How to Buy a Vehicle With Business Credit
Having business credit allows you to obtain the financing needed to expand your business, which can increase your profits. Purchasing a vehicle is possible if you have well established business credit...
View ArticleClik here to view.
How to Finance an Insurance Book of Business
If you need funding to purchase a new insurance agency, or expand an existing one, finding appropriate financing sources may be challenging. Perhaps one of the most important factors to commercial...
View ArticleClik here to view.
Business Grants for Divorced Women
A popular myth is that there is plenty of free money--grants--to start your own business, especially if you are a member of a special category such as divorced women. Government grants? Not for...
View ArticleHow to Fund a Sole Proprietorship
Most sole proprietorships are small businesses. By definition, they have a single owner, except for spouses in some states. These types of companies generally have small funding needs that are far too...
View ArticleHow to Finance a Commercial Boat
Financing a commercial boat can be a cumbersome task if you are not armed with the proper information. You need to do your homework and obtain many quotes on interest rates, loan repayment time and...
View ArticleHow to Receive Private Investors Online
If you are starting a business and have been looking for funding through banks or government grants, you know how difficult the process can be. Another source to look at is private investors, sometimes...
View ArticleHow to Finance for Expanding a Daycare Business
It's always good when your business is expanding. However, it's not uncommon to feel overwhelmed when you start considering how to finance an expansion. Fortunately, the considerable market for child...
View ArticleHow to Receive Government Stimulus for Small Business
If you own a small business or have always dreamed of starting one, you need to know about the American Recovery and Reinvestment Act (Recovery Act). The Small Business Administration (SBA) received...
View ArticleClik here to view.
How to Get Investors to Invest in Your Business Idea
Finding willing investors for a new business is never easy--and it has become much more difficult with a shrinking American economy. However, it is still possible to get investments from venture...
View ArticleHow to Get a Business Loan Without a Business Plan
Demonstrating expertise and strength of personal character may make a lender feel secure to approve a business loan without a business plan. Good credit scores, industry knowledge, plus letters from...
View ArticleClik here to view.
How to Calculate Interest Rate on a Compensating Balance & Installment Loan
A compensating balance is an account balance that a bank can use to offset an unpaid loan. Installment loans featuring a compensating balance requirement will have a higher effective interest rate than...
View ArticleHow to Apply for a Farm Loan
According to Agriculture in the Classroom, 49 percent of the American population made a living in the agricultural sector in 1880, but by 1990 less than 3 percent of Americans were working on farms....
View ArticleClik here to view.
What Is Considered a Small Business Loan?
A small business loan is when the government provides a guaranty to banks and lenders for money to lend out to people who need the money.
View ArticleClik here to view.
How to Apply for Handicapped Small Business Loans
Starting a small business is a very difficult task that requires many skills. You need to be organized, have a keen business sense, an eye for marketing and development and the ability to track all...
View ArticleClik here to view.
How to Apply for a Women's Business Loan
According to the National Foundation for Women Business Owners, over 10.1 million firms are owned by women and the Small Business Administration reports that since 1983, women make up 83 percent of the...
View ArticleHow to Process SBA Loans
Processing SBA (Small Business Administration) loans typically requires following steps as prescribed by the federal agency and those components deemed necessary by the bank or credit union who will...
View ArticleAre Line of Credit Notes Payable?
For businesses, keeping track of notes payable is a necessity. Some businesses also have lines of credit. There are a couple of considerations when classifying the line of credit as either non-current...
View ArticleWhat Is a Promissory Note and Security Agreement?
When you borrow money and offer assets to secure the loan, you will be asked to sign a promissory note and security agreement. These documents protect both the lender and borrower by spelling out...
View ArticleClik here to view.
How to Obtain a Business Visa Card Without a Personal Guarantee
One of the hardest parts of establishing a new business is separating the business' credit from the owner's or officers' personal credit. Initially it may be easier or more convenient for business...
View ArticleClik here to view.
How to Get a Farm Loan to Produce Chickens
Although experts watching the chicken industry advise caution, chicken production seems to offer a stable, if not optimistic business for farmers and others who raise chickens. This feeling of optimism...
View ArticleDifference Between a Business Loan & a Consumer Loan
A business loan and consumer loan have two different purposes, and they therefore have different functions, requirements and structures. A business loan is directed toward business purchases while a...
View ArticleClik here to view.
Types of Business Funding
Business funding has become an extremely important issue, and even more so for start-ups and small businesses. When a business receives funding from the wrong source, it can often result in several...
View ArticleClik here to view.
How to Get a Business Loan of $500,000
Obtaining a business loan of $500,000 will allow you to purchase equipment, secure an office space, hire employees and other materials necessary to run your business. Obtaining a business loan of...
View ArticleHow Do I Get a Credit Card Using an EIN?
Using your EIN (Employer Identification Number) to get a credit card for your business is a process almost identical to using your social security number to get a personal credit card. In most areas,...
View ArticleClik here to view.
How to Build Commercial Credit
Sole proprietors just starting out usually depend on their personal-credit histories to prove their creditworthiness to banks. As a company grows, however, establishing a separate business credit...
View ArticleClik here to view.
How to Obtain Women's Minority Business Loans
The primary source of funding assistance to minority and women-owned businesses is the Small Business Administration. The SBA does not provide loans directly to women or minorities. In fact, there are...
View ArticleClik here to view.
How to Increase Your Business Credit Score
A business credit score can negatively affect the ability of a business to get the ideal interest rates that is needed when obtaining credit. A low credit score prevents the best deals. Oftentimes,...
View ArticleWhat Are the Cons of Small-Business Loans?
Small-business loans are often guaranteed by the SBA (Small Business Association), which is part of the federal government. As with any loan program, there are pros and cons of getting a small business...
View ArticleHow to Finance a Steel Building
Steel buildings are prized for their value and relatively quick construction, characteristics that make them an attractive option for businesses that want to open a garage, expand storage space or...
View ArticleClik here to view.
The Best Sources of Loans Under $500,000
It can be difficult to find sources for loans under $500,000 to start a small business. After the collapse of the debt market that began in 2007, banks adopted stringent loan requirements regarding...
View ArticleClik here to view.
The Best Credit Union Savings Accounts in Lansing, Michigan
More people are turning to credit unions to service their financial needs. Credit unions offer many of the same services as banks but at lower costs. Credit unions offer savings accounts at competitive...
View ArticleClik here to view.
Sources of Finance for Entrepreneurs
There are several sources of finance for entrepreneurs looking to get their businesses off the ground, and you should consider some of these alternate sources before you ask friends and family members...
View ArticleClik here to view.
How to Obtain a Business Loan in Florida
Starting a small business or growing an existing business can be an expensive venture. If you live in Florida and wish to develop a business but don't have the financial means, you can obtain a...
View ArticleClik here to view.
How to Set Up a Small Business Bank Account
Opening a small business bank account is relatively simple. You just have to have the right paperwork when you go to the bank and select a bank that meets your needs.
View ArticleClik here to view.
How to Write a Business Proposal for the Bank
A business proposal, also known as a business plan, is necessary when applying for a small business loan at a bank. The proposal should explain what your company does, the experience of management and...
View ArticleSmall Business Loan Requirements
Most small businesses need some type of financing to start their operations or expand current operations. The most popular form of financing is a loan obtained from a bank or credit union. In order to...
View ArticleClik here to view.
Definition of an Intermediate Term Loan
Business owners often struggle with cash-flow issues. An intermediate-term loan can help. These loans can provide business owners with a much-needed supply of cash that they can invest in their...
View ArticleClik here to view.
How to Make Money from Referals
Making money from referals is a very profitable business. Learn the tips and pointers that have helped others succeed.
View ArticleBusiness Plans to Get Bank Financing
A business plan is required by anyone who is serious about starting, expanding or improving a business. A business plan is designed to provide an overview of exactly where your business currently...
View ArticleHow to Get a Small Business Expansion Loan
Business is good, but it could be better if you had a bigger space, a larger advertising budget or more employees. It is time to explore the idea of an expansion loan. Expansion loans differ from...
View ArticleHow to Qualify for a Small Business Line of Credit
Money is the oil that runs small business. Without it, the economic engine will break down. Securing a credit line without a clear plan for repayment will cause your engine to seize up and leave you...
View ArticleClik here to view.
How to Get Business Credit, No Personal Guarantees, No Questions Asked (Part 1)
The Business Credit System is a maze that requires you to navigate your way through to success. In this 5 part series you will learn how to master the system and never be without access to credit or...
View ArticleClik here to view.
How to Find Investors for Real Estate
Finding cash, whether your own or from other investors, is the biggest obstacle to developing a real estate investment business. Though new investors have invariably heard about no-money-down deals,...
View ArticleHow to Raise Capital Privately
Raising capital privately can be done several ways. Contacting a wealthy relative may be an obvious choice for some. But for the rest of society, the task make take some research. Many people turn to...
View ArticleHow to Get a Small Business Loan Grant
Individuals starting a business or needing supplies for their business may consider loans. However, seeking out specialized 'grant loans' may be a better option. Doing so may help individuals save...
View ArticleSBA 504 Loan Requirements
A Small Business Association (SBA) 504 loan is intended to help you expand your small business. A 504 loan can help you obtain fixed loans for land, buildings and equipment, and offers rates and terms...
View ArticleHow to Finance Carpet Cleaning Equipment
Every business needs equipment to operate, and finding financing for that equipment is a critical first step in starting a business. Carpet cleaning equipment can range in price from several thousand...
View ArticleClik here to view.
How to Apply for a Free Government Grant Online
Government grants are a great way to help fund a variety of needs that you may come across such as college grants, business grants, or personal grants.There are a few steps that you need to take before...
View ArticleHow to get your business loan approved (with bank or SBA)
Getting your business loan approved (through bank or SBA) is an important part of start up that every potential entrepreneur faces in the initial stages. Many times, it is a difficult process because...
View ArticleDisadvantages of Small Business Loans
Many prospective business owners do not have enough money to start a company on their own, so they apply for small business loans. If small business owners use the money efficiently and properly, a...
View Article