Loans and Grants

badcredit

How Can I Get a Business Loan If My Credit Is Terrible?

The first thing you should know is that even if you are certain that your credit is poor, it is still possible to get financing. It’s not easy, but it is possible. There are options, but bad credit loans are high risk; you probably wouldn’t take them under different circumstances. In this article, I’ll cover:...

By Angelique O'Rourke | Shares

bankloan

10 Things the Bank Will Ask When You Need a Business Loan

That bank loan you want for your company? Well, the bank is going to want a lot before they give it to you. Do you find this daunting? Me too. I was really disappointed when I needed my company’s first commercial bank loan to finance receivables of more than $1 million—from well-known distributors no less—and we...

By Tim Berry | Shares

Bank Loan Hurdles

3 Hurdles to Getting a Bank Loan and How to Overcome Them

The percentage of total bank business loans that go to small businesses is in a steady decline, from over 50% in 1995, to under 30% in 2012. While it is harder than ever for small businesses to get a bank loan, it’s not impossible. Here are three of the primary hurdles you will encounter when...

By Marc Prosser | Shares

The General Small Business Loan - 7(a) - Image by Ben Patterson for Bplans

The Complete Guide to SBA Loans

What is an SBA loan? The U.S. Small Business Administration was created in 1953 to help Americans start, build, and grow their businesses. As an independent agency of the government, the SBA partners with both public and private organizations to deliver its services, including loans. An SBA Loan is not a direct loan from the...

By Candice Landau | Shares

For lenders, it's not this simple.

Lenders Face Serious Issues in Taking Bitcoin as Collateral

Despite the recent turmoil in the bitcoin market, this cryptocurrency remains, at the moment, a viable medium of exchange that may be on the rise again. For example, the satellite TV company Dish Network announced in late May that by September, it will become the largest company yet to accept payment in bitcoin through the payment processor Coinbase....

By Lew Koflowitz | Shares

Funding for Growth

How to Get Funding from Billionaire Investor Mark Cuban, and Other Stories

Let’s be honest, when it comes to funding, it’s never as straightforward as business advisors, lenders, backers, and investors might have you think. And, if you’re a small business, it’s unlikely you can afford to pay someone to do all the legal research and nit-picky stuff that the big boys can. You have to get...

By Candice Landau | Shares

lineofcredit

Don’t Run out of Cash: Get Help with a Business Line of Credit

What is a credit line, anyway? Every small business experiences cash flow challenges. Since cash flow fluctuations are a natural part of doing business, rather than trying to avoid them, an alternative approach would be to actively manage your cash flow. In this article, we will discuss an important tool for cash flow management—the line of...

By Tomer Michaeli | Shares

4 ways to secure funding for your startup

How to Secure Funding for Your Startup (with INFOGRAPHIC)

Why do so many businesses fail? According to a recent Forbes article, at the surface level, they simply run out of cash. It’s easy to get things wrong when you’re starting out and the article points out that 8 out of every 10 businesses fail within the first 18 months.

By Candice Landau | Shares

Load more articles