Investing in a franchise can be a valuable financial venture as well as a calculated career move. By working with an established brand, franchisees have the benefit of business operations that are already in place and practices that have already proven successful. At the same time, owners can be their own boss and hone their business sense by having control over their own corner of the brand. (more…)
In the early years of business, a company’s greatest difficulty is sometimes access to working capital. Even a successful business may find that the initial costs for a business are too great to leave much room for growth, keeping them small for longer than their potential recommends. Without the good credit that only comes after some years in operation, extra financing can be nearly impossible to obtain.
It’s no secret that specialized businesses are struggling in this economy. The neighborhood hardware store is a perfect example. Whether it’s a local mom and pop or a national franchise, businesses like this have a go-to strategy: strike while the iron is hot.
That iron is heating up along with the weather. Pretty soon it will be time to cash in. The Advance Funds Network (AFN) is here to help you prepare with business loans for bad credit. (more…)
Bad credit business loans are marketed as last resort lending because, quite simply, for a lot of businesses that’s exactly what they are: a last resort. Borrowers get denied all the time, professional or otherwise. When a denial occurs, borrowers often waste time spit- balling the motivation behind the denial. This is the equivalent of playing kick ball against the lending curb. If you waste too much time doing it, you’ll never become financially viable.
Since Advance Funds Network (AFN) has become an expert in bad credit business loans, we’ve decided to help you speed this denial and acceptance process up. That way, you can get back to what really matters: improving the financial profile of your business.
This article will take the mystery out of the typical lender denial. (more…)
You’ve heard a lot about business loans for bad credit, but what happens if your poor credit rating isn’t your fault? Apparently nothing; at least that’s currently the case according to a recent study conducted by the Federal Trade Commission (FTC). They reviewed 3,000 credit reports with a pool of affected consumers and found that nearly 21% of the participants had been victimized by their own credit report. Worse yet, over 5% of those reporting errors were enough to lower their credit score.
This economy's hitting small businesses hard. It’s not uncommon to see store closing and going out of business signs adorning the windows of your local shopping center. Still, in these tough times, hope remains. There are brave souls out there looking to transition into a new career or determined to make their mark in the business sector.
There are two businesses that come highly recommended to these new proprietors:
Neither of these investments looks like much on the surface, but dig a little deeper and you may be surprised at what you find out. We don’t have enough time to cover both possibilities in one article, so for clarity’s sake, this one will focus on investing in a DME business.
Hospitals, medical facilities and Doctors offices are full of complex equipment. This equipment does more than keep their operation running smoothly; it saves lives. In this economy, the financial downturn is affecting everyone, including medical staff and administration. They’re outsourcing the supply requests to medical supply companies all over the country.
While this opportunity is an on-site loss for the hospitals, it is a gain for small businesses in the medical supply community. The big question is: if hospitals are struggling due to budget cuts, what do businesses do if their barrier in a bidding war is bad credit? This article will answer that question and more, as we look into finding business loans for bad credit for the medical industry.
Child care is a financial variable. Just ask any single or double-income household. Worrying about paying for your children’s day care is always a financial balancing act. After all, there is the well-being of another person to consider. No, that statement doesn’t refer to the well-being of the child in question or to the financial strain put on the parents. Both areas are important, but there is someone else in this equation that everyone tends to forget about; the child day care provider. Their business goes along with the ups and downs of your household budget - do they have any business credit line options?
Unsecured business loans are an open-ended way to set a course for your professional future. The reality of unrestricted funds can be a little overwhelming; especially if you don’t know what that future looks like.
Instead of scratching your head and wondering what to do next; try asking yourself the following questions:
Is there an immediate need that these funds can meet?
What are some short-term and long-term business goals?
How does investing in recovery and sustainability work?
This article will help you brainstorm and find the best use for your unsecured financing before you apply.
Nurturing Business, Cultivating Hope
