Cannabis Industry

Lease loans for cannabis equipment are credits that allow cannabis entrepreneurs to purchase equipment for their cannabis cultivation, production and distribution. However, the cannabis industry in the United States is still new, and although such loans now have higher interest rates, these rates should decrease as risk goes down, making financing cannabis devices a more […]

Reducing Operating Costs for Your Startup Is Essential for Longevity

Reducing Operating Costs? Cash flow management is already a challenge for startups, but COVID-19 isn’t making matters better. With unemployment rising and other people spending less money on certain goods or services, startups are likely to suffer during this point . However, reducing operating expenses can help a startup stay afloat until operations are back […]

Business Attitude

Do You Have The Right Business Attitude?

One of the most important keys to success will be your business attitude. As we enter the second week of the New Year it is a good time to check our attitude about success. As Zig Ziglar says, “Your attitude in life will determine your altitude.” Small business success is about becoming bigger than your […]

What Happens When You Default on an SBA Loan?

What happens to my SBA loan when my business fails? So your business is struggling, and you are wondering, what happens to my SBA guaranteed business loan? What indeed… Let’s answer that question by first understanding what the SBA guarantee actually means. The guarantee is actually for the BANK, not the borrower. Which means that […]

Small Business Loans With A Poor Credit Score

Many small business owners struggle with obtaining business finance, and there is absolutely nothing unusual about this. Getting a business loan for small businesses, such as retailers, restaurants, garages and so on, is not as simple as one would think from the bank. This is not to say however, that getting a business loan is […]

The Nuts and Bolts of a Business Plan

Do you need investors? Looking for a loan? Do you want to apply for a grant? Or has the time just come to do a self-analysis of your business? Are you expanding your business? Looking for new markets? Seeking the next level in your business? These are all times that you need a business plan? […]

Business Loans: If You Know How To Make Good Use Of Money And Expertise

Are their rewards of being your own boss? Yes, actually many – you create the rules you want, you’re employed for yourself, you’re taking home the profits and you get to try and do what you would like. Business and finances are closely intertwined. Finances are basic to business development. Any new scheme or business idea requires money to grow. Business loans are the foremost popular way of […]

What Are Working Capital Loans and Why Are They Important?

IntroductionWorking capital loans for business are short-term loans that can be used to finance daily business operations. While these loans aren’t intended for acquisition of long-term assets or investments, they will ease the handling of day-to-day expenses. Routine operational costs of a business may vary across businesses but generally, they’re categorized into fixed and variable costs.Fixed costs include expenses like rent or employee wages while […]

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