Is a term loan right for your business, or would you be better off with alternative financing, such as a business line of credit, or equipment financing? Here’s how you decide if a term loan is your best funding option: What am I using the finds for? Although you can use them to ...
How to get a short-term business loan in 5 steps If you have urgent cash needs for your business, a short-term loan may be the right funding choice. Here’s how to get a short-term business loan in five steps. 1. Determine how much funding you need ...
When it comes to how to get a business loan, there are a number of factors to consider, including how much funding you need and repayment terms. For term loans, you’ll also need to demonstrate profitability and longevity, plus meet the eligibility requirements, such as a minimum credit ...
While your business information is used to underwrite a QuickBooks Term Loan, as the guarantor, you’ll be responsible for repaying the loan in the event your business can’t. So your personal credit history provides important information that helps determine whether you qualify to guarantee the ...
In this scenario, small business financing can be a lifesaver. If you’re looking for financing, you’ve probably considered taking out a term loan. Before committing to this type of loan, it’s essential to understand what it is and how it differs from other options out there. Editor’s...
If you decide that you can’t avoid taking on a loan, first make sure you have considered all your other options. Many of my clients are stunned to find out they are eligible for loans backed by the federal Small Business Administration. While there’s a lot distrust about the government...
Business Whether you’re looking to acquire new equipment, expand your inventory or open in new locations, a term loan can help you achieve the big goals you have for your business Ready to Apply? Call our 24/7 Business Helpline 1-800-769-2520...
on an Unsecured Small Business Line of Credit or Term Loan.[1] If your business is in a Low-to-Moderate Income location, you are eligible for this great offer from PNC. Unsecured Small Business Loan Best for businesses that want an unsecured term loan, with a simplified application and dec...
A term loan usually involves an unfixed interest rate that will add additional balance to be repaid. Term loans can be given on an individual basis but are often used for small business loans. The ability to repay over a long period of time is attractive for new or expanding enterprises,...
What are the mechanics of long-term business financing? How do long-term loans support business growth? Where can I get a long-term loan? How can I use a long-term loan? Is a long-term loan or a short-term loan better for my business?