Have you decided to expand your business? Do you need to pay for new employees? Maybe you need new office space, don’t you? What about new materials, inventory, or marketing, and more? With the right business funding, you can realize all this, and not only. Just keep on reading below to discover the main business loan requirements you need to know. Business Funding Requirements to Know When applying for a business loan, you’ll almost always be required to show self-reported credentials. These include your personal credit, annual revenue, and how long you’ve been doing business. Moreover, almost always you’ll be […]

What setbacks do a business listed as ‘high-risk’ face? In truth, the downsides of being categorized as a high-risk company are numerous. But it is not always your mistake— the authorities consider these sectors as risky because of the nature of activities or products they handle. But these merchants, like their low-risk counterparts, are just business owners looking to venture into a niche they find unexploited and make profits out of their efforts. Among the growing pains of a high-risk entity is payment processing because processors are unwilling to onboard these merchants. Payment processors would rather stay away from these […]

If you’ve been thinking the summer months are away from being productive, you’re wrong. In reality, summer is an extremely productive period for businesses. After all, you can’t find extra time to focus on different areas of your business, can you? So, let’s see how you can use the summer period for your business, as well as discover exceptional business funding opportunities. Business Funding Sunshine… Hot days… Cool backyard pool… Wait! The picture may be completely different for you if you’re a business owner. It’s not always that easy for you to take time off and enjoy the summer months, […]

Getting business funding can be critical to the economic growth of your company. What should you bear in mind when applying for a small business loan? How can you be sure this is the right financing option for your business? No worries. This article is here to help you find the right funding from the right provider. Looking for Business Financing to Grow When starting a business, you’re likely to get down to diving seed money from a lender. However, you’re not alone in this. Merchants with years of history in business might as well need access to some urgent […]

Today, small business owners have multiple options when it comes business funding. The important thing is to avoid borrowing money too aggressively and without a sound basis. This article will tell you some basic reasons why should borrow now. Business Funding: Borrow Now or Not Did you know that 50% of business fail during the 1st 5 years and 66% during the 1st 10? Right planning, funding, and flexibility are the most important factors to help you success and not fail. When it comes to funding, more businesses feel comfortable with online lending. Yes, this is a fact. Why? Online […]

Much has been said about who has been harmed by the recent government shutdown – the longest shutdown in U.S. history. The shutdown began Dec. 22, 2018 and ended 35 days later. Hundreds of thousands of Federal workers who had missed two paychecks during the partial government shutdown were finally informed they would receive their back pay. In the midst of the shutdown and in the days after, not much was said about how the partial shutdown affected small businesses. Countless small business owners were also negatively impacted by the shutdown. The following are the top three consequences small businesses […]

All small merchants need a reliable source of instant cash. Whether you’re sure you’ll meet bank loan requirements or not, nothing gives you financial confidence like knowing you can secure financing in as fast as 24 hours. Some opportunities are time-bound, so you won’t have the leisure of waiting for your bank to go through their long processes as you wait for a response— which may also be positive or disappointing. So where do you search when desperate for immediate financial backing? What are some forms of commercial funding that will work for your situation? 1-A Line of credit Lines […]

Getting a small business without having to face a credit check is possible just do not expect to get the financing from a traditional lender, like a bank. Approving financing for a speculative business without collateral and good credit is something banks do not want to risk. Banks consider merchants in these categories as “high risk,” which basically means a number of factors, such as a reputation for excessive chargebacks or their industries, they may be less likely to pay back the money borrowed. Therefore, the best way to get a small business loan no credit check I to apply […]

For many, owning their own businesses are the quintessential American Dream. Oftentimes, the best way to make your dream a reality is to market a skill that you are not only passionate about but that you have mastered. Whether its handcrafted jewelry or masonry, once you have decided what services you will offer and how they will value your customers, you need the business funding to get it off the ground. In here, lies the tricky part. Startups Have Much to Think About Where will you get the seed money? How you will keep enough cash on hand to handle […]

Unfavorable working conditions like old trucks and unforgiving driving schedules scared away truck drivers, and now the industry is short of an entire 51,000 drivers. In a bid to fill in the gaps, the industry is improving the driver’s experience to lure more staff including women into the sector. C.R. England is one of the leading truck companies in the country. It employs over 6500 drivers. The firm pays novices a starting salary of $40,000/year and the pay increases with experience, with the best drivers earning six-figure salaries. The freight company is currently improving conditions for workers and offering high […]