SMALL BUSINESS BLOG

Secured vs Unsecured Business Loans Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email In the finance world, there are two ways to lend money: secured vs unsecured business loans. This is also referred to as collateralized vs uncollateralized funding.  Secured vs unsecured business loans simplified: If a loan […]

Back to School Business Funding Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email Kids and teens aren’t the only ones with back to school needs, business owners are searching for back to school business funding, too.Back to school business funding is a loose term that refers to the […]

How to Get a Business Loan With Bad Credit Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email If you have a less than perfect credit score you are not alone. The Small Business Association cited a recent report showing that of all of the business owners seeking funding, 63% of them targeted banks. […]

Will Your Business Survive the COVID Closures? 5 Ways to Set Yourself Up for Success Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email No matter how successful your business was before the COVID-19 crisis, many business owners are struggling to adapt to this new world and the realities […]

How To Prepare Your Business For the Coronavirus (COVID-19) Pandemic Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email With the global spread of the new coronavirus, COVID-19, many small business owners and managers are wondering what they can do to keep their employees, clients, and themselves safe from […]

How Does The Prime Rate Change Affect Small Business? Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email It’s official, the Fed recently lowered the prime rate, and many are wondering: how does the prime rate change affect small business? It seems like every financial act impacts small businesses […]

Renegotiate Your Business Lease Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email In the wake of the COVID-19 pandemic, many business owners are searching for ways to save on their expenses. Renegotiate Your Business Lease or getting a rent abatement are some options, cutting back on inventory, automating […]

What Is Debt Service Coverage Ratio How To Calculate DSCR Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email Looking to take on debt to finance your business’s growth goals? Calculating your business’s Debt Service Coverage Ratio (DSCR) can help you calculate how much debt, and at what interest […]

Why Minorities Have A Harder Time Finding Funding Share on facebook Share on twitter Share on linkedin Share on whatsapp Share on email When looking at the demographics of business loans for minorities, there is a noticeable gap between approval rates for non-minority business owners and minority business owners. Minority owned businesses have a harder […]