startup capital
Published April 8th, 2008
Consumer loans and small business financing has become incredibly difficult to obtain. What started with the mortgage industry has crept into the small business arena where lenders have tightened up the criteria for lending. This is creating a need for business owners to look somewhere else for financing. With rising defaults in revolving credit, the fees are higher and underwriting is tougher, making it more difficult for small business owners to obtain any sort of financing-even more difficult than in a normal market. Looking for alternatives for financing is where small business owners must look rather than using their credit... Read more
Tags: advice, credit crunch, larry Slusser, startup capital, startup loans, tips
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Published March 4th, 2008
If you’re starting your own business and seeking help with the start up costs, angel investors may be a good place for you to start. Specifically, angel investors are groups of investors who have formed a group, either formally or informally, to help individuals get a business off the ground. Each angel investor network works differently - some may charge a fee to present your business idea, or charge a fee just to be considered. Still others require that a member sponsor you or that all ideas are funneled through the group’s website. Whatever the requirements, ensure that you know... Read more
Tags: angel investor networks, angel investors, Finance, Finance and Accounting, investors, larry Slusser, startup capital
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Published February 27th, 2008
Starting a business doesn’t have to cost a fortune. Many people have a head full of know-how and great ideas, but avoid taking on a new venture thinking there is no way they can get the capital needed to get things going.
The truth is that you don’t have to be a Rockerfeller to start a business. In this article, we’ll take a look at a few businesses that you can start with little to no money - and how to find the customers to keep the cash coming in.
Start With What You Know
Intellect is a great asset... Read more
Tags: Accounting, advice, Finance, Finance and Accounting, Leeia Ladpoh, raising captial, Starting a Business, startup capital, startups, tips
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Published January 21st, 2008
If your business runs into a cash flow problem at some stage (and many do, so you’re not alone), then you may wish to take advantage of a business-to-business cash advance, or B2B advance as it’s also known. The good news with a B2B advance as opposed to a more traditional loan is that you don’t pay the high interest rates, and it can be used for pretty much anything to do with your business.
For example, you may need to acquire extra funds for a business trip to meet an important new client, or pay for accommodation in a... Read more
Tags: advice, cash advance, cash flow, danny brown, fianance, small business, startup capital
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Published January 7th, 2008
One of the hardest things about starting your own business is often capital. Unless you already have a large savings account, finding extra money is often difficult. This is where a business loan is such a Godsend. Business loans can ensure that you have a solid start to your new business, as well as help out if your cash flow is a little dry.
To give you the best chance possible when it comes to getting a business loan, here are 5 tips that you can follow, which will increase the likelihood of you being approved.
Have a Business Plan... Read more
Tags: business loan, danny brown, Finance, Finance and Accounting, loans, Starting a Business, startup capital, startups, tips
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Published January 2nd, 2008
Making sure you have the funds you need to start or grow your business is one of the most important things you can do as a small-business owner. Unfortunately, many loan seekers don’t do the preparatory work necessary for getting a "yes" on the loan application.
Step 1: Write your business plan. Whether you’re seeking commercial financing or a loan from an angel investor, you must be clear about how much you want, what you want the money for and how you plan to repay the loan. The answers to these questions should be spelled out in detail in your... Read more
Tags: Barbara Weltman, BarbaraWeltman.com, Finance, Finance and Accounting, loans, money, sba.gov, startup capital
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Published October 31st, 2007
A small business loan helps small businesses by providing working capital to buy inventory, supplies, a building or other things that your business needs. This can be helpful to business owners who are just starting out, or who need a little breathing room as far as purchasing things for their business. It is basically a certain amount of money that a lender gives to a small business with the agreement of how to pay it back, how much interest will be paid, and how long it will take to finish paying it back.
There are different types of small business... Read more
Tags: advice, Finance, Finance and Accounting, loans, small business loan, Starting a Business, startup capital, startups, tips
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