Working with Lenders Archives | SmallBizClub

How to Obtain Financing for Your Small Business

John England — Thu, 04 Jan 2024 05:20:16 +0000

Navigating the world of financing for a small business can be challenging. For business owners seeking to grow and expand, understanding how to secure the right financial support is crucial. With various funding options available, it’s essential to make an informed choice that aligns with your business’s needs and goals. This guide offers insights into…

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5 Benefits of Leasing Your Business Equipment

Lending Tree — Tue, 29 Aug 2023 08:28:07 +0000

Purchasing equipment for a business is usually a large and expensive task. In fact, 79% of U.S. companies need to use financing when acquiring business equipment, according to the Equipment Leasing and Finance Association. But loans and business lines of credit aren’t your only option. For many small businesses, leasing equipment is a cost-effective alternative.…

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5 Lending Solutions for Your Small Business in 2023

Becky Wilson — Sun, 05 Feb 2023 21:10:39 +0000

Lending is a financial term that describes a situation where a lender provides money, properties, or assets to an individual or business on credit to be paid for or paid back later and is usually used within the context of loans. For small businesses, there is always a need for capital boosts, and at times…

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What You Should Know About Payday Loans in Canada

Kelly Reed — Mon, 26 Dec 2022 18:26:00 +0000

Payday loans or cash advances are short-term loans offered by lenders and financial institutions at usury rates. These loans are different from student loans and other loan types. They are called so because these loans are borrowed on post-dated checks or withdrawal authorization, allowing lenders to automatically deduct from the lender’s checking account on the…

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Should You Use a Microloan to Fund Your Small Business?

Lending Tree — Thu, 15 Dec 2022 05:50:06 +0000

It’s not uncommon for new entrepreneurs to struggle with business finances, as untested companies are riskier bets for risk-averse lenders. Creative funding solutions, like crowdsourcing, can help you avoid dipping into any personal savings to help get your business started, but a small microloan is another option to jump-start your company. What is a microloan?…

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3 Alternatives to Conventional Loans for Real Estate Investments

Russell Barneson — Mon, 28 Nov 2022 11:06:28 +0000

Choosing the best way to finance your real estate deals can make or break your bottom line. Selecting the best option can save you thousands of dollars a year and potentially hundreds of thousands over the duration of a loan. Depending on what type of project you are doing will play a part in determining…

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3 Types of Loans You Can Get in Case of an Emergency

Kelly Reed — Fri, 26 Aug 2022 11:27:55 +0000

It is a good idea to save up for a rainy day, but sometimes the savings dry up, and you need more cash. While you should generally have enough savings to cover yourself for six months, you cannot know what kind of emergency may befall you and how much you should have saved. If you…

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