In June, Congress passed the Puerto Rico Oversight, Management, and Economic Stability Act, or Promesa. The bill aims to help Puerto Rico restructure its debt and prevent the island from being sued for defaulting on bond payments. The Puerto Rico… Read More »The Impact Of “Promesa” On Businesses In Puerto Rico
The main concern you’ll often face as an entrepreneur is how to raise your first round of funding. The norm is to approach a few investors and bring them on board. Even so, some investors may not be exactly the… Read More »3 Questions to Help You Identify the Right Investor
The life of a successful entrepreneur is easily admired. Every leading business publication wants to mention your name and every upcoming businessperson wants to hear you share your success story. But less known to many people are the hurdles you… Read More »Overcoming Three Main Challenges That Every Ambitious Entrepreneur Faces
The internet hosts people of virtually every age set today. People depend on the internet on the internet for shopping, chatting, learning and just about every aspect of their daily lives. What this means? It’s the place where your customers… Read More »How to Grow Your Business by Leveraging the Power of Online Communities
A good board of advisers becomes handy whenever an objective advice is needed, when you need to gauge future trends or scout the market. It’s also a great resource when you are aiming to create new strategic positions that may… Read More »How to Create an Effective Advisory Board
Undertaking the process of collecting debts can be intimidating to newcomers and startups. If you lack a thorough credit history, traditional banks and many credit processing providers will shy away from you. Moreover, the application process for merchant accounts will… Read More »Exclusive Collection Agency Merchant Accounts
Latino entrepreneurs submitted 18% more applications for small business loans in 2015. Latino business owners find it challenging to secure financing and are still behind in such factors as credit scores, operating expenses, annual revenue and age of business. The… Read More »The Impact Of Latino-Owned Businesses On Economic Growth
Lack of resources can be a great challenge for many entrepreneurs trying to start their own business in Puerto Rico. To get enough capital to take your business off the ground, you should apply to a traditional loan provider or… Read More »Loans For Businesses in Puerto Rico
Some entrepreneurs have a lot of money saved up, but they find it difficult to start a business as they do not have a viable idea. Others have a perfect idea to start their own business and succeed, but they… Read More »Loan Options To Fund Your Small Business
A merchant cash advance can be characterized as an alternative financing option. You will be provided with financing upfront and will pay for the advance with a percentage of your business’s daily sales. This a good business funding option for… Read More »What Is A Merchant Cash Advance And How Does It Work?
