7 Best Women Business Organizations
For women business owners, it is critical to develop connections with fellow professionals in order to create useful networks. There are plenty of associations that support women, and which can be very beneficial for small business owners looking for advice and fellowship.
5 Unsecured Business Credit Cards for Startups
What is an unsecured business credit card? An unsecured credit card does not require a personal guarantee from the business owner. Small business owners prefer an unsecured credit card.
SBA Requirements for Veteran-Owned Business Loan
Does the VA provide business loans to veterans? No, the VA does not offer a business loan. The SBA provides loans to veteran-owned businesses.
Does SBA 504 and SBA 7a require a down payment?
Yes, SBA loans require a down payment of at least 10% up to 30% depending on the strength of cash flow and the value of the collateral.
Advantages of Buying an Existing Business
Starting a new business is challenging. Buying an existing business has its advantages, including knowing what is already there and improving on it: trained employees, existing customers, and operating expenses.
SBA CAPLines
SBA CAPLines are SBA lines of credit that help a small business improve short-term cash flow. The SBA CAPLines have four types of credit: 1) Seasonal CAPLine, 2) Contract CAPLine, 3) Builders CAPLine, and 4) Working CAPLine.
Deceit Definition | Definition of Fraud
Deceit as defined is tortious fraud or deceit occurs when a party “willfully deceives another with the intent to induce him to alter his position to his injury or risk.” Civ. Code § 1709. Fraud has three meanings: 1) A person made a false promise, 2) A person conceal important facts, and 3) A person intentionally misrepresent an important fact.
Can a non-profit get a loan? Who Offers Nonprofit Business Loans?
If a nonprofit organization requires capital for its operations, a nonprofit loan is a great option. Generally, a non-profit may secure a line of credit from a bank. A line of credit requires that the company has revenues.
5 Steps on How to Build Business Credit with Bad Personal Credit
It is challenging but not impossible to build business credit if an entrepreneur has bad personal credit. A good credit score can set a business up for success. Even if a business owner has a poor personal credit score, he or she should still try to build up their company’s credit score.
3 Advantages of Balance Sheet
The benefits of a balance sheet assist business owners in having an overview of their income, assets, and liabilities. A balance sheet is necessary for lenders to determine how much money to loan a company.