Movies and TV shows always seem to depict people who loan cash to small business owners as thugs or mobsters. Loans like these are also considered high in interest and come with dire consequences if the loan isn’t paid back in a timely manner. (Morris Kessler anyone)?...
A good business owner knows just how valuable their employees are; organizations of any size are proven to perform better and deliver higher rates of customer satisfaction if the employees are satisfied in their roles. Keeping employees happy isn’t rocket science; you...
Secured loans require collateral to “secure” them, meaning if the borrower doesn’t make timely payments to pay back the loan, the lender can go after the collateral to recoup their money. For many business owners, the thought of putting their personal home or vehicle...
It may come as a surprise, but your personal credit score is one of the most important factors that lenders consider when reviewing your application for a small business loan. Yes, you heard that right! When applying for a business loan to grow your business or make...
Working differently from a traditional business loan, a business line of credit operates sort of like a credit card – you have a set amount of funds you have access to, but you can use those funds at any time and interest charges only start once you actually borrow...
