How Retailers are Preparing for the 2018 Holiday Season
Is your retail business prepared for the holiday season? With the 2018 holiday retail season projected to be even more profitable for business owners than 2017, retailers have been preparing for months in advance to handle all the business they’ll be making! But if you’re just now getting around to gearing up for the holidays,Read More
7 Busted Myths About Invoice Factoring
Just saying the words ‘invoice factoring’ leaves a bad taste in the mouths of most business owners. There’s a few myths about invoice factoring that cloud the truth of it actually being one of the easiest, fastest ways to turn invoices into much-needed cash. To help, NBC’s Business Financing Advisors got to work busting theRead More
Farm Loans 101: What Do You Need to Grow?
Farm loans have been used by agricultural businesses of all sizes and types for generations. With the agriculture industry still in a period of recovery since the recession, tariffs from the Trump administration that put farming profitability in even greater jeopardy, and rapid advancements in farming technology and equipment, farm loans are an increasingly high-demandRead More
Are Prime Lending Rate Hikes Putting Your Business In Danger?
On September 26, 2018, the Federal Reserve increased the funding rate by .25%, causing a range of financial changes in the economy that are already starting to affect small businesses nationwide. Should you be worried? Use this guide created by NBC’s Business Financing Advisors to make sense of the recent prime lending rate hikes, andRead More
Wholesale Distributors: Cover Slow Payments with Business Credit
Slow customer payments can cause cash flow problems for wholesale distributors. With a business credit line, you can bridge slow customer payments, and get the working capital you need in advance of future orders. But what type of credit line is right for you and your business? Jump To: 2 Best Business Credit Lines for WholesaleRead More
Top 6 Veteran Business Loans with Bad Credit Acceptance for 2018
Veteran business loans with bad credit acceptance can be hard to come by. This is especially true through traditional lending channels including banks. Why? Many recently retired service members simply don’t have access to the time or resources needed to boost their FICO. Other older members face the same troubles that business owners with bad creditRead More
Revolving Business Lines of Credit vs. Loans
When it comes to business financing, the differences between revolving business lines of credit vs. loans benefit different businesses in various ways. Although similar in some aspects, they’re more different then they are the same. Business Lines of Credit vs. Loans: Differences and Similarities Revolving Credit Lines vs. Loans: How Do They Work? APR vs.Read More
How to Get Minority Business Loans
Minority business loans are the ideal financial solutions for minority entrepreneurs who are tired of getting rejected by banks and other lenders. Learn how to get the perfect minority business loan or line of credit for you, and gain easier access to the great funding options caucasian business owners are using to take advantage ofRead More
How Doctors Bridge Slow Healthcare Payments with Revolving Credit
Having trouble bridging slow healthcare payments? Revolving lines of credit may be just what the doctor ordered. One of the biggest issues with cash flow that doctors face are slow healthcare payments. This can slow down office operations considerably, often holding medical professionals back from paying overhead costs including rent, utilities and insurance. Jump toRead More
What is a Revolving Business Line of Credit, and How Does it Work?
It’s been a while since business lines of credit with revolving terms were available on the market. Now that they’re back, they are in extremely high-demand from business owners who finally have the breathing room to grow their businesses. Fortunately, now that economy is better than it’s been in years for small business owners, NBC isRead More
