What to do When the Banks Say No to Your Business Loan
It may seem odd that a bank would reject a small business for a loan, especially if that business has been successful and is looking to grow. Companies new and old often face this rejection, and it may feel like a death toll. But understanding why an application was...
Lease or Own: Which is Right for Your Business?
The decision to lease or own the location a business is located in is one of the most important that many small businesses experience as they grow. There is a myriad of factors that can cause confusion in addition to the legal and financial aspects of the decision.
The 5 Main Reasons Banks Turn Down Small Business Owners for Loans
You were counting on that small business loan to help your business grow, but the bank said “no.” If it makes you feel any better, you’re not alone. Over the last couple of years, large banks have been reducing the amount of loans that they’re issuing to...
Leasing vs. Buying Business Equipment
Does it make more sense to lease business equipment or buy business equipment? You may be thinking about upgrading that outdated processing equipment and getting a new machine that’s better and faster. Perhaps you even see your backlog increasing again and you’re...