The 7(a) loan program is the most popular offering from the SBA, and for good reason. It allows small business owners to finance major investments in equipment, and it also lets entrepreneurs purchase existing businesses in communities across the...
You hopefully know and understand your personal credit score, especially if you’re considering opening a business. However, did you know that your business also has a credit score and that it can have an affect on your possible loan...
If you’re looking to purchase investment property, it’s important to understand how commercial real estate differs from personal property purchases. It’s also important to understand the various real estate markets available to you and where each is at in...
If you’ve decided to strike out on your own and start a business, then you may want to sit down and determine the best way to manage your new business before you open your doors. One of the first...
When psychologists and other professionals talk about resilience, they’re discussing an individual’s ability to cope with the traumas, stressors, and everyday problems they encounter in their life’s journey without letting it derail them from their goals. Entrepreneurship depends deeply...
If you want to get your startup off on the right foot, you need to know how to supply it with all the resources a growing business could need. Unfortunately, the world isn’t set up to make that too...
Financing the growth of your business isn’t difficult, but it does require some planning. The biggest issue is that traditional business loans don’t usually provide flexible working capital, which is what you usually need when planning a big move...
Factoring is one of the oldest forms of commercial debt, dating back to the Roman Empire. The technology to support it has changed a lot with time, but the basic idea is still the same. Entrepreneurs have business cycles...
Your customers are the lifeblood of your business. Without them, you wouldn’t be a success. That’s why it makes sense to use them to help your business succeed by figuring out how to leverage their spending to finance your...
Starting a small business requires a lot of capital, which is why the SBA’s loan programs are so popular. They’re built to help new companies and small businesses who fall outside the range of traditional lending options but who...