Category: Finance
Understanding Personal Guarantees
Most small business owners should expect to sign a personal guarantee when they apply for loan. Here's what you need to know about how it works.
What You Need to Know About Invoice Factoring
Although factoring is not a loan, it’s a popular way for small businesses to access short-term capital to fuel growth and other initiatives. Here’s what you need to know about how [...]
Small Business Loan Terms: What You Need to Know
Most businesses think of a term loan when they think of small business financing. If you’ve ever had a car loan or a home mortgage, you’ve had at least one type of term loan. The [...]
Small Business Loans Online: What You Need to Know
There are more small business loan options available than ever before. What do you need to know about a small business loan online to make sure it's right for your business?
Explaining Secured and Unsecured Business Loans
An unsecured small business loan is a loan that requires no collateral but rather is based solely upon the creditworthiness of the small business borrower. While an unsecured small [...]
Inventory Loans: What You Need to Know
Many businesses use financing to purchase inventory (salable goods) for their business. This is particularly true when opportunities arise to purchase quick-turnaround inventory [...]