POSTS TAGGED : business loans

8 Alternative Lending Options for Small Businesses

Finding capital for your company when the banks and other traditional lenders have all turned you down isn’t as tough as it was 10 years ago. There are a number of options to consider and what you decide to go with will depend heavily on your company’s current financial situation and future forecast.

Lending options for small business

Factors like credit worthiness, company assets, future earnings, inventory, your own personal assets and savings, and the amount of credit currently available to you are all important things to consider when deciding on what option to choose.

Alternative small business lending options

Here’s 8 common alternative lending options a small business should consider when the banks won’t touch you:

1.

…Continue reading →

Fundraising Rules That Small Business Owners Should Respect

Every single entrepreneur out there knows that there is a huge competition to get the money that investors have available. Fundraising is difficult, especially when you do not have experience and you do not know what to do. The common options like taking unsecured personal business loans from sites lenders like Lanemaklaren are great for smaller firms and for some people but on the long run, you have to learn how to get funding from investors.

Raising capital

If you want to drastically increase the possibility of convincing investors to give you their money, you want to follow many rules, practice and work very hard.…

Continue reading →

What Are Merchant Cash Advance “Double Fees”- and How Can You Avoid Them?

If your company does a considerable amount of its business in credit card and debit card sales, the chances are that you’ve already heard about merchant cash advances. If you aren’t familiar with MCAs, though, they are in essence a type of loan available exclusively to businesses (usually merchants or vendors) that accept credit or debit cards.

Merchant cash advance

These types of loans are especially common for restaurants and retail stores. If such a business had a major expense they had to cover—whether for new equipment, inventory, or the like—they could apply for an MCA instead of a traditional bank loan. If approved, the MCA would be delivered in a lump sum amount, same as a traditional loan.…

Continue reading →

4 Advantages of Getting a Secured Personal Loan to Fund Business

Thinking about starting a business? Making the shift from being just an employee to an employer requires a lot of guts, dedication, and most of all money. Few can afford starting a business from their own savings, as starting one requires lots of cash to buy properties, equipment, supplies, and to hire employees.

Secured personal loan

But with the wide availability of loans, starting your dream business is made easier today. Unfortunately, with loans comes the expense of paying an interest. Now, no one would offer you loans without giving it an interest, but you may be able to get the lowest rate with the help of secured personal loans.…

Continue reading →