Most Recent Articles

Why Loan Stacking Is Bad For Business

Since the financial crisis, it’s harder than ever to convince banks and traditional lenders to buy into your big idea, so it’s not surprising that more and more business owners and entrepreneurs are turning to alternative options. When you’re just starting out or trying to grow your small business, it’s tempting to take advantage of any available influx of capital, [...]

Financing Made Simple: The Truth About Small Business Financing

How many times have you heard that it's hard to get funding? It's a common refrain and every entrepreneur has wondered how to better raise capital. The truth is that it's not nearly as hard as you think. Here are some common myths about funding a business and how they don't hold up in real life. VC's Just Want Harvard [...]

Minimum Sales Requirements: The Truth About Small Business Financing

Every successful business had to begin somewhere. Apple started in Steve Jobs' garage, after all. While you're probably not aiming toward worldwide corporate domination, you know your business plan has solid potential… as long as you can get funding. Too often, traditional lenders seem willing to hand over cash only to businesses that are already operating at high volumes. If [...]

Spending Freedom: The Truth About Small Business Financing

It's hard to qualify for a traditional small business loan through a bank, and it's even more difficult to get funding through a Small Business Administration (SBA) loan. If you do make it through the 60 - 90-day application process, you still aren't in the clear. Traditional lenders have rules about how you spend the money from the loan, and [...]

Get Funded With Bad Credit: The Truth About Small Business Financing

If you're a small business owner, your need for cash is often greatest in the period before you receive payments. The long-term health of your business may depend on your ability to purchase inventory or essential equipment ahead of time. This seems like such a simple equation … and yet, it can be discouraging to approach banks for a loan [...]

Get Cash Fast: The Truth About Small Business Financing

The process of getting a traditional bank loan for your small business is frustrating. It's nearly impossible to get a banker's attention if you have questions. You are expected to fill out a long, complex application on your own, submit all of the supporting documentation that is required, and then wait. And wait. And wait. If you are lucky, two [...]

Top 3 Reasons Why Filing Your Taxes Late Sucks

If you're late on filing taxes in 2019, there's no need to panic. The Internal Revenue Service (IRS) is very clear on the fees and penalties that you can accrue if you file (or pay) late. Remember, it's always, always better to file for an extension than it is to file late -- and it's always better to file than [...]

The 3 Reasons You Need To Hire A Tax Professional

Your taxes are due on Monday, April 15th this year. Like a lot of Americans, you may be wondering how the new tax laws will affect your financial life, especially if you own a business. For many people, taking the standard deduction is a better option this year. In past years, itemizing may have been a foregone conclusion. The tax [...]