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...
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
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
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
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....
