Can unsecured business line of credit solve the funding challenges faced by small businesses?

Can unsecured business line of credit solve the funding challenges faced by small businesses?

A small business line of credit is a financial tool that provides borrowers access to capital up to a certain amount. One of the major differences between term loans and

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Veteran Business Funding and the inherent benefits

According to the Small Business Administration (SBA), over 2.5 million small businesses are owned by veterans of the U.S. armed forces. This represents 9.1% of all U.S. firms with veteran-owned

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Problems with PO financing and loans and possible alternatives

Purchase order, or, “PO financing” is an arrangement where a third party agrees to give a supplier enough money to fund a customer’s purchase order. In some instances, purchase order

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Understanding net 30 trade credit and its benefits to businesses

Statistics show that about 40% of small businesses experienced cash shortages within the previous 12 months. This is largely attributed to the fact that 64% of small businesses are waiting

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Micro Loans helping businesses solve their Cash Flow Problems

A microloan is a small term loan that ranges between $5,000 and $50,000 and can be used by small businesses for different purposes. Small businesses often use micro loans to

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Small businesses using Invoice Factoring to enhance their processes

Invoice factoring is one of the several financing option available to businesses, offering a fantastic alternative to loans. Factoring allows small businesses in particular to work with a third party

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Can invoice factoring be a solution to the problem of small business funding?

Invoice factoring is a financing plan specifically designed for businesses that issue invoices with net terms, usually between 30 to 90 days. With invoice factoring, businesses can sell their unpaid

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Getting funding for small business owners

Small businesses contribute majorly to the economy of any nation and the United States of America is not an exception. However, small businesses are often faced with the challenge of

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Trade Credit and how businesses can take advantage of it

Businesses, especially small businesses often struggle with liquidity. Research has revealed that about 40% of small businesses admit they have experienced cash shortages within the previous 12 months. This is

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Equipment loans and how businesses are taking advantage of them

An equipment loan is a form of financing that enables small business owners to get the equipment and machinery they need to grow their companies when they are short on

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Small Businesses and how they handle their funding issues

One of the major problems faced by millions of businesses across the globe regardless of their location or industry is funding. The case is not particularly different with small businesses

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Funding options for minorities and how to get a small business loan

A 2016 survey conducted by Biz2Credit on more than 1,500 minority business owners revealed that 36.3% admitted that lack of adequate funding was their biggest challenge. Historically, minority business owners

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Women Entrepreneurs finding their feet with Business Financing and Loans

Starting and running a successful business is not particularly easy as it requires grit, determination, confidence, and skill. One major determinant of the success of any business is funding. Unfortunately,

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Can Micro Loans help solve the cash flow problems of small businesses?

A microloan is a small term loan that ranges between $5,000 and $50,000 and can be used by a small business in its early stages to pay for inventory, machines,

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Business Auto Repair Loans – a way for small businesses to enhance their operations?

Several small business owners need to move from one location another for different reasons, including visiting clients or potential customers, or traveling to conferences or events. In most cases, such

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Figuring out how to find equipment loans and their suitability

Starting a new construction company or running an existing one is not particularly easy, as business owners for example, need to assemble a fleet of heavy machinery, which often requires

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Can Purchase Order Financing be the solution to small business funding?

There are several ways of getting additional funds for small businesses and purchase order financing seems to be one of the very popular ones. Purchase order, or, “PO financing” is

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Figuring out the suitability of a business auto repair loan

An auto repair loan is a financial instrument that individuals and business owners use for auto repairs. It is particularly useful when users do not have enough cash readily available

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Funding Options available to the Construction Industry

The U.S. construction industry has more than 6 million employees, making the multi-billion dollar business one of the most important industries in the country. Small construction companies or contracting businesses

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Construction loan options and how small businesses can harness their benefits

The U.S. construction industry is a major sector of the economy, employing more than 6 million people with over 650,000 employers. While the sector is important to the economy of

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