, before you apply you want some reassurance that it is the…
Last Updated on February 5, 2020
In the lull between the holiday season and when things pick back up, your business could run into financial difficulty. Perhaps holiday sales or credit transactions have not settled yet, but a supplier is demanding payment. Or, you failed to set aside money from previous months to cover a slight…
Last Updated on January 24, 2020
A business loan is a form of borrowing designed to support business purposes. A car loan allows you to buy a car, a mortgage enables you to buy a house, and a business loan could help your business grow and succeed.When you decide to apply for a business loan, you should…
Last Updated on October 15, 2019
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 you read an article about…
Last Updated on September 11, 2019
When you applied for a small business loan, you probably focused upon getting the best rates and terms and worried you might not even qualify for a loan. Once approved, the feelings of relief and excitement could be overwhelming.As you are going over and thoroughly reading your loan agreement, you…
Last Updated on August 26, 2019
Understanding Your Business Loan AgreementYou 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,…
Last Updated on August 16, 2019
Private Business Loans for WomenWomen start more new businesses than men and account for over 36% of all companies in the United States. They are becoming entrepreneurs at higher rates than men and generating better returns. However, they can still struggle to find the capital they need to get their…
Last Updated on August 1, 2019
Can you make your Payments on a Business Loan?You know that you need a business loan, but can you afford one? Small business owners take out loans for a variety of reasons, from wanting to expand to needing help managing cash flow.Sometimes the reason is urgent, and without the capital…
Last Updated on July 22, 2019
