Types of Unsecured Business Lines of Credit

Types of Unsecured Business Lines of Credit

As business owners, you continuously look for ways to expand your businesses. Therefore, it will be helpful to explore flexible financing options that will assist you in accessing your finances conveniently. Unsecured and Secured business lines of credit There are two types of business lines of credit you can use. One is the secured type, which relies on collateral such as equipment or real estate, and the unsecured one, which more »

Types of Business Loans for Bad Credit

Types of Business Loans for Bad Credit

Applying for a loan can be challenging, especially for those who have bad credit. However, there are still plenty of ways to secure business loans for bad credit. There are lenders that specialize in providing business owners with poor credit with loans.  They are called sub prime lenders and the loans they provide have an easy approval process. So, even business owners with poor credit can be approved. For starters, more »

What Every Entrepreneur Should Know Before Starting A Business

Starting a business involves a lot of planning and dedication. Start up business financing can be difficult to secure if you’re not prepared to pitch your ideas to the right people. But securing financing is just one step (yes, a very important one) on the road to becoming a successful business owner. 1. Asking for help is a good thing! Too many small business owners or would-be small business owners more »

Why your personal credit is so important to your business loan lender

Banks, along with equipment funding lenders, use the following to assess loan applications: Income Credit Capability Security. But while banks look at little-to-medium size businesses from a Fortune 500 view, applicants are seen by equipment funding businesses from a small business outlook, a more “common sense” approach to financing. First thing we look at is how  you pay your bills.  As a small equipment financing business.  We work with a more »

Alternative Lending Option: Equipment Financing

Alternative Lending Method: Equipment Financing Did you know one of the best alternative lending methods is equipment financing?  With many banks shrinking away from lending to businesses.  Equipment financing companies are still eagerly working with business owners to help them obtain the financing they need to obtain the equipment they need to function. Whether you are a well established business, or a start-up business, there are equipment financing companies that more »