Category Archives: Finance

A Guide To Securing Small Business Loans For Minorities

Financing a business is never easy, but it is now more possible to obtain a loan for everyone regardless of race. Minorities who may be at a disadvantage economically are more easily able to get loans for the start-up of their small businesses. Moreover, higher loans and mezzanine funds are offered once a small business has demonstrated stability for over ... Read More »

Create A Corporate Resolution To Open A Bank Account

When starting a new business, many owners choose a corporation structure. This type of business entity offers legal protection for the shareholders and, in some cases, tax benefits too. To take complete advantage of having an incorporated business, board members, or owners, can create a resolution to open a bank account. Typically, this is done for traditional banks. If you ... Read More »

How To Compare Interest Rates From Different Business Lenders

It is essential to compare interest rates before applying for a loan, whether you are starting an internet business or opening a second retail location. Irrespective of the type of loan you are planning to draw, the interest rate plays a major role in determining total repayment amount. Moreover, a slight difference in interest rates can reduce monthly installments, enabling ... Read More »

Invoice Factoring Rules To Fix Cash Flow Problems For Good

Following some tried and tested factoring rules can ensure positive cash flow for your business. Due to difficulty in collecting accounts receivables, small businesses often resort to invoice factoring. Choosing a well-reputed factoring company saves businesses from running short of working capital. Moreover, this method saves time, enabling business owners focus on other core functions. In this post, you will ... Read More »

A Guide To The Alternative Lending Market And Platforms

When it comes to capital, alternative lending is a time efficient and flexible choice for obtaining business funding. Unlike traditional lending organizations, the online alternative lenders approve loan requests quicker, making funds available almost immediately. Moreover, lenient eligibility criteria allows even business owners with bad credit history get a loan. Plus, by choosing the right small business lending option, you ... Read More »

Crucial Manufacturing Accounting Methods To Manage Balance Sheets

In business, manufacturing accounting is recording, tracking and calculating activities of production over a period of time. To calculate manufacturing costs accurately, you should consider supplies, labor and overhead charges. Adhering to manufacturing accounting regulations set by Financial Accounting Standards Board, systematic accounting enables manufacturers keep track of recurring expenses whenever they get cash or lose cash. To better utilize ... Read More »

Tips To Pay Off Business Debt & Overcome Financial Hardship

With a new business it’s often necessary to take on debt. Loans can be vital for establishing the operation. However, it’s essential that this debt be managed effectively to begin with. Otherwise, the business could run into difficulties, which can be hard to recover from. Setting Up A New Business Unless you’re fortunate enough to have an extremely healthy bank ... Read More »

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