Developing a budget to manage your finances should be accompanied with developing a plan for marketing and advertising. Boosting social engagement is too important for small businesses. So, how can you do this? Where to find reliable and affordable alternative business loans to grow your business? Just read below and you’ll know. Boosting Social Engagement: What About Alternative Business Loans? People all over the world spend a lot of time each day actively using social media. So, it’s no surprise that social media engagement is critical to your business success. Besides, social media is one of the most cost-effective solutions […]

You already made some of your dreams come true by starting your business. Now, you are probably itching to keep the momentum going by taking steps to grow your business. You can begin expanding your empire with the right merchant loan and these four tips: 1.    Get on Social Media and Share Content that Matters For the most part, this is a no-brainer. But, this isn’t just about getting on social media and getting “likes” and a few “retweets.” Those are important, but it is much more vital to engage with customers and offer nuggets of information that are […]

The number of small business lending options continues to grow. Since the financial crisis of 2008, more and more alternative lenders have emerged, offering cash solutions to the countless small businesses that need capital. Banks, unwilling to work with smaller companies, have left them unable to start, grow and expand their businesses. Alternative providers, on the other hand, offer speed and flexibility. One of the most popular options is the merchant cash advance. What is a merchant cash advance? There are many reasons why small businesses are choosing this option. But first, lets take a closer look at what a […]

Are you confused about the differences between equipment financing and leasing? Are you unsure which assets are considered “equipment”? The following information will answer the important questions you have, and help you determine which option is right for your business. Equipment Financing Equipment loans are available from a variety of sources, including: commercial banks, credit unions, online lenders and government-backed SBA loans. You might be able to use the equipment itself for collateral, depending on the nature of the equipment and the lender. In some cases – depending on the type and cost of the equipment being purchased – equipment […]

What is seller financing, you ask? And is it right for me? Seller financing involves a business’ original owner offering a buyer a loan to cover a portion of the price of the business. As the deal closes, the buyer makes a down payment in cash. The seller’s loan covers the remaining amount of the sale price, plus interest (as per the terms set by the lender). Because seller financing rarely covers the entire price of the business, many buyers use another form of financing along with the seller’s loan. Why do small business owners seek seller financing? There are […]