There is an influential common denominator in operating a business that is seasonal, and those that deal with long billing cycles, big invoices, or large purchase orders. That commonality is the inconvenient waiting period between service completion or product delivery, and payment from your customer. Day in and day out, businesses are facing longer and […]
Applying for a small business loan, whether through a lender or the SBA, it can be intimidating for small business owners. There is always a question of “will I qualify?†Luckily, lenders look at far more than just a credit score or how much money you have in the bank. They pay attention to how […]
Knowledge is the real power when you want to pick the right financing option for your small business. Knowing a few things here and there helps you make smart choices when comparing different loans. If you know the most common terms used in the finance industry, you can also get something better than usual while […]
Every entrepreneur should aim for establishing business credit and if you don’t know what the term means, stay with us till the end. Here’s the information you need to know about the most important element of the small business loan application. What’s Business Credit? It represents a business’s ability to buy goods or resources now […]