The short answer is no. You shouldn’t leverage a business line of credit for personal expenses. Even though many business owners consider their businesses as extensions of themselves, using your line of credit for personal […]
Why Get a Business Line of Credit
If you’ve read our earlier blog on acquiring a revolving business line of credit for your business, you may be thinking, “But I have a bad credit score. Is it possible for me to get a line […]
How Small Businesses Can Access A Revolving Line of Credit
During these uncertain times with all its political, health, and economic tribulations, many small businesses rightly are anxious unsure about the future. Consider, in February, the unemployment rate was at a near-historic low of 3.5%. […]
How Do Small Business Loans Work?
The question of “How do small business loans work” is the natural question when deciding on growth possibilities or starting a small business. Maybe you’ve come up with that product that has the market beat. […]
What are the different types of small business loans?
There are a variety of loan options that suit different business needs. Here’s an overview of nine types of small business loans. 1. Term loans Term loans are one of the most common types of […]
Best Online FinTech Small Business Loan Lenders In 2022
We rounded up the best online fintech small business loan lenders in 2022 that can help you get the capital that your business needs to operate successfully. Small business loans can help you get access […]
Know the Limits: How Much Line of Credit Can I Get for My Business?
Unless you have excellent cash flow or you’re fortunate enough to have plenty of your own money for your startup, most entrepreneurs wonder, how much can I get on a business line of credit? How […]
Small Business Line of Credit vs. Business Loan: What Are the Differences?
When your small business needs some cash injection, you typically have two options: a line of credit or a loan. A line of credit presents you with an ongoing pool of cash to dip into […]
40 Proven Ways to Fund Your Small Business
When it comes to funding, there isn’t a one-size-fits-all approach. Aside from every business having unique funding needs, each funding option differs in availability, terms, funding amounts, and eligibility criteria. We’ve compiled a list from […]
Best Short Term Business Loans
When you own a small business, an urgent need for cash is a common problem. You might need to hire new employees, purchase new inventory, or pursue a new opportunity to grow. Short term business loans are […]
