Two years ago, in the midst of global pandemic, financial analysts predicted 2023 as a time for financial recovery. But rising inflation, unreliable supply chains, months of major tech layoffs, and potential for financial recession have small business owners forecasting their economic future with some anxiety. As a business owner or entrepreneur considering the year […]
For small business owners, every penny counts. Budgeting is a critical part of protecting your business’s financial health and establishing short and long-term financial goals. Without a budget or the right tools in place, it’s easy to lose track of what money is going out and coming in, creating cash flow problems, an inability to […]
The economic collapse of 2008 negatively impacted individuals and business owners alike across the country. But while many were drowning in their sorrows, Raj Tulshan saw a silver lining, or rather, a major opportunity. Tulshan recognized the financial landscape had changed and needed efficient and innovative industry leaders to navigate the uncertainty of what was […]
Capital is vital for a small business to start, grow, and keep their business up and running. While small business loans can give you the resources you need to run a successful operation, the process to obtain financing isn’t without obstacles. During the loan application process, it’s essential to do your due diligence and ensure […]
Securing the right financing is a critical part of running a successful business. While access to funding can support operations and influence growth, it can also come at a cost. Like any agreement, reviewing the fine print associated with small business loan applications is essential and should be a top priority. Down the line, you […]
Securing financing for a small business can be a difficult task. Banks reject roughly 80 percent of small business loan applications, leaving applicants searching for other options. While the strict standards put in place by traditional banks and credit unions regarding business owners’ creditworthiness and ability to repay loans are intended to minimize risk, they […]
As a business owner, it’s important to know the resources available that best support your business. In the wake of the pandemic, loans and grants have been a lifeline for businesses more than ever. For small businesses, the competition for resources and relief programs can be challenging, so it’s critical to be prepared to apply […]
When it comes to funding your business, you have many financing options. If you’ve decided that borrowing money from a lender needs to be a part of your funding plan, there are many things you can do to increase your chances of getting the best possible loan, including different kinds of research, some careful planning, […]
You have an array of funding options to choose from if you’re looking for financing for your business. When deciding what type of financing is best, it’s essential to identify your needs and compare loan and product options. Familiarizing yourself with the products available is key to your financial future; you need to gather correct […]
As you look to the future for your business, needing additional funding for expansion, growth, or remodeling means you’ll need to apply for a loan. Since your credit score will affect your ability to get a loan and your interest rate, it’s essential to make sure it’s at a certain level. According to a poll […]
