There are several reasons why your business may be classified as a high-risk business. When you, the owner of the business, has a bad credit score, your business will be seen as high-risk. Other reasons include the nature of the business, being in a volatile industry, and the risks faced by the …
Loans Articles and Interviews (tag)
5 Things First-time Entrepreneurs Need to Know About Startup Finances
In theory, a sustainable business is one that makes more money than it spends. The problem with this oversimplified view lies in the fact that it assumes that you start from zero. This is not the case with most startups that have to get in debt to even launch. Aside from this, the ways in which you …
What You Need to Know Before You Cosign a Loan
The desire to help others is very strong in a lot of people. This is particularly true when those others are family members. While it’s true one of the earliest lessons many of us get is family comes first; how far is that supposed to go? Should you really be expected to put your financial future on …
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 …
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 …
4 Ways to Keep a Small Business Going Strong
There are countless ways to sink a business. Some of them are quite creative. But most are of the mundane variety. There are more ways to weaken and destroy a small business than there are ways to keep one going strong. Sometimes the key to keeping a business strong is to be familiar enough with …
