What to Do When A Business Is Denied a Bank Loan
It can be difficult to stomach if your business needs funds but is denied a traditional lender loan. Fortunately, you have options. There are many alternative types of financing available. Take a look at these options if you were denied a loan: SBA Loans SBA loans are designed for small businesses to obtain financing even…
How To Improve A Practice With Working Capital
You are always looking for ways to provide the best care to your patients and improve your medical practice as a whole. To achieve these goals, you have to embrace the business owner mindset. Determining just what your practice needs to thrive is how you can set yourself up for true growth. Whether you want…
What You Need to Know About Accounts Receivable Financing
It’s quite common for companies that work with commercial clients to allow them to pay their invoices in 30 to 60 days. The downside to this is that not all companies have the cash reserves to wait that long for payments. But that’s where accounts receivable financing comes in. If you want to understand how…
When Should You Consider Expanding Your Business?
Growing your business can be daunting, but if there are signs indicating that you are ready, it might be time to go for it! So how do you know when you should consider expanding your business? Bursting at the Seams If you’re regularly running out of inventory, constantly have customers waiting for tables, or are…
Why Did My Business Loan Get Rejected?
Picture this, you have the interior designer hired, furniture purchased, blueprints created, and then, your business loan gets rejected! This is a nightmare scenario for any small business owner. You have an entire layout planned, but the most important part of the final picture is missing. How did this happen? Keep reading to find out…
What Is A Business Line Of Credit?
A business line of credit is a form of small business loan which provides your organization with the sort of flexibility that standard loans simply do not offer. When you have a business line of credit, this allows you to borrow up to a certain amount – for example, $100,000 – and you’ll only pay…