What exactly is collateral?

What exactly is collateral?

When you apply for a business loan, depending on several factors, including the loan amount, credit history, and the lender, you might be asked to supply collateral to secure the loan. Collateral is just assets that you pledge toward the loan. So, let’s say you...
6 Ways to Market Your Restaurant 

6 Ways to Market Your Restaurant 

The restaurant business can be complicated—and that is an understatement. After last year, many in the restaurant industry are simply trying to figure out how to survive. Marketing is one critical component of any such game plan. An effective marketing strategy that...
Pros and Cons of Business Term Loans

Pros and Cons of Business Term Loans

Small business owners across the country usually will consider going for financing at one point or another. Maybe times are tough, and you need additional working capital. Perhaps you are considering expansion and need the funds to do so. Whatever the reason, whatever...