10 Tips for Small Business Holiday Prep
Share this Blog The holidays – generally considered the time between Thanksgiving and New Year’s Day – are the busiest time of the year for many small businesses, and particularly those focused on retail sales. McKinsey and Company are reportedly projecting that the holiday season will start earlier than usual this year and feature a […]
Getting Small Business Loans For Companies with Bad Credit: 11 Key Tips
Share this Blog A poor credit rating can prevent a business owner from getting a loan or add significant costs to borrowing. However, getting a small business loan with bad credit is not as difficult as it once was. In addition, there are steps that business owners can follow to improve poor credit. A small […]
8 Things To Remember About Seasonal Business Loans and Alternative Financing
Share this Blog Many small businesses contend with distinct seasonality in which a furious peak season is followed by a dreary slow season. Some businesses peak in the summer months, some peak in the holiday season, and others peak in between. The United States Federal Reserve has shown that employment drops in January and February, […]
The Top Online Small Business Lenders in 2022 (and the Loans They Offer)
Share this Blog On This Page: Types of Small Business Loans What Online Lenders Look For In a Borrower The Top Online Business Lenders The best small business loan options aren’t just found in traditional banks and credit unions any longer. Online lenders have sprung up to offer new businesses and established businesses alike access […]
How to Find The Right Amount of Inventory to Carry (and Why it Matters)
Share this Blog On This Page: What’s the Right Inventory Balance? Finding Your Inventory Turnover Rate How To Fix Improper Inventory Closing Thought For any small business making its money by selling a product, there’s a sweet spot to be found in inventory management. You want to carry enough product to meet customer demand, but […]
Business Line of Credit Calculator
Share this Blog On This Page: What is a Business Line of Credit? How Can You Use a Line of Credit? How to Get a Business Line of Credit Small business owners can use this business line of credit calculator to figure out just how much it will cost them to draw money on their […]
How to Obtain Construction Equipment Financing for Your Small Business
Share this Blog On This Page: What Do Lenders Want To See in Construction Equipment Loan Borrowers? Types of Loans Available for Construction Equipment Section 179 Tax Deductions The construction industry is one of the most equipment-intensive industries out there. Even the most basic construction projects will require specialized or heavy-duty tools, and some larger […]
How to Get Fast Working Capital For Your Small Business
Share this Blog On This Page: What is Working Capital? Why Do I Need a Working Capital Loan? Types of Working Capital Loans Mistakes to Avoid Working capital is a term used to describe the financial resources available to your small business at any given moment. Maintaining a healthy amount of working capital helps your […]
What Are High-Risk Business Loans (and Should I Get One?)
Share this Blog On This Page: Which Types of Businesses are High-Risk? How Do Lenders Protect Themselves from Risky Borrowers? Types of High-Risk Business Loans Final Thoughts A high-risk loan or alternative financing is any funding given to a business that the financing provider deems less likely to repay its debts. There are several reasons […]
CRM Software: The Best Options for Small Businesses in 2022
Share this Blog On This Page: What is CRM Software? How to Choose CRM Software The Best Small Business CRM Software Finding and converting leads into customers is one of the most important parts of any small business. Small business owners are seeking out customer relationship management (CRM) software to help manage that process. Great […]
