Business Financing

Easy Financing: Fueling the Growth of Businesswomen

Aspiring female entrepreneurs often find ways to put their plans into action. While they might have a sound business plan, taking the first step is what makes them apprehensive. At the same time, getting finances arranged is another grey area. In today's times when there are relatively high chances of getting a business loan application rejected, getting unsecured business … [Read more...]

Self-Financing Your Startup: Understanding the Credit Risks

Most entrepreneurs get their enterprises off the ground by financing them with personal funds. Although this is a tried-and-true method, what's not quite as widely known is how it might impact your credit rating. Starting a new business is exciting but also intimidating, especially when it comes to finances. Finding the right mix of capital requires educating yourself on the … [Read more...]

4 Obstacles Businesses Face When Trying to Manage Their Finances

Offering a quality product or service is only one component of running a successful business. You also need an understanding of how to market that idea, get it to your customers, and make sure that your pricing model runs in step with your financial demands. While keeping your business afloat may seem like an arduous task, it’s a surmountable one. The following four obstacles … [Read more...]

4 Stepping Stones to Dazzling Startup Success

Startups do not have it easy these days. It is estimated that 90% of all new startups fail and only the selected few ever reach the dizzying heights foretold. Even those that survive the crucial initial period are often strapped for cash and struggle to reach clients. Well, many entrepreneurs have been there and done that. They have plenty of actionable tips for you and one of … [Read more...]

5 Reasons to Consider AltFi for Small Business Financing

Even though the economy is showing signs of growth, many in the small and medium enterprise (SME) sector have yet to see things come into fruition. Often termed as the backbone of the economy, the SME sector needs quick and easy access to financing that traditional financial institutions may not be able to offer due to a variety of reasons. Thus, there has been a noticeable … [Read more...]

Useful Tips for Getting Your Small Business Back On Its Feet

Small businesses usually don't have enough money to survive through a bad year, so owners have to make careful decisions on how to cut the costs and increase the revenue. Whether it's tough competition, financial obstacles, or being unprepared for rapid growth of business, there are a lot of reasons why many companies end up in debt within five years. So, should you panic? The … [Read more...]

3 Ways to Get Capital in an Industry Downturn

When an economy lags, even established industries are affected. Economists have noted a widespread downturn among conventional industries, leaving scores of businesses in need of capital in order to keep going. Frequently, this happens to established businesses – for example, the oil industry. In April, the New York Times reported that 2016 marks the steepest oil downturn … [Read more...]

Tips for Purchasing an Existing Small Business

Starting a new business from scratch can seem overwhelming. That’s why you may be considering buying an existing business and then giving it your own personal stamp. There are definite advantages to buying an existing business. In most cases, you are buying an established brand, an existing inventory and a customer base. These intangible assets can make your start-up less … [Read more...]

3 Questions to Ask Yourself Before Expanding Your Business

I have an aunt who owns a very successful bakery. In fact, her cookies, donuts, and other sugary treats are so sought after, she now supplies to more than 20 wholesale customers (and turns down many others on a regular basis) in addition to taking care of the retail side of her business. Because of this, many have prompted her to expand, almost pleading with her to open up … [Read more...]