by fularticles | Jan 9, 2024 | Business Finance, Business Strategy, Resources, SBA
Today, we’re diving into the world of Small Business Administration (SBA) loans, a vital resource for entrepreneurs and small businesses. Often misunderstood, SBA loans are shrouded in myths that can mislead or intimidate potential borrowers. We’re here to...
by fularticles | Jan 8, 2024 | Business Finance, Business Strategy
The Red Flag of Tax Liens in Loan Applications Tax liens issued by the IRS or state governments are often seen as financial red flags by lenders. As a symbol of past difficulties in fulfilling tax obligations, these liens raise concerns about a borrower’s...
by fularticles | Jan 5, 2024 | Business Finance, Business Strategy, Resources, Small Business
The Elusive Prime Rate: Not for Everyone In the financial world, the prime rate sits at a notable 8 1/2%, stirring up discussions among many, especially small business owners. It’s essential to realize that this rate is like the “cool kid on the interest...
by fularticles | Jan 3, 2024 | Business Finance, Business Strategy, Resources
The Unspoken Factor in Business Financing In the complex world of business loans, there’s a factor that often goes unspoken but holds immense power: your background. It’s a reality that might stir discomfort, but understanding its significance is a key...
by fularticles | Jan 2, 2024 | Business Finance, Business Strategy, Resources
Harnessing the Power of Business Loans for Expansion In the dynamic landscape of business, strategic planning plays a pivotal role, especially when it involves the utilization of business loans for expansion and growth. By astutely considering your goals and...
by fularticles | Dec 21, 2023 | Business Finance, Business Strategy, Resources
The path to securing a small business loan is often fraught with challenges. A decline in revenue or dwindling bank balances can send a distress signal to lenders, suggesting a lack of business viability and raising doubts about loan repayment capabilities. However,...
