Author: Brandon Wyson
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Secured Business Loans: What to Know
When it comes to securing financing for your small business, secured business loans may offer a reliable option. These loans utilize collateral to provide lenders with security, which could make them more accessible for businesses with limited credit history or lower credit scores. Let’s delve into the ins and outs of secured business loans, covering…
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How to Get an Unsecured Business Loan
Unsecured business loans offer business owners the financing they need without requiring collateral. From purchasing inventory or equipment to hiring staff and acquiring a workspace, an unsecured business loan can facilitate growth and expansion for any small business. While unsecured business loans can be great for providing financing, many small businesses may benefit from an…
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Should I Get a Business Loan or Line of Credit?
Every financial decision for your business is important. Especially if you are thinking of taking on financing, it’s essential that you know with some real certainty that you are getting the right product for your needs. Many small business owners likely find themselves stuck between two popular choices, those being business loans and business lines…
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What is a Business Line of Credit?
Running a small business means being flexible and adapting to change faster than the competition. Every small business owner knows the value of cash flow but are you taking full advantage of what credit, or more specifically, a business line of credit can do for you and your team? Let’s talk through the key points…
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Small Business Grants for Veterans in 2024
Veterans and small business are a natural match and it’s not hard to see why. Running a small business takes personal discipline and an uncommonly strong determination. These are also two very prominent traits of the men and women who serve in the American military. Those veterans who successfully adjust from servicing our nation in…
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What is a Non-Recourse Commercial Loan
An effective means to expedite a business’s growth is tactical commercial financing. A factor that may dissuade businesses from finalizing a loan agreement, however, is fear of default and the subsequent recourse from lenders. There are actually several types of loans where lenders will agree to not seek recourse after borrower default, which are known…
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Small Business Loans for Veterans
Veteran small business owners are a strong community of achievers with a background in determined hard work. It’s no wonder so many veterans shift into starting and running a business when they rejoin civilian life. However, while time spent as an active duty service member can be an advantage when dealing with the demands of…
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9 Best Small Business Grants for Women
Being a woman small business owner comes with its own collection of challenges. Those women who rise above and make their mark in the business world ought to be celebrated, and that’s part of the reason there is such a robust list of grants for women business owners. Going into 2024, there are several great…
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7 Grants for Minority-Owned Small Businesses
Minority-owned businesses could use a break this year, and new rounds of small business grants targeting businesses owned by people of color are welcome news. Did you know that minorities own nearly one-in-five small businesses in the US, yet data shows that those businesses continuously feel more of the brunt of the current economic challenges…
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Are There Small Business Loans for Women?
It’s been noted time and time again that female entrepreneurs begin in the business world with a social impediment that their male counterparts don’t. But at the same time, today there are more female business owners than ever before. However, women are still statistically less likely to be approved for financing than men. While there…