As small business owners, us at REIL are sure that one of your goals is to grow your business. Unfortunately, many small businesses rush into expansion without a plan. Is it worth risking everything to rush the process? Research suggests owners answered with a resounding no. Take things slowly. Develop a plan and avoid the […]
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If you’re a small business owner looking to take out a loan, you may be disappointed by the initial offers on the table. However, sometimes taking on a more expensive loan is necessary to grow your business. The loans you qualify for now can eventually lead to larger and less expensive loans in the future. […]
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A revolving line of credit is a type of financial arrangement that allows you to borrow money as needed up to a pre-approved limit. Unlike a traditional loan, a business line of credit lets you draw funds from the credit line multiple times without having to reapply for a loan each time. This flexibility can be […]
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