As implied by its very name bridging loans are meant to bridge the gap between the sale of your existing property and purchase of a new one. These loans are short term in nature and thus carries higher rate of interest. However, there are certain things that you should keep in mind for nominal rates […]
A payday loan (also called a paycheck advance or payday advance) is a small, short-term loan that is intended to cover a borrower’s expenses until his or her next payday. Typical loans are between dollar100 and dollar500 and are due in two weeks, with interest rates of up to 400% APR. On a two-week loan, […]
Discovering new ways to help your business is always important as a smart business owner. There are various areas of small business that can be improved in order to strengthen a business as a whole. Marketing and advertising, customer service, image, sanitation, and employee motivation are all areas that can be individually honed […]
In June 2008, The National Federation of Independent Business (NFIB) released a report titled “Small Business Problems and Priorities.” This report has been released approximately every four years since 1982 and details “the most pressing issues facing small-business owners, as reported by small-business owners themselves,” states NFIB’s website.
In the most recent publication, nine out […]
An increasing amount of business owners are using credit card advances to finance small business ventures, or for relief during difficult times. But there is still reason to believe that many small business owners are missing out on benefits that a credit card advance can provide, due to a certain amount of skepticism […]
Some times we may face a financial problem, that we can’t find a solution for. Maybe your car breaks down, or your hot water heater goes out, no matter what the cause is a payday loan may be the solution to your problem.
Ever heard someone say “Good things come in small packages”? Well, the saying is applicable to more than just holiday gifts, as it is beginning to ring true for many small business owners who are taking advantage of microloans. A microloan is a small loan, typically described as being less than $35,000. […]
These days, nothing in our economy is certain. In reality, many people and businesses are still in good financial shape, but for many others things have gotten quite a bit more difficult in recent times. Some people have had to close their businesses, and been foreclosed upon. Unfortunately sub-prime mortgage loans have gone the way […]
Poor credit business loans are for small business owners who do not have great credit. They are for small business owners who do not have collateral to offer in order to secure a loan. Poor credit business loans are for small business owners who have been told “no” too many times before, and […]
Typically, poor credit is described as a credit score between 580 and 640. Having such a low credit score can make getting an apartment, cell phone, home loan, or buying a car a very difficult process, if not impossible. But when it comes to getting a bank business loan, lenders are not looking […]
