Unless your personal assets are quite formidable and your business idea disproportionally modest, chances are that you won’t be able to fund it out of your own pocket. Fortunately, you don’t really have to, seeing as how the vast majority of the business world does this via a loan. Now, speaking of …
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Top Things to Remember When Starting a Business
It is an unfortunate fact that a large amount of start-up business will fail in their first couple of years. Therefore, getting the foundations right from the start is key to the success. Here are a few tips that can help your business get started on the right foot. Business Bank Account It is …
The Future of Small Business Lending: 2018 and Beyond
According to the Thomson Reuters/PayNet Small Business Lending Index, small business lending is on the rise. In fact, in 2017 it rose by more than seven percent compared to 2016. But what does this mean? In the world of business, we often see a rise as a good thing, but in this case, it is far more …
Everything You Need to Know About Getting a Small Business Loan
Sometimes, no matter how successful your small business is, it makes sense to acquire a little extra capital or funds for various improvements, debt payments, and more. One of the more common financing options is to take out a small business loan. It is a remarkably simple and smart financial move …