by G Finegan | Mar 31, 2023 | 1800bizfund
What Is Required for a Business Line of Credit? Out of all of the business loans and other funding solutions on the market, a line of credit will be one of your most flexible options. With a business line of credit, you receive a credit line in a...
by G Finegan | Mar 31, 2023 | 1800bizfund
Definition and Example of Asset-Backed Lending In asset-backed lending, a business pledges an asset or assets as collateral in exchange for a loan or line of credit. The loan may be secured by a variety of assets, such as accounts receivable, equipment,...
by G Finegan | Mar 31, 2023 | 1800bizfund
Business owners who need fast access to cash can benefit from the accelerated approval and funding times available with same-day business loans. However, high interest rates and short repayment terms can make these loans more expensive than traditional financing....
by G Finegan | Mar 31, 2023 | 1800bizfund
One of the biggest challenges a new small business must face is obtaining the money it needs to launch and grow. New employer small businesses are the primary source of U.S. job growth but are much more likely than larger firms to face financial challenges accessing...
by G Finegan | Mar 31, 2023 | 1800bizfund
Requirements vary significantly by lender, but you should be prepared with the following: Personal credit reports and scores from all three major credit bureaus. (The lender will obtain their own copies but it’s good for you to check first.) Business forecast...
