by G Finegan | Mar 31, 2023 | Business Funding
These are the steps for obtaining a line of credit: Identify potential collateral. Before you even look for a lender, the first step in attaining a line of credit is considering what assets you can pledge as collateral on a loan. If you can find collateral...
by G Finegan | Mar 31, 2023 | Line Of Credit
Did you know that getting a revolving line of credit improves your liquidity month after month? The resultant flexibility helps you to run your small business smoothly thus making the most out of it. What do you need to know about the revolving credit? What is...
by G Finegan | Mar 31, 2023 | Business Funding, Line Of Credit, Working Capital
Learn how to use working capital formulas to gauge the short-term success of your business Working capital is one of the most essential measures of a company’s success. To operate your business effectively, you need to be able to pay off short-term debts and expenses...
by G Finegan | Mar 31, 2023 | 1800bizfund
Working capital is the sum of the cash and highly liquid investments that a business has on hand to pay for day-to-day operations. Technically speaking, working capital is equal to the total of a company’s current assets minus its total...
by G Finegan | Mar 31, 2023 | 1800bizfund
How to Get a Business Line of Credit: What You Need to Know Traditional business loans are the most common way to finance a business, but a business line of credit can be more accessible for startups or business owners with bad credit. A business line of...