How to Get a Line of Credit as a New Business Owner

As an aspiring business owner, you may have heard that a business line of credit is useful for budding ventures. Also known as revolving credit, credit lines are essentially arrangements with a lender that allows you to borrow up to a set credit limit as needed. This differs from a traditional term loan, in which you borrow a…

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…

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…

5 tips for running a family business

Running a family business can have its ups and downs. While it can be constructive to work with people you know and trust, it can also present conflicts of interest. Many small businesses across the nation are family owned, and most of these businesses are able to thrive. In this post, we’ll offer tips on…

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…

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…

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 where…