SBA will be one of the largest financial resources to help business owners with the recovery from the recent tornados in Oklahoma. There’s finally some good news for business owners located in Oklahoma that were negatively affected by the recent tornados. The SBA recently stated there will be a Business Recovery Center for all businesses seeking assistance. There will be SBA representatives there to help business owners understand how a federal SBA disaster loan can help with their recovery. The Read More
Businesses today might have a greater need for working capital loans, more than ever. Even though it sounds like a broken record, our economy is still in the tank, and businesses aren’t as healthy as they were before. Companies today, might not have as much cash on hand, and if they have a need for working capital they will only have several options. If the funds aren’t already in the business bank account they will need to resort to either Read More
With so many options, who do you pick? With the wide selection of business cash advance lenders in the marketplace today, it might be difficult to find the right one for you. They all might seem to be the same, but the reality is we are all different just like any other businesses within the same industry. Let’s first start with the different type of facilitators. You have your local bank or credit union; neither IS known for doing business Read More
What if your employees couldn’t get to work due to a natural disaster? Yet the past event that occurred in Boston on Monday was not a natural disaster, I’m sure the surrounding businesses won’t be able to attend their workplace the following day or even the next couple of days. Depending on your location, there are some areas that have more reason to be concern about this subject matter. Some areas are more prone to having natural disasters. I can Read More
Which type of business financing works for you? With the financial industry ever evolving, there becomes a wider range of options when looking for business loans. Your typical loan from your local bank or credit union is now competing with other types of financial sources. In previous posts, we’ve discussed business cash advance, SBA loans, and merchant cash advance. But there’s so many other ways to fund your business, and I’m not talking about asking your family members. One unconventional Read More
What You Need To Know When Pitching Your Investor The best education about raising working capital for a business can be found in your living room every Friday night! That’s right, the TV show Shark Tank is a great way for business owners to learn on what investors will want to know and expect when being pitched. If you are not familiar with this show, you need to set your DVR to catch the latest episode. This show is based Read More
Learn how merchant funding works: Are you a business owner who accepts credit cards as a form of payment? Maybe merchant funding can help your business with the extra working capital it might need. If you are strapped for cash and have found out that the banks aren’t lending to business owners as frequently, this is a great solution if you’re in need of cash for your business immediately. Merchant funding also known as merchant cash advance is another type Read More
Sad news today, and Laker fans across the world will be mourning the loss of the great Dr. Jerry Buss. At the age of 80, longtime owner of the Los Angeles Lakers, Dr. Buss passed away early this morning after battling cancer. This man has one of the greatest self-made multi-millionaire stories out there. This man was not just a business owner, but he was an innovator and creator of what the NBA has become today, especially with the Lakers. Read More
