Ask any business owner: securing funding for your business is, in itself, a full-time job that can be a difficult and frustrating task. While there are many firms out there that claim to want to help you and your business get off the ground or grow, it can be almost impossible to know just who to go with.
As a small business owner, you know that one of your biggest challenges is ensuring that you have access to capital when you need it. However, all too often, entrepreneurs don’t realize how many financing options are available. Unfortunately, not understanding the pros and cons of different methods could mean that you wind up paying more in the long run.
For several years now we’ve seen a booming economy, lifting ourselves out of the Great Recession a decade ago. The stock market has soared, unemployment numbers continue to fall and overall it seems like there’s nothing but a rosy future to look forward to.
In case you haven’t heard, the Federal Reserve raised the national interest rates this past month. This might seem like the end of the world, but we’re here to assure you, it’s not. The fed routinely raises or lowers interest rates depending on the health of...
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...
Financial Technology, or FinTech, is a term used to describe a growing number of businesses that are using technology to make financial transactions easier and faster. Traditionally, new businesses would look for financing from a bank or investor. Fintech has changed...
