BLOG

Home Builder Needs A Working Capital Loan

Working Capital Loan

“You need money to make money.” Everyone has heard of that saying more than enough times, and it’s very true when it comes to running a small business. If your business is short on working capital, how else do you expect to grow? We recently came across another scenario with a home builder that specialized in building individual homes. Here are some of the obstacles this business was coming across: ·   They had four homes sold and escrow would Read More


Youngster Trying to Earn a Buck

Working Capital Loan

Learning how to raise working capital at a young age. Now that I look back, I was an entrepreneur at a very young age without even knowing it. In elementary school, these handheld video games were popular; this is before there was Gameboy or PSP. These games usually had only two buttons and ran off watch batteries or AA batteries. In 5th grade I had a teacher named Ms. Graves, and she used to hand out tickets to the students Read More


Competition Is Good For Consumers And Good For Your Business

Competition Is Good For Consumers And Good For Your Business

You can succeed in your business, even with competition! I’m sure you have personally experienced how competition has benefited you as the consumer. Competition is great for the consumer, because it keeps prices at a competitive price point, a wider variety of added services and products. I bet you are wondering how can this benefit you as a small business? If a business had no competition there is no need to be creative and innovate for newer, improved and lower Read More


Can Your Customers Find You?

working capital loan.

It might be hard to believe, but the simplest forms of advertising can result in business. Having a small business is time consuming, from collecting payments, shipping out items, ordering inventory, paying bills, figuring out advertising, the small business owner is definitely responsible for multiple items. So it’s no surprise that some things might have been overseen. Most of the time when we are talking about advertising it has dollar bill signs in the conversation. But not today! No cash Read More


SBA Will Be Cutting Back On Giving Out Small Business Loans

Business Cash Advance

There will be 2,000 fewer small business loans issued by the SBA Congress has not come to an agreement yet, so the President will issue an order for the sequester to go into effect anytime before midnight tonight. Sequester is the U.S. government’s $85 billion dollar automatic spending cuts that was put into law by the Budget Control Act. Will the sequester have an impact on small business loans or SBA loans? You better believe it! It is said that Read More


How to Obtain Working Capital for your Business

Working Capital Loan

Are you finding it hard to get working capital for your business? The obvious solution is for the owner(s) to infuse funds into the company.  But if that’s not a viable solution, what else is there?  Of course using a credit card would be the fastest way, but is that credit card a business credit card or personal credit card?  Will the credit card company charge you additional fees if you take a cash advance?  Are there limitations to that Read More


How Do You Track Your Leads?

Factor rates

Are you losing track of your possible clients? Whether you are selling solar panels or nutritional supplements, you need to be keeping track of all your prospects.  If your way of keeping track of leads is with a pen and paper, you might be losing money!  I can remember one of my first jobs I had when I was first starting in the workforce I was working for a company who kept their sales leads on index cards.  Each sales Read More


How Does Merchant Funding Work?

Merchant Funding

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


Starting a New Business With a Smaller Budget?

Open For Business

I guess depending on what industry you are in, will depend on the type of equipment, staff, supplies and space needed for your new business.  But let’s start with one of the larger expenses and commitments, which would be your location.  If you can start your business from your home or place of residence, you will not only save on rent, but you will relieve yourself from the commitment for the office lease.  Most office leases these days are anywhere Read More


5 Steps To Starting A New Business

starting a new business

Are you expecting a tax refund? Why not take that refund and start your home business! It’s not as expensive as you may think. Invest in yourself and in your future.  Have you been yearning to start a home business to secure your future? Now couldn’t be a better time!  We have created some simple action items on what you should do if you’re interested in starting a new business. 1.  Research your market:  I know it’s more fun thinking Read More