Business line of credit your best options reviewed for hair salons and spas, bars and restaurants, auto body repair shops, retail stores with physical locations and eCommerce websites with ebay, shopify and amazon accounts. Your line of credit loan questions answered; how it works, how to get approved, use funds. Know which is best for your working capital – business credit line vs credit cards .
More About Line of Credit
Kabbage Loan Calculators – APR, Repayment and ROI
Kabbage loan calculators are great for small business owners, like me, that get easily confused with all the figures, calculations, fees and need help in determining the cost of their business loans.Luckily many top lenders, including my recommendation Kabbage, have created multiple and interactive online calculators to help you better understand the financials of your […]
Kabbage Credit 101: Your Questions Answered
If your small business needs working capital or line of credit perhaps you are considering my recommendation Kabbage business loans, and have a few questions about the minimum credit score. The most frequently asked questions are; does Kabbage do a credit check, what is the minimum credit score and how the application process affects your […]
What to Do When Your Customers Owe Your Business Money
Recently a reader wrote me this email “Help my customers are late in paying my invoices and it is screwing up my cash flow. What should I do? I need the money but don’t want to be pushy and negatively affect my customer relationship.”Have you been in the same seemingly no-win situation? Every entrepreneur and a […]
Ugly Money Mistakes Beauty Salon Owners Make
Every entrepreneur makes mistakes because we are all human and are learning as we go along. So it sure can help to learn from others mistakes to save yourself some headache and money.Our goal as entrepreneurs is to make fewer mistakes than we do successes! Or at least make our successes bigger than the damage […]
Kabbage Loan Agreement: The Fine Print Explained
If you are considering applying for a Kabbage business loan or line of credit you need to know exactly what is contained in the loan agreement documents. Here I decode the fine print in your loan agreement to help you make an informed decision about your Kabbage loan application.I recommend Kabbage business loans, read my […]
Don’t Break the Law with Your Debt Collection Practices
Do you know about small business debt collection laws? Get educated on the law in this article and collect debts owed to your firm in a legally correct manner. Before you begin collecting your debt, then be sure to provide a written notice that collections have begun, within five days once you initially contacted the […]
How to Get a Small Business Loan with No Collateral
Most entrepreneurs don’t have collateral or do not want to secure their business loans with their personal assets such as their home or savings accounts. Many small business loans such as those guaranteed by the SBA Small Business Administration require borrowers to pledge their personal collateral. This often stops many would be new business owners. Have […]
Business Credit Line vs Business Credit Cards?
Two popular short-term small business financing options are business credit cards and lines of credits. This guide will review the advantages and disadvantages of both funding sources to help you decide which business loan is best for your company. Most business owners use business credit cards and credit lines to pay for working capital needs […]