Closing the Gender Lending GapWomen 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…
Last Updated on July 11, 2019
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 hassle.On the…
Last Updated on June 27, 2019
Veterans have all the tools they need to find success as small business owners. Discipline, focus, and the ability to set and achieve a goal. Did you know that the Play it Again Sports franchise was started by an Army veteran? Other businesses started by veterans include a tutoring service,…
Last Updated on May 23, 2019
Alternative Business Loans Help Businesses GrowThe 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…
Last Updated on May 17, 2019
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 food choices.…
Last Updated on April 24, 2019
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…
Last Updated on April 17, 2019
Few business owners went into business on their own because they are excellent bookkeepers or accountants. You might have had a passion for good food, fun clothing, or developing products to simplify people’s lives. But you will have to learn some financial skills if your business is to prosper.Financial management…
Last Updated on March 15, 2019
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 think that a loan from a bank…
Last Updated on March 15, 2019
Did you know that women own more than 11.3 million businesses in the United States, and that those businesses account for 1.6 trillion in revenue? Women represent an important segment of the U.S. economy, and yet, according to a report by the U.S. Senate, it’s still more difficult for women…
Last Updated on March 14, 2019
When You Should Take a Business Loan Timing is everything, right? When it comes to running a small business, the timing of business decisions can make or break it, and nowhere more than when taking out a small business loan. If you take out a small business loan too early,…
Last Updated on March 13, 2019