business line of credit

What is an Unsecured Business Line of Credit?

The stress of putting up your personal and business assets as collateral in order to get the funding you need to grow your company can be crushing. The Good News: There’s plenty of alternative financing options that don’t require collateral at all. One of the fastest and most convenient funding examples is an unsecured businessRead More

Business Loans for Bad Credit: 5 Great Customizable Options

Unfortunately, bad credit has precluded a number of business owners and prospective business owners from realizing their dreams of getting their company off the ground and running. According to some stats, fewer than one-third of businesses looking for funding through a traditional banking method were actually approved. So how can you get the cash youRead More

3 Ways that a Business Line of Credit Helps Manage and Control Seasonal Healthcare Cycles

Whether the focus is on treating sports injuries, battling the flu, treating slip-and-falls during the winter, soothing sunburns and other skin problems in the summer — and the list goes on — firms in the healthcare space face demand-related spikes and lulls; just like companies in other industries and sectors, from retail to professional services.

5 Ways a Business Line of Credit Can Make or Break Your Business

The world of business advice has a tendency to be melodramatic at times. Indeed, it’s not uncommon to flip (or click) to an article that warns about the latest problem that is gearing up to send your business straight to the dustbin of history.  

Comparing SBA Loans With Unsecured Small Business Loans

Most business owners know that they can apply for financing through the Small Business Administration (SBA). Fewer business owners know that there are alternative financing options which may be available to them. Let’s take a look.   SBA Loans vs. Unsecured Small Business Loans The SBA has an affiliation with the government and a longRead More

How Does Inventory Financing Work & Is It Right for Your Business?

Inventory financing is essentially a line of credit that uses inventory (either a portion or all) as collateral. It allows businesses to tap into the value of their inventory, even though it may not yet be completely finished and in saleable condition (which can be the case in manufacturing), or simply hasn’t been sold yet.Read More

When Does it Make Sense to get an Unsecured Line of Credit?

Before we look at when it makes sense to get an unsecured line of credit, it may be helpful to take a step back and unravel one of biggest sources of confusion on the business funding landscape: what “unsecured” really means. When connecting it to our personal lives, the term “unsecured” has a somewhat worrisomeRead More

Line of Credit vs. Loan: What Are the Differences?

Are you confused about the difference between a line of credit and a loan? Be assured that you aren’t alone! Often, these terms are used synonymously or interchangeably. However, they are distinct funding products, and understanding the differences will help you clearly determine which – if either – is right for your business. The keyRead More

Restaurant Loans: What Financing Options Do Restaurant Owners Have?

Restaurant owners know that it’s only a matter of time before they need additional cash to take care of emergency repairs, hire new staff, purchase equipment and inventory, run advertising and promotional campaigns, and the list goes on. As such, it’s not a question of if they’ll need restaurant loans, but when, how fast, andRead More

Do You Have the Funding to Prepare for the Vital Holiday Season?

Whew! The fast pace of summer business has slowed down giving business owners a chance to re-group and prepare for the upcoming rush of the holiday season. October can be a slow business month, especially for retailers and restaurants. This can make it the perfect time to address your holiday business funding requirements. Do you have theRead More

How Much Do You Need?