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Business loans, its advantages and disadvantages

September 12, 2017in Chris, StartupBy chris

The Advantages and Disadvantages of Business Loans for Startups

Let me be real up front with you…. A true business loan from a traditional bank for your startup will NEVER, please let me repeat even louder, NEVER happen. NEVER! So put your delusional mind aside. Banks are not in the business of betting on long shots… of any kind. Even if you think you...

September 1, 2017in StartupBy dean

Hopes and Dreams: How to Achieve Financing for Your Startup

For many people, building and running their own business is a dream they want to achieve. Most people would love to stop working for ‘the Man’ and become their own boss and work on their own schedule. Some people have worked in a career or trade skill for so long that their experience reveals niches...

The wide variety of small business loans

August 14, 2017in BusinessBy dean

16 Different Types of Small Business Loans

Accounts Receivable Factoring Factoring is a type of business lending in which a business sells its accounts receivables, or invoices, to a financial company, also known as a factor. Factoring is also known as accounts receivable financing. Here’s how it works: the business assigns certain accounts receivables or invoices to the financial company or factor. ...