Archive for the 'Business Loans' Category
Dun & Bradstreet: all trade, all the time
A friend of mine, who started a new commerce, wanted to find online resources to help him out. He said the most helpful website was AllBusiness.com.
Well, The Dun & Bradstreet Corporation (NYSE: DNB) would concur. The company agreed to pay $55 million for the web property.
AllBusiness….
Debt Collection for Business Success
Every business functions of the basis of sales and payments. It is not possible to run a successful venture if debts are not recovered. There is no place for charity in the world of business. Hence, there should be written down procedure regarding the collection of money that lies pending with a num…
Selling Your Business Note
Before I go further, let me ask a question- if you won the lottery tomorrow, would you take the payout in a lump sum or in monthly payments?
Most people would take a lump sum because even though it might be less than the total prize, they would have control over a large sum of money now and could…
What are business loans ?
Business loans can be defined as money lent for a specified amount of time at a specific interest rate to a specific person or people that operate a business or plan to operate a business. This definition is very broad, but so are the various types of loans available to business people. Deciding on …
Who gives business loans ?
The most common type of lender is the commercial bank, credit union, savings and loan companies, or investment companies. These lenders offer business loans, however, often times these loans must be secured. This could mean offering up your personal assets as collateral. Although, the business is yo…
Typical Rates & Fees Associated with Business Loans
When acquiring a business loan, one can expect to pay different rates and fees based upon the years the business has been in operation, the owner’s personal credit history, the business’s credit history, and whether or not the loan is secured or unsecured. If the loans are guaranteed, whether or…
Business Loan Uses
Ever heard the saying, “It takes Money to make Money”? The principle of borrowing money from banks and other credit agencies to make money has been a relatively basic assumption since early trade days. Existing business owners may want to expand their business, buy more inventory, or even hi…
The History of Business Loans
The first business loans possibly date back to ancient Greece. One of the most important services offered by Greek bankers was the lending of money to finance the carriage of freight by ships. They also lent money for mining, and construction of public buildings. Later, during the middle ages, t…
Direct Loans 101
Direct loans are convenient, flexible and simple. A Direct loan is a loan by a lender to a customer without the use of a third party. This type of loan enables the lender to have greater discretion in the distribution of loans. Typically the lender is the U.S. Department of Education rather than…
What Business Lenders will Lend Money For
Starting a new business is hard work at the best of times. Growing an existing business can be even harder. In each situation you need money to move forward. Some growth opportunities are finite and will be lost if you don’t act quickly. This is why just waiting to build up your funds, not matter …
Business Loans for Startups: How to Get Approved
Businesses have trouble securing finance at the best of times. Normally you have to have two years of solid financials before a money lender like a bank will even consider lending you money. Often you need to have a strong personal credit record to be eligible for a decent business loan from sta…
