Business Law & Regulations, Finance
June 3, 2022
Via: InvestopediaWhat Is a Credit Facility? A credit facility is a type of loan made in a business or corporate finance context. It allows the borrowing business to take out money over an extended period of time rather than reapplying for […]
Business Law & Regulations, Finance
August 5, 2020
Via: InvestopediaThe term collateral refers to an asset that a lender accepts as security for a loan. Collateral may take the form of real estate or other kinds of assets, depending on the purpose of the loan. The collateral acts as […]
January 17, 2019
Via: Fit Small BusinessThe six most common loans offered by The Small Business Administration (SBA) are 7(a) loans, 504 loans, CAPLines, export loans, microloans, and disaster loans. You can learn more about requirements, costs, terms, and how to apply in the brief overview […]
Business Law & Regulations, Finance
October 11, 2018
Via: EntrepreneurWhen your business needs to funding to grow, bridge cash flow gaps or take advantage of a can’t-miss opportunity, where do you start? For business owners, there are more options than ever for financing. Whether through the traditional route of […]
June 19, 2018
Via: EntrepreneurDo you need a small-business loan fast to start or grow your business? Whatever your reasons for borrowing cash fast, not all small-business loans are made equal. Some of them have stringent credit history and documentation requirements, some have high […]
June 14, 2016
Via: Fit Small BusinessEveryone can agree that SBA loans aren’t easy to get. You need to have good credit and a profitable business or business idea, and you must be willing to put in the time and paperwork needed to get an SBA […]
June 6, 2016
Via: EntrepreneurA recent survey by seven Federal Reserve Banks showed a whopping 72 percent of business owners who apply for a traditional loan get turned down. That’s right — seventy-two percent. When you consider the critical role that small business plays […]