What is Asset-Based Lending?

Asset-based lending is a loan process that uses a business's existing assets as collateral. This type of lending can provide your company with the credit and flexibility needed to address your goals. Should Your Business Get an Asset-Based Loan? Asset-based loans...

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Understanding the Requirements for Business Lines of Credit

It’s normal for businesses to borrow money as they grow their operation. While traditional business loans are the most common and most popular option, they’re not the only type of financing you have access to. Business lines of credit...

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Understanding Hard Money Loans

Finding the perfect fixer-upper is a dream for lots of people, but what happens if you find it before you have the financing to purchase it? For many people, hard money loans are the obvious choice. This type of...

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The Basics of SBA Loans

The Small Business Administration joins with financial institutions to offer low-cost government-backed business loans. SBA loans can be challenging to get, and the application process is sometimes time-consuming. However, for most business owners, the effort is worth gaining access to...

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Purchase Order Financing Benefits

Many companies strive for growth, especially in the early stages when they are getting established in their chosen industry. It can be difficult for some businesses when the opportunities arise for large jobs, but the necessary funding to complete...

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Is Equipment Leasing Right for Your Business?

It can be difficult as a new business owner to apply for a bank loan, especially if you do not have a business credit history. Equipment leasing is an excellent option to help you obtain the necessary equipment, vehicles or...

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Benefits of Equipment Financing

Businesses may occasionally find themselves in need of new equipment yet lack the funds to make the purchase. There are different loan options available, including equipment financing, which can be a great way for a company to get whatever...

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3 Tips To Help New Business Owners Manage Their Accounting Processes

One of the biggest challenges business owners face is managing their books and records each month. Accounting can be tough, but it’s essential if you want your company to be successful. If you’re not quite sure where to start,...

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3 Steps to a Better SWOT Analysis

Successful companies regularly analyze their internal processes and the context in which they operate. They know that this is vital to improving their performance. One of the most effective ways of conducting this assessment is to use a SWOT...

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3 Reasons To Consider Selective Accounts Receivable Financing

Tracking expected incoming payments is an important task that should be performed in every company. Businesses may find that they do not have the time, resources or ability to wait for customers to pay invoices. If that happens, then...

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