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
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
Small Business Financing Myths How many times have you heard that it’s hard to get small business financing? It’s a common refrain and every entrepreneur
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
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
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
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
If you’ve been thinking of expanding your business, now is the perfect time. A record number of business owners reported that they planned to expand
As a small business, keeping your head above water and planning for growth can be a delicate balance. There’s a certain truth to the saying
Applying for a business loan can be a tense time, and especially if you’re just starting out. If you haven’t had a chance to build a solid credit record, or you have concerns about your current credit file, you may not rate your chances with the bank. And it’s true that many banks and traditional lenders will want to see at least two years of promising business operations or a decent amount of collateral before they will even consider you for an SBA-backed loan, because they see you as too much of a risk.
