Category: Business Credit

Looking to buy supplies or products, but don’t have the money to do so? Inventory financing is just one of the many business financing options to consider. You may assume that because your business is fairly new or you don’t have stellar credit that you don’t qualify for any type of loan. But in fact, you may qualify for secured loans using collateral. There are two types of loans: secured and unsecured. If you have great credit, you can get… Read More

A secured card lets a business owner with bad credit or no credit history build credit by demonstrating responsibility and timely monthly payments. Unlike a prepaid card or  a debit card, secured credit card usage is reported to the major credit bureaus, which may help build good credit.  However, it’s worth noting that there are very few secured business credit cards. Most secured cards are offered to consumers, not businesses.  When Should You Get A Secured Credit Card?   All together,… Read More

Knowing how much your business is worth is not only for massive corporations — small business owners can benefit from this knowledge too. Your business’s valuation can help you to create more accurate and effective goals and is essential if you’re looking to sell your business.  In this article, learn how to value a business, when you should find out your business’s value, and how to improve your valuation. How to Value a Small Business While you may be pleased… Read More

Funding Challenges That Women Entrepreneurs Face Women face inordinate challenges and find themselves behind their male counterparts when it comes to business ownership and funding. While there are many incredibly successful women entrepreneurs, women remain underrepresented at receiving the necessary capital to build and scale their businesses.  Business owners already struggle to qualify for business loans or other forms of financing as they try to build business credit and their actual businesses, however women business owners are at the top… Read More

When you need funding to launch your startup or pilot an existing business through the next phase of growth, loans are an obvious choice. But not every business can qualify for a small business loan. Crowdfunding can be an option worth considering.  How does crowdfunding work for business? What is crowdfunding? In a nutshell, it means raising capital to fund a business venture from a pool of individuals or groups of investors. Crowdfunding essentially connects business owners who need money… Read More

As a business owner, choosing the right company name is one of the most important items on your to-do list when you launch a new business. It’s right up there with opening a business bank account, setting up a company website, and establishing business credit.  When you use a company name that doesn’t match the legal name on your tax returns, you’re using what’s known as an assumed business name or DBA. Read on to learn more about how assumed… Read More