Struggling to get your small business loan approved? We explore the most common reasons your business loan was denied and what to do next. Learn more here.
Written by Kacie Goff , Edited by Emily Maracle ; Published on June 11, 2024 | 4 min read
What Is a Business? The term business refers to an... Some businesses run as small operations in a single industry while... 1 Corporations are considered to be juridical persons in many...
Key takeaways ; Refinancing a business loan involves taking out a new loan to pay off an old one and can provide opportunities for improved financial stability and growth ; Reasons for refinancing can include reducing the overall cost or monthly payment of the loan, changing the loan type or taking advantage of lower interest rates. ; Factors to consider when deciding when to refinance include market rates, personal and business credit scores and the company's revenue and profitability
SBA loan or conventional bank loan? Here's what you need to know to decide which type is right for your business.
SBA loans offer competitive rates, high loan amounts and lengthy repayment terms to qualifying small businesses. Learn more about your options for SBA loans in this full guide.
of business, now what happens to my loan liability?” Nearly a quarter of small businesses have considered closing their... funds Is there a need for another stimulus check? Trump says...
What exactly is a small business loan? It’s basically a way to help finance your business endeavor when you don’t have the personal capital to do so. Your loan can be used for a...
Key Takeaways Running out of money is a small business’s biggest risk. Owners often know what funds are needed day to day... The Small Business Administration offers a variety of loan...
Every business needs to do marketing to attract customers, increase sales and compete better. But a lot of small business owners struggle to know just how much money they should be spending. Jessica Horvath, Senior Advisor, Development Initiatives at BDC, says there’s no one-size-fits-all answer. “So much depends on the kind of business you have, your business objectives and revenue.” · That said, she offers these tips for coming up with a marketing budget that fits your small business.