Strategic Small Business Trends.

Almost 10 years ago, the approval rate for business loan applications was less than 10%. Today, the approval rate is significantly higher, at just over 25%. Even though businesses borrow about $600 billion every year, there are many businesses that can't get approved...

Your business is taking off, so you decide to seek preapproval for a loan to launch a new location. You’re unconcerned with the result because you know you have excellent credit. Yet, to your surprise, the request is denied.   How can this be? When you scan the letter...

As a business owner, when your clients take longer to pay you than expected, your business can quickly start worrying about financial problems. Not only can you struggle about how to pay employees, but paying your rent, utilities, and other operating expenses can...

Waiting for employers to pay staffing agency invoices can hold up business operations, especially for agencies that are trying to expand quickly. What if an employer expects 90 days to pay, but your agency needs the money now? This is where invoice factoring comes in....

If you own a construction business, you know how crucial high-quality equipment is to your success. Sometimes, obtaining the equipment you need can be a challenge, especially when it comes to financing. Read on to learn eight reasons why getting a quick equipment loan...

You decided to purchase a rundown home to fix and flip it. You and your spouse are entering the fix-and-flip business as partners. The house will need many repairs, including plumbing and wiring replacements. The project is going well for the first few weeks. As time...

Microsoft, Apple, Amazon. All of the biggest businesses in the world started out as small businesses. How did they become so big? They grew. Making a small business grow isn't easy. It takes time, hard work, but above all it takes money. Read on as we take a look at...

You own a manufacturing plant that manufactures computer chips. However, your current equipment is old and outdated. Your maintenance department is spending more money on repairs and upgrades.  The new parts are placing more stress on the old ones, causing the older...

You started a bakery business, but you need more equipment. You apply for a bank loan, but the rep denies your application. You opt for loan companies, but they also reject your application. You become frustrated as you keep applying for loans, ruining your credit in...

In the United States, more than 1 million small businesses open each year.  These businesses cover the entire spectrum from restaurants to professional services. One thing that they all need is operating capital. You may have heard of factoring loans as a means by...

In the land of the free, one thing's for sure. There will always be building opportunities for contractors who like to hustle. If your dream is to start a small construction business, then there are a number of ways to turn your 3-D designs into reality. One of the...

Does your company need a $10000 cash advance to keep it going, or to help it get to the next level? Whether you're facing hard times and need a quick cash injection, or you need to buy equipment to take your company to the next level, how do you get a cash advance? In...

Nothing gets your blood pumping more than acquiring something big. We’re not talking about a new pair of shoes or even a house. A business acquisition can bring both excitement and fear into a person’s heart.  You cannot purchase a business, typically, with the cash...

Anyone who has owned a small business or dreamt of one day being a successful entrepreneur knows it comes hand in hand with stress and worries about how to finance the day-to-day financial needs for business operations. What you may not know is there are a variety of...

How much value is there in your balance sheet? It's an interesting question because many business owners don't actually know the answer to it. Yes, you can look at the bottom line and see a number that shows you how much equity you have. But do you know how to...

You own a carpet-cleaning company and cannot keep up with payroll. To make matters worse, the time has come to invest in new equipment and cleaning supplies. The investment in new machinery cannot wait, as your competitors have already purchased new equipment. You...

Each year, 627,000 new businesses start-up in the United States alone. And if you're one of them, you may be wondering how to secure a startup business line of credit. Many online business loan companies, as well as the traditional versions at banks and credit unions,...

Including education, equipment, infrastructure, land, operating, and startup costs, entering the agriculture industry might cost an individual as much as $5,157,500. That's just to get started. After those costs, the costs associated with maintaining and upgrading...

Many small business owners run into cash flow problems that drain their working capital. Even the most successful small business owners still have to contend with seasonality, supply chain issues, and unforeseen issues that disrupt their business and cause their cash...

The Unsecured Business Line of Credit Explained: The debt financing options can often be very limited for small businesses that are just starting. Conventional loan terms for businesses that have little or no credit history and no collateral can be pretty harsh. Banks...

As a business owner, it can be hard to execute your business plan to grow your company and fill your bank account. You need capital to reinvest in your business and cover unexpected expenses. You can build working capital over time, but most small businesses operate...

If there's one business where you need to provide an environment as beautiful as the hair, skincare, or styling you provide your customers its when you own a salon. Almost no customer will go to a salon that doesn't have the ambiance or pleasing aesthetics they need....