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Articles posted by Josh Hart

DEC
06
0

If your small company requires more cash than can be accommodated credit lines, it may be inevitable to fund expenses through a small business loan. As with any method of financing, debt structure and payment plans will depend on the lending source, credit history and the overall health of the business. However, the first decision a business owner needs to make is deciding what type of financing works best for them. In this post, we will look at three examples of funding; Unsecured Business Loans, Secured Business Loans, and Alternative Financing.
NOV
14
0

It is the holiday season once again, time for jingles, presents, and seasonal hiring. Moreover, If your company is like approximately ten million other businesses out there, then you will be looking to take on some seasonal employees to get you through the holiday rush. Here are some tips from BizLender to make your holiday hiring more effective.
NOV
07
0

In the realm of the startup businesses, the ultimate goal is securing venture capital, yet for many startups bootstrapping is usually the reality. Moreover, self-financing emphasizes business credit. If you are an entrepreneur, navigating the lending environment today can feel like chasing your tail. Conventional lenders and investment banks are hesitant to lend until you have established yourself with a substantial credit history. However, the question then becomes; how can you establish good payment history if you are not able to secure funding in the first place?
NOV
02
0

If there is one absolute that small business owners strive to accomplish, it would be running their business in a favorable cash flow position. Such a condition symbolizes a healthy company and possessing the capital on hand cover expenses and to reinvest or expand is crucial for success. The actualities of entrepreneurship do not always allow for such perfect conditions. Even if a business is not underperforming, external factors like future payments, market disturbance or lead flow can strap a companies working capital from time to time. The point is that having positive cash flow is key to maintaining business functions day-to-day as well as long-term business growth. However, all too many business owners can attest to the challenges when cash flow obstacles go unresolved too long and become burdens too great to carry and ignore. There are some adjustments owners can execute to increase cash flow, like updating their business models and goals, expanding into new demographics, but an inevitable step in most instances is shoring up working capital resources.
OCT
27
0

You have handed out business cards, printed flyers, sent out mailers and postcards, blasted all your followers on social media, and still, you are not driving the traffic and leads required to grow your business and build your brand. Don't panic there as many ways to generate leads for your business. Here is a list of BizLender's favorites.


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