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 »

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