Certain businesses function under the economic parachute of being “recession proof.” Meaning, no matter what the future holds, these businesses can count on job security because they provide a service that is always in-demand. Don’t let the distinction or supposed security fool you. Sometimes even the “recession proof” among us need a little capital infusion.
The fact of the matter is lending is down. The reasons behind that fact prove far more interesting. Yes, it has to do with the state of the current economy, but only partially. The bigger road block to professional financing are the professionals themselves. This is a topic business owners don’t like to talk about. […]
The decision to apply for an unsecured line of credit should be weighed carefully with equal attention given to the pros and cons of managing the account. To make the wisest decision for your business, it’s best to give each argument individual attention. This article will focus on several benefits that credit lines afford a […]
An unsecured credit line raises many questions for small business owners. A popular enquiry is “who benefits most from the funding”? This is a reasonable question considering lenders make it sound like approval’s guaranteed. If the idea of a risk-free loan with guaranteed approval sounds too good to be true; it is. There’s a grain […]
Debt is a common reality in America’s economic culture and the professional landscape is no different. Everyone has the next quick-fix idea to eliminate it. But is there an effective solution that will allow business owners to re-pay their unsecured credit line quickly? It turns out; the simplest explanation is probably the right one. […]
In business financing, an unsecured credit line is a flexible resource that meets the short-term financial needs of a growing business. You do not have to insure the loaned funds using collateral or assets. Instead, a fixed annual fee is charged when you access the money; the rate varies by credit line. Some lenders even […]
An unsecured line of credit is a viable financing option for businesses in need. There are always two sides to a coin; especially when it’s borrowed. As long as you don’t get in over your head, a credit line may be the solution you’ve been looking for. This article will outline why you should investigate […]
Small businesses are the backbone of American commerce. From convenience stores to small retail outlets, these businesses offer true convenience for customers across the nation. Still, there are several small businesses that cannot compete as easily in this challenging and diverse market.