Articles Written By Madison Taylor
You may have heard of CDFI loans, but you may not know what they are or how they can benefit your business. So, what is a CDFI loan? It is offered by Community Development Finance Institutions or CDFIs. They serve about 84% of low-income earning individuals, so the loans act as capital for existing businesses. ...
If you own a business, it is crucial to have good credit. You need good credit to take out loans and work with other businesses. Additionally, you should try to only work with companies and vendors with good credit. As a result, you must know how to run a business credit check. Before you start...
Receivable financing is when a business receives funding based on its invoices. It is a tool used by many companies to help them survive dry periods between payments. Receivable financing is essential because not all clients pay immediately upon the completion of services. Some only pay on a set schedule, and as a result, you...
Launching and operating a business is no easy task. The main reason businesses fail is due to a lack of funding or available capital. Financial strain can also contribute to burnout, driving many entrepreneurs out of the market. However, many business owners are unfamiliar with available financing resources that can save their organizations in moments...
Shifting to solar energy can be a great environmentally-friendly investment for your business. It can lead to benefits such as significant tax credits and opportunities to reduce costs. Since solar energy is eco-friendly, it’ll serve to attract workers and clients. However, even with such benefits, solar energy isn’t suitable for every small business. So, how...
If you’re an LGBT business owner – or aspiring business owner – looking to take your entrepreneurship to the next level, read on. This article will cover the steps for registering as a certified LGBTQIA business. There’s been a strong push in recent years to expand diversity and inclusion in businesses, educational facilities, and government...
Whether you’re opening a bar or need support keeping the lights on during a slow period, many financing options are available for small businesses. Why You Might Need Bar Financing Financing can help you pay for all aspects of running a new bar, including: Types of Bar Loans There are a few different kinds of...
Most entrepreneurs form partnerships when running their businesses mainly to act as leverage in the long-term thriving of the business. A partnership allows them to share profits, liabilities, and management operations. However, in due time, these partnerships may likely run their course due to the need to venture on sole business ownership, financial constraints, or...
Finding the correct franchise financing is integral to securing a loan for your business. Whether you’re pursuing a conventional or business loan, the options available to owners are vast. Lenders provide all these types of loans, making it easier to find a finance option that works best with your needs and ambitions. We discuss seven...
When starting your own business, you likely need a platform and a loan to jumpstart your path. Plenty of companies offer loan services, but selling on Amazon provides you a place to sell and a chance to earn loans on the same platform. It’s crucial to do your research on something as life-changing as taking...