The Difference between Secured and Unsecured Business Loans

If your small business needs more cash than can be supplied through business credit lines or personal credit cards, it may be necessary to finance expenses through a loan. As with any form of financing, debt structure and payment schedule will depend on the bank, the individual’s credit history and their relationship with the lender….

How to build business credit and improve your poor credit

Last month, we shared a few strategies on how businesses can receive additional working capital with poor credit. Although some lenders will be lenient about your credit score, don’t you want to improve it anyways? In this post, we’re going to offer some credit score tips, so that you can work on raising that credit…

How to improve your business this spring

Say goodbye to winter weather, Spring Equinox is here! You’ve probably heard about the tradition of ‘spring cleaning.’ That doesn’t just hold true for giving your home some much needed attention. Your small business can benefit from a spring cleaning, too! While scrubbing the floors and organizing papers is a great way to start, use…

Marketing Tip of the Month: Developing a content marketing strategy

It’s becoming more and more common for small businesses to develop a content marketing strategy. If marketing isn’t your strong suit, you may not realize how producing original content for your business could boost your bottom line. Having a strong content marketing strategy can help you recruit new customers, educate existing clients and set your…

Small Business Regulations to Know About in 2017 under new President

The election of Donald Trump and the Republican majorities in both houses of Congress has created an air of uncertainty regarding small business regulations in 2017. On February 24, the president issued an executive order requiring agencies to review and repeal all regulations considered “burdensome” to the economy. Take for example the Fair Labor Standards…

7 Finance Goals for Small Business Owners in 2017

  Making New Year’s resolutions may be a bit of a cliché, but there’s no question that setting goals is one of the best ways to drive results. As you look to build on your success in 2017, here are seven financial goals to move to the top of your list. 1. Update Your Bookkeeping…

5 small business challenges and how working capital helps

Running a small business isn’t for the weak! You’re responsible for managing finances, hiring and overseeing employees, providing quality customer service and ensuring the productivity and quality of all areas of your business. With so much responsibility, small business challenges will arise, and many of them require additional financing in order to be resolved. That’s…

4 things a bank won’t tell you about receiving a loan

As a business owner, chances are you’re always thinking of new ways to get ahead of the competition, fix issues as they arise and ensure that your overall operations are always improving. If you’re wondering how to make these goals a reality, you may want to apply for a business loan. Having additional financing can…

Managing Your Business Budget

Many small business owners get overwhelmed at the thought of creating a budget. Don’t let it intimidate you, and instead get inspired to create a thorough budget that you can realistically stick to. Having a strong budget should be prioritized, so follow these tips to get started! Are you planning on opening up a small…

What to consider before applying for working capital

Running a small business means tending to a variety of areas. You need to ensure your business has enough cash flow for bills, paying employees and other day-to-day costs. In addition, your business may require funds for equipment updates, expansion costs, restocking inventory, among other necessary investments. In order to do this, you could apply for…