6 Smart Reasons to Get a Business Loan

Image credit:Dave Dugdale | Flickr Spreading the word that you’re considering a loan for your business can be met with all kinds of opinions. From general naysayers to cautionary anecdotes, everyone you meet will have a story as to what might happen if you take out a loan to start or expand your business venture. …

7 Ways Franchises Help Franchisees Obtain Financing

Image credit:Shutterstock From developing a business model, to building your branding and obtaining financing, starting your own business is an intimidating process. Many entrepreneurs pursue franchising as a form of business ownership, because it offers a more guaranteed model for success than starting over on your own. Franchising provides a ready-made brand, a ready-made product and …

Small Banks More Likely to Give Businesses the Funds They Need, Fed Says

Image credit:Shutterstock Small-business owners seeking funding are better off going to small banks, according to a recent report by the Federal Reserve. Small banks provided some of the financing to 76 percent of small businesses while large banks approved loans for 58 percent of those that applied. Related: 8 Ways to Build Your Company's Credit The …

Differentiate or Die Trying: What’s Next For the Alternative Lending Market

Image credit:Brent Moore | Flickr Small business lending has not always been seen as a hotbed of innovation. With only traditional bank loans, credit cards and a few local merchant cash advance or factoring firms to meet their capital needs, small businesses have typically been left behind when it comes to advances in financial technologies. …

Still Investing in Real Estate Through Traditional Avenues?

Image credit:Shutterstock.com Crowdfunding is rapidly gaining popularity as the must-have investment option. In 2015, real estate crowdfunding was expected to grow into a $2.5 billion industry. According to David Drake, founder and chairman of The Soho Loft Media Group, real estate investors have started to value crowdfunding as an avenue that helps stabilize and diversify …

4 Lessons Learned in Getting Bank Financing

Image credit:Shutterstock Lending isn’t quite as tight as it was after the recent economic downturn, but it’s still a delicate process. Many small- and medium-sized businesses find it difficult to obtain bank financing because they don't know how to navigate the process. But, if you’re persistent enough, however, raising the necessary capital is still possible. …

3 Tips for Giving Your Small Business a Financial Spring Cleaning

Image credit:Shutterstock Spring cleaning season is upon us and it’s not just time to declutter your office or take inventory, it’s also the right time of year for small business owners to get organized financially. From reviewing business expenses, to managing cash flow and revising business plans, every business owner can benefit from a financial …