Since the Global Financial Crisis, traditional lenders has placed more restrictions on loan applicants, which have decreased the number of small businesses that are approved for loans. According to a new study from Dun & Bradstreet and Pepperdine University, over… Read More »Small Businesses That Have Trouble Getting Loan’s
A 2015 Federal Reserve Bank of New York study showed that 7% of small businesses skipped traditional loans and used merchant cash advances as a source of funding instead. This is a significant increase from previous years. If you own… Read More »Top Tips to Finance Your Small Business
High risk merchants often have a hard time acquiring business loans. Lenders view merchants in high risk industries as undesirable investments, even if the business owner is an experienced entrepreneur. But it is possible for high risk merchants to find… Read More »5 Steps to Prep for a Business Loan
Most business entrepreneurs choose to fund their startups through their own cash or savings. While this approach works well for many business owners, there will come a time when additional capital is required from the outside. With alternative lending options… Read More »A Guide for Choosing the Best Small Business Funding Option
Since the Global Financial Crisis (2007-09), small business owners had difficulty getting approved for a loan from a traditional bank or an alternative lender offering decent rates. Today, it has become much easier to get approved for a small business… Read More »Bank Loans Still Difficult To Obtain For Small Businesses
Small businesses are cornerstones of every country’s economy. If you’re considering to start a small business, you should take into account the financial risks and challenges you may face as an entrepreneur in today’s world of business. There are several… Read More »6 Steps To Take Before Applying For A Small Business Loan
Small business loans can help merchants get the cash they need to grow their businesses. While this is a popular choice for merchants, it is not the best choice for most. There are many ways that you can advance your… Read More »Small Business Loans are Not the Only Way to Advance Your Business
In recent years, merchant cash advance providers have become a popular option for small business owners in need of quick access to working capital. A merchant cash advance is not a loan; it is in fact a sale. The provider… Read More »How Does a Merchant Cash Advance Work?
Dealing with rejection is hard, especially for an entrepreneur who believes in their services or products. But being rejected for a small business loan, may not have anything to do with the viability of your product or service. There are… Read More »Has Your Start-Up Been Rejected for a Loan? No Problem!
Start-up businesses face many challenges when they start looking for business funding. Traditional lenders offer a process that is so slow, too manual and so risk-averse that small businesses don’t stand a chance. Because of this, small business owners have… Read More »Looking for a Small Business Loan? 5 Tips to Get Your Started
