Business lines of credit can be incredibly useful for businesses of all sizes and shapes, however they are not all sunshine and rainbows for the companies involved. In addition to adding some security for slow times and another buffer...

When applying for a residential or commercial loan it is important to understand the difference between DSCR and DTI. When it comes to residential lending, majority of the time the loan originator will do an analysis to make sure...

The Small Business Administration is set up to facilitate the establishment and ongoing health of businesses with less than $7 million net worth and less than $2.5 million in profits after taxes. SBA loans are one of the ways...

Some options to consider for Alternative Financing Many businesses, at one point or another, will require a loan. Needing a loan is not necessarily a sign the company is struggling. Many companies rely on loans to pay bills on time...

There are numerous types of financing those in the real estate market can acquire. Each one will be advantageous at certain times over others, and it pays off to learn when to use each one. One loan type that...

Individuals and businesses alike need to keep track of their finances and ensure they are not spending more than they are bringing in. Business accounting consists of many principles that can be tricky to nail down, especially for first-time...

There are numerous things to take care of when you start a new business. One of them should absolutely be establishing a line of business credit. This is separate from your personal credit score, so start taking actions before...

Everyone should be aware of their personal credit score. This is a number that impacts whether a bank will provide you with a loan to purchase a car, house or another essential item. However, when you are an entrepreneur,...

Companies are complex. They often cannot be defined by simple terms, which is why it is important to understand the definitions of various terms. Business operations may sound all-encompassing, but it involves several measures that are essential to keeping...

Many entrepreneurs starting out wonder if they truly require a business plan for their new company to be successful. The short answer is a resounding, “Yes.” While it can certainly take a long time to adequately develop a detailed...