Despite the improving economy and credit environment, there are many mid-sized firms that still have a hard time qualifying for traditional bank loans and lines of credit. An asset-based loan can be advantageous for companies that often include fast-growth businesses, businesses with heavy seasonal inventory...
A line of credit is one of the most useful and versatile financial tools available to mid-sized businesses.
It allows businesses to borrow funds that have been pre-approved in order to meet everyday operating expenses and meet short-term liquidity needs, as well as make seasonal inventory...
When it comes to obtaining business financing, owners and entrepreneurs have two main options: debt or equity. Debt is simply a loan, usually from a bank, that must be repaid with interest, while equity is the sale of ownership shares in the business to outside...
To meet their ongoing capital needs, owners often turn to banks for a working capital loan.
Most entrepreneurs and owners of mid-sized businesses know all too well the truth of the saying, “It takes money to make money.”
It takes capital to get a new business off...
When it comes to raising money for their business, owners and entrepreneurs often focus a lot of time and attention on drafting a solid business plan. While a business plan is important, a pitch deck might be even more critical as a fundraising tool.
Yes, the business plan...
Brand new entrepreneurs often start new companies with dreams of grandeur and visions of dollar signs dancing in their heads. After all, starting a successful new business is one of the best ways to accumulate significant wealth and achieve financial independence — not only for...
The catch-phrase “Show me the money!” was immortalized in the movie Jerry Maguire when the title character and his client, pro football player Rod Tidwell, scream the line back and forth at each other over the phone. Tidwell, of course, was telling his agent Maguire to negotiate a big...
Despite the rise in recent years of the IT and professional service industries, it’s the manufacturing industry that keeps the gears of the U.S. economy running smoothly. After all, manufacturing businesses build things that we use in our everyday lives — from cars and washing machines to furniture and...
Businesses have three main options available to them when it comes to raising business capital: debt, equity and retained earnings. There are many different factors that go into how owners and CEOs choose from among these options when structuring capital, including the hurdle rate, internal rate of return (IRR),...
One common way for new businesses to raise startup capital is to conduct rounds of financing among angel investors, venture capitalists and high net worth individuals. This is often preferable to trying to obtain a bank loan because banks are usually hesitant to lend money to startup firms that...