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Business Bank Statement Loans: Why Are Statements Required?

5 minute read

January 25, 2022

Lenders require bank statements for several reasons that you’ll learn about in this post. The main reason, though, is that lenders need to verify that you meet their lending standards. Bank statements help lenders do...

Same-Day Business Loans: The Pros and Cons

5 minute read

January 24, 2022

In business and in life, even the best-laid plans go astray. The good news is, same-day business loans can help small business owners to capitalize on unexpected business opportunities or mitigate unforeseen disasters.

How to Get a Small Business Loan in Vermont

5 minute read

January 19, 2022

Vermont has about 80,000 small businesses, which employ 158,228 workers and account for 60.6% of the total workforce in the state. Most of the small businesses in Vermont are in industries such as professional, scientific,...

The Top Pros and Cons of an Unsecured Line of Credit

6 minute read

January 19, 2022

One of the biggest challenges you may face as a business owner is maintaining an adequate cushion against fluctuations in cash flow. Changes in revenue are normal for many businesses, and in months when you...

How Do ACH Business Loans Work?

5 minute read

January 18, 2022

ACH is a commonly used term in the business world. If you own a business, there’s a good chance you accept ACH transfers from your customers. Put simply, ACH is an acronym for Automated Clearing...

Is It Safe to Get a Business Loan from an Online Lender?

5 minute read

January 17, 2022

Unless you have unlimited cash flow at your disposal, you’ll probably need a business loan at some point in time.

The Pros and Cons of Invoice Factoring for Business Owners

8 minute read

January 5, 2022

When your small business has low cash flow due to outstanding invoices, invoice factoring can be a quick and easy solution. Although it can be frustrating to wait for customers to pay off their remaining...

How to Successfully Secure an Emergency Business Loan

5 minute read

December 15, 2021

In normal times, maintaining healthy cash flow is one of a small business’s biggest challenges. Add the financial stress of the COVID-19 pandemic, and cash flow problems can quickly become dire.

8 Hidden Business Loan Fees to Be Aware Of Before Applying

5 minute read

December 14, 2021

Whether you own a startup or an established organization, a business loan can be invaluable. You can use it to fund everyday operations, equipment, inventory, marketing, and more.