Top Financing Options for Startup Entrepreneurs Unsecured Business Lines of Credit and NO PG Business Credit Cards - good for short term expenses and revenue generating activities (e.g. marketing and advertising). Microloans/Microfinancing - good for long term expenses and revenue generating activities (e.g. payroll). Equipment Financing - good for businesses that … [Read more...] about Top Business Financing Options for Startup Entrepreneurs
In recent years, around 35 percent of Americans have taken on a new loan. Americans have easier access to credit than ever. If you have a small business or you’re thinking about starting one, then you may be looking at your financing options. A loan might be the right choice. Now the question is, what kind of loan do you need? There are several different kinds of loan … [Read more...] about What Is a Term Loan and When Should You Get One?
Starting and running a profitable business is tough. Each year, more than 20% of businesses fail before making it through their first twelve months of operation. While making a business work isn't easy, it is possible — if you're willing to put in the work. But to make a business work, you need cash. Finding the money to get your new venture up and rolling is usually one of the … [Read more...] about How to Get a Business Loan With Bad Credit: A Quick Guide for Entrepreneurs
Sometimes disruption opens the door to innovation. This was proven in the global financial services industry over the years since the Great Recession. Fueled by consumer-centric innovation and overflowing capital investment, the financial technology boom continues to show no signs of weakening. According to our friends at Fortunly, venture capitalist–funded startups … [Read more...] about 11 Tips on Pitching Your Fintech Business to Angel Investors
From a technical perspective, franchising is merely a marketing maneuver that can be used to expand an established company and/or, to generate additional working capital. At its bare bone basics, franchising is a business arrangement between an existing company (i.e., the ‘franchisor’ or ‘licensor’) and its new business colleague (you — the ‘franchisee’ or the ‘licensee’) that … [Read more...] about Franchise Business Financing Options: Startup & Working Capital