Loans Articles

Business » Financing » Loans | By David Castro @ Saturday, 22nd November 2008 @ 3:16 PM

Owners of businesses in all types of industries are looking for small business loans. Even Business Week online features an article focusing on the problems restaurants are facing during these times and the things they are doing to cope. \"For the past several months, restaurant owners have begun to deploy a host of cost-cutting measures and incentives to keep their tables filled and turning over,\" states the website. The problem, is getting a small business loan now may not be... more...

Business » Financing » Loans | By David Castro @ Thursday, 20th November 2008 @ 5:52 PM

Finding a bad credit business loan can be very difficult. Sometimes, small business owners will go to extremes to secure financing for their businesses, offering homes, and valuable property as collateral to compensate for a less-than-perfect credit score. But what many of these small business owners do not know is there is another way to get a bad credit business loan; a method that requires no collateral, no fixed monthly payments, and can make it possible for small business owners to ... more...

Business » Financing » Loans | By David Castro @ Thursday, 20th November 2008 @ 5:45 PM

If you\'ve been using credit cards to finance your business, chances are your credit score isn\'t excellent and you could probably still use more money for your business. Whether you\'re reading the Business Week story of James and Heather Hills, small business owners who paid 31% interest on a credit card to finance their small business, or the Entrepreneur article urging readers to \"Know the risks [they] face before [taking] the plunge into credit-card debt,\" ... more...

Business » Financing » Loans | By Tarun Jaswani @ Saturday, 25th October 2008 @ 7:10 PM

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, fees average dollar15 for each dollar100 lent. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of cre... more...

Business » Financing » Loans | By David Castro @ Thursday, 23rd October 2008 @ 9:24 AM

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 of the top ten concerns of surveyed small business owners were financial iss... more...

Business » Financing » Loans | By David Castro @ Monday, 20th October 2008 @ 10:12 PM

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 that they may have regarding the particular source of business financing. This doubt may come from a lack of knowledge about credit card advances, misinformation about cre... more...

Business » Financing » Loans | By David Castro @ Monday, 20th October 2008 @ 10:03 PM

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 to make your business work at its best. But quite often, it takes not only hard work and dedication, but adequate financing to do this. If you own a retail ... more...

Business » Financing » Loans | By David Castro @ Tuesday, 14th October 2008 @ 3:42 PM

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. The Small Business Administration backs loans of up to $1.5 million to $2 million. But in 2007 the average SBA loan amount was about $200,000. With the tightening lending p... more...

Business » Financing » Loans | By David Castro @ Monday, 13th October 2008 @ 9:44 AM

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 for people who just do not have poor credit, they are looking to lend to people who have excellent credit, which can mean a score of 720 or higher. It is possible to raise your credit score, but it is ... more...

Business » Financing » Loans | By David Castro @ Monday, 13th October 2008 @ 8:24 AM

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 are ready to find a way to get business financing. What is its Purpose? Getting money to finance a business endeavor should not be a long and dreaded journey. It should be a proces... more...