Learn About SBA Loan Process
The typical SBA loan funding process takes approximately 8 to 12 weeks. The loan process starts with an SBA loan application and gathering the company's financial documents, which include a profit and loss statement and balance sheet.
Business Loan Requirements: What do you need to get a business loan?
Lenders have different requirement for giving business loans. However, nearly all lenders of business loans have six required documents for a business that will be discussed in this article.
Pros and Cons of Bridge Loans Explained
Bridge loans are short-term loans with high-interest rates until a company secures permanent financing.
Wholesale Marketing Strategy
Businesses that sell products wholesale generally target retail business owners. Wholesale marketing also targets consumers for brand awareness which causes the consumer to ask the retailers for the brand.
Business Books for Women
In recent years, female small business owners have reached phenomenal levels of success in all areas of their lives. They have also shown that they are able and willing to break glass ceilings in many industries traditionally dominated by men.
Prepaid Business Credit Cards Pros and Cons
A prepaid business credit card allows businesses to set spending limits and monitor expenses without the risk of accumulating debt. However, prepaid credit cards often come with higher fees and more difficult for building credit.v
Do You Need a Down Payment for a Business Loan?
Many types of business loans do not need a down payment.
How to Transfer Business Ownership
The easy way to transfer business ownership is to sell the business to another person or company.
What Rights Do the Partners Have as Owners?
Unless otherwise stated in a partnership agreement, business partners as owners have equal rights to manage, operate, and allocate profits according to the partnership agreement.
What is line of credit for business?
A business line of credit is similar to a credit card, but you don’t pay the vendors. When a company needs money, the company borrows money from the line of credit by drawing down the line.