Lendio

MARCH 21, 2023

Asset-based lending, also known as asset-based financing, is a type of business loan or line of credit that companies secure with collateral. Yet with asset-based lending, the value of the collateral that backs the financing plays a more meaningful role in your business’ ability to get funded and its borrowing capacity.

Credit Scoring 52

Credit Scoring Default 52

Abrigo

MARCH 22, 2023

Takeaway 2 Terrorist organizations work cross-culturally to facilitate terrorist financing through TBML. Preferred goods include telecommunications equipment and electronics due to the ambiguity of the values on an invoice. Banking regulators and criminals understand TBML, so be sure your AML investigative team also does.

Credit Card Payments 78

Credit Card Payments Transactions 78

Lendio

FEBRUARY 27, 2024

This is why many turn to business lines of credit.Business lines of credit are very flexible and don’t carry the stringent application requirements like some other forms of financing, like term loans. How does a business line of credit work? How does a business credit card work?

Alternative Payment Methods 52

Alternative Payment Methods Credit Scoring Credit Card Companies Small Businesses 52

Lendio

NOVEMBER 14, 2023

If you’re a small business owner looking for financing options, you may have come across the term “SBA loan.” In this blog post, we’ll dive into the details of what SBA loans are and help you understand if getting one is the right option for your business. How do SBA loans work? How do SBA loans work?

Credit Scoring 52

Credit Scoring Small Businesses Credit Unions Default 52

Lendio

NOVEMBER 13, 2023

Construction business owners can capitalize on these opportunities while navigating challenges by having a smart financing plan in place. A secured line of credit involves collateral, such as equipment or real estate, which the lender can claim if the borrower defaults on the loan. How can you use a construction line of credit?

Credit Scoring 52

Credit Scoring Default 52

Skogen Capital Lending

FEBRUARY 14, 2023

Working capital plays a vital role in the success of a business. Small business owners often have more difficulty than larger institutions when it comes to accessing capital, which means it can be important to look at financing options like SBA loans in order to stimulate cash flow. However, the SBA does not directly lend the funds.

Small Businesses 97

Small Businesses 97

Credibly

JANUARY 30, 2024

How does it work? What about construction receivables financing? Right fit financing—for the way you do business. One of the primary benefits is how fast invoices can be processed, often within days, eliminating the lengthy wait times that can span months. What is construction invoice factoring?

Invoice Amount 52

Invoice Amount Invoice Collections Small Businesses 52

Lendio

NOVEMBER 15, 2023

How to start a food truck. How to start a food truck. Secure financing. Purchase your supplies and equipment for your food truck. Do you know how to take something complicated and simplify it, so that it works in a food truck? Secure financing. Conduct market research. Get your truck (or car).

Credit and Collections 52

Credit and Collections Transactions 52

Lendio

APRIL 19, 2023

As a small business owner, knowing how to raise capital for your business is crucial to its longevity. If you’re looking for working capital, a 7(a) loan may be the one you need. The money can be used for a variety of purposes, but how much you can borrow will depend on your creditworthiness.

Credit and Collections 52

Credit and Collections Credit Scoring Small Businesses 52

Lendio

NOVEMBER 13, 2023

The nature of the work involves significant upfront costs, from materials and equipment to labor and permits, all to be paid long before a project reaches completion and payment is received. Construction factoring is a type of financing that allows construction companies to use their customers’ pending purchases (i.e.

Credit and Collections 52

Credit and Collections Credit Scoring Small Businesses 52

Credibly

JULY 26, 2023

In this blog, we will cover what is entertainment business , how to evaluate the right funding source, and how it can be used to continue providing enjoyment for your target audience. However, a challenge for some business owners may be meeting the minimum eligibility requirements to qualify for financing.

Credit Scoring 40

Credit Scoring Small Businesses 40

Credibly

OCTOBER 31, 2023

What you can do before your loan goes into default Does defaulting on a business loan affect my personal credit? Looking for a better way to handle finances? We’ll also explore proactive measures you can take before and after a default, and how certain business loans might impact your personal credit. What if I had an SBA loan?

Default 40

Default Credit Scoring Credit and Collections Bankruptcy 40

Lendio

MARCH 13, 2023

If you’re in the process of starting a law firm , one of your main concerns is likely how much it will cost. There are many variables that factor into the actual cost to begin your own practice, not to mention how you will fund the whole endeavor. How Much Does It Cost to Start a Law Firm?

Law Firms 52

Law Firms Cybersecurity 52

Credibly

NOVEMBER 8, 2023

You’re weighing your financing options, and you might even be facing a funding gap before you can make the next move. This is where mezzanine financing can help. With mezzanine financing, you’re in the driver’s seat. Mezzanine financing is also making a comeback : $30.1 Speak with a finance expert today.

Default 52

Default Small Businesses 52

Credibly

NOVEMBER 28, 2023

How lenders set your factor rate Which loans and other financing products use factor rates? Financing language can be a little much. In this guide, we’ll get into factor rates, exploring their nuances, benefits, and how they compare to other rate types. Have Questions About Financing? What’s the difference?

Credit and Collections 40

Credit and Collections Small Businesses 40

lsq

OCTOBER 12, 2023

The shift from lending to deposit generation is leaving many businesses without access to financing options. With the rise of interest rates and an uncertain economy, access to working capital needed to maintain operations is increasingly difficult for businesses today. and creates a stronger funder and business relationship.”

Credit Risk 52

Credit Risk Small Businesses 52

Lendio

MAY 4, 2023

But how does a business get to this point? Fixed expenses, such as rent or equipment costs, can be challenging to reduce quickly. The first step is to work on increasing your revenue. There are various types of financing available to small businesses. What Causes Negative Cash Flow?

Credit Scoring 52

Credit Scoring Bankruptcy Small Businesses 52

Lendio

MAY 30, 2023

Business loans can finance a new franchise location, but certain loans and lenders are a better fit for franchise businesses. Franchisors often provide financing that is personalized for the needs of a new franchise location. Franchisor Financing Franchisors may assist new franchisees with financing and offer discounts on fees.

Credit Scoring 52

Credit Scoring Credit Unions Small Businesses 52

Lendio

OCTOBER 27, 2023

In this blog post, we’ll explore some of the most popular choices for how to get money to start a business. It’s a great way to keep you in control of your finances and avoid taking on debt. This method usually requires a lot of hard work, sacrifice, and creativity, but it can pay off in the long run.

Credit Unions 52

Credit Unions Small Businesses Credit Scoring Transactions 52

Lendio

MARCH 15, 2023

In the early stages of business ownership , you might decide to simply use your personal bank account for your business finances. Separate Your Business and Personal Finances Once you get serious about your business, it’s important to set up a separate bank account so you draw a clear line between your business and personal expenses.

Deductions 52

Deductions Credit Card Payments Credit and Collections Invoice Collections 52

Lendio

JANUARY 31, 2023

Small Business Administration (SBA) loans are some of the most desirable and sought-after financing options available for small business owners. You’ll discover how to find an SBA lender, the documentation you need to gather for your loan application, and other important details about each loan option. This process also takes time.

Small Businesses 52

Small Businesses Credit Scoring Transactions Default 52

Lendio

DECEMBER 7, 2023

After all, they will already have all their equipment and installers on site, and they’ll get a discounted price on the vinyl fence pieces because they’ll be buying it in bulk for this project. They band together to purchase necessary supplies, from medical equipment and pharmaceuticals to office supplies and services. What is a GPO?

Current Receivables 52

Current Receivables 52

Prime Commercial Lending

APRIL 26, 2023

Finding the right financing for your business is crucial to long-term success. There’s no such thing as “one size fits all” Institutional channels and others offer cookie-cutter loans – that is, set loan amounts no matter how much is needed. AR financing can turn those receivables into cash quickly. Same interest rates.

Small Businesses 40

Small Businesses 40

Prime Commercial Lending

AUGUST 17, 2023

Whether it’s for expansion, inventory, payroll, or an unexpected expense, business financing can serve as a lifeline. Among the various financing options, unsecured business financing stands out. Let’s explore the seven key benefits that make unsecured business financing an attractive option for business owners.

Credit Scoring 40

Credit Scoring Small Businesses 40

The Red Spectrum

MAY 16, 2023

These loans can be used for various purposes, such as starting a new business, expanding an existing one, purchasing inventory or equipment, managing cash flow, hiring employees, or investing in marketing and advertising. They offer financial flexibility, business growth opportunities, and working capital management.

Small Businesses 55

Small Businesses Credit Scoring 55

Credibly

JULY 4, 2022

Collateral might be a physical asset like property, inventory, equipment, or a vehicle. Secured loans are commonly used for mortgages, vehicle purchases, and business financing. . Unlike business loans secured with collateral, an unsecured loan agreement does not require collateral. Working Capital Loans.

Small Businesses 40

Small Businesses Credit and Collections Credit Scoring 40

Lendio

OCTOBER 11, 2023

How to open a restaurant Let’s dive into the step-by-step roadmap of opening a restaurant, addressing everything from securing startup funds and choosing the ideal location, to devising a standout menu. Keep in mind the cost of ingredients and equipment needed to execute your menu items efficiently.

Small Businesses 52

Small Businesses 52

Credibly

MARCH 27, 2023

What Does it Cover? How Franchise Insurance Works Factors Involved in Franchise Insurance Types of Franchise Insurance You Might Need Owning and successfully running a small business or a franchise comes with many responsibilities—one of the most important is being properly insured. What Does it Cover?

Insurance Companies 40

Insurance Companies Cybersecurity Small Businesses 40

Credibly

MARCH 27, 2023

What Does it Cover? How Franchise Insurance Works Factors Involved in Franchise Insurance Types of Franchise Insurance You Might Need Owning and successfully running a small business or a franchise comes with many responsibilities—one of the most important is being properly insured. What Does it Cover?

Insurance Companies 40

Insurance Companies Cybersecurity Small Businesses 40

Due

JUNE 19, 2023

Does it seem like everyone these days has a home-based business? Being careful about where you spend your finances can pay off handsomely in terms of your net revenue. Fortunately, it doesn’t take a lot of work or sacrifice to trim some pennies here and there. You’ll spend less time running your HVAC equipment.

Deductions 72

Deductions Small Businesses 72

Due

JULY 13, 2023

How does it feel to be your own boss rather than working for someone else? Maybe you’ve always fancied owning a business and celebrating flexibility at work. Whether you are tired of working for your company or want to start a zero-capital business as a side hustle, you have tons of opportunities.

Small Businesses 52

Small Businesses Transactions 52

NorthOne

MAY 3, 2023

However, you’re also doing a fair amount of clerical work: writing work orders, sending invoices, ordering parts, and more. The question is, how can technology help you? Do you need software to manage work orders? From the office to the jobsite, there’s a world of options out there to help you get work done.

Transactions 52

Transactions Small Businesses 52

Due

MAY 24, 2023

Finance geeks are notorious for being hard to please due to their heart for value and their brains for constant cost-benefit analyses. For the holidays , birthdays , or just to show your appreciation, here are 25 finance gifts for geeks like you and me! After that, add your learnings and how you can improve for the following month.

Credit and Collections 75

Credit and Collections 75

NorthOne

JANUARY 20, 2023

It’s the factor that determines your ability to expand your offerings and services, affects how you can increase your reach to new audiences, and impacts your ability to keep your business running. If you’re not sure how to do that, you’ve come to the right place—read on to learn everything you need to know about cash flow statements.

Transactions 52

Transactions Small Businesses 52

Lendio

APRIL 19, 2023

To become a residential real estate agent, you should be well-versed in administrative work, research, and marketing, and check your state’s licensing requirements to ensure compliance. Additionally, commercial real estate deals more heavily with leases than residential real estate does. Home flipping averages at $62,900 per flip.

Brokerages 52

Brokerages Credit and Collections Deductions 52

NorthOne

MAY 12, 2023

Below is the transcript of our interview with Matt: A Legacy in the Trades Can you tell me about your family history of working in the trades? He’s still building at 70, and I occasionally work with him. What led to you working in the trades as well? What does your role as General Manager at Panella Construction involve?

Bankruptcy 52

Bankruptcy Small Businesses 52

The Red Spectrum

JUNE 21, 2023

Some common options include term loans, lines of credit , equipment financing, and Small Business Administration (SBA) loans. Look for testimonials or case studies that demonstrate their expertise in working with small businesses. How do I know which loan type is best for my business?

Small Businesses 52

Small Businesses Credit Scoring 52