FINANCING

Since there are different types of small business loans there is not just one average interest rate, there is a range of rates. Interest rates vary depending upon the type of small business loan, installment or business lines of credit. Taking into account variances due to region, industry and credit ratings here are the average [...]

Recently, my reader, Sylvia Davison from Omaha, Nebraska asked me this question about Kabbage loans: Does Kabbage require a personal guarantee for my business loans? Short Answer: Yes, as compared to many other lenders who also require collateral to secure your loan, Kabbage does not because their loans are unsecured which allows startups and growing [...]

  Are you one of the many smart entrepreneurs that are confused about working capital? I was. Perhaps your accountant’s explanation made your eyes glaze over – like mine did. From one entrepreneur to another, you need to get wise about working capital, today, if you plan to keep your business doors open. Because the [...]

Entrepreneurial ladies, are you looking for a list of small business grants for women starting a business?  This list of entrepreneur grants, with links to applications and guidelines sites, will help you start up your new women-owned business. In the fast-changing modern market, entrepreneurs need access to new funds for new product ideas, research funds [...]

A key survival skill that all entrepreneur bootstrappers need to know is how to generate cash in their business quickly. The ability to withstand and manage the up and downs of cash flow makes the critical difference between business success and failure.   I learned this lesson while in the small business trenches of a fast-growing [...]

“Where is my startup capital?” That is the question that bursts most business bubbles 🙁 Most of us dream of being our own bosses, wearing our desired style to work or maybe even working from home in our pajamas. But this one stone seems to trip us over. Here, we are going to explore together [...]

Get the Cash to Get Your Business off the Ground “Chase the vision, not the money; the money will end up following you.”  –Tony Hsieh, Zappos CEO After being involved with dozens of baby businesses (mine, friends’, and clients’), I heartily agree with Mr. Hsieh. Starting your own business to get rich is backward thinking. [...]

Most businessmen are no stranger to small business loans. They’re often familiar with its monthly or annual interest rates (negotiated or non-negotiated), payment terms (which likewise may or may not be negotiated) and the rest of the dynamics that come into play when taking out a business loan. The good thing about this is that [...]