Assisting you in establishing your own business is not the sole reason why private institutions and government agencies offer small business startup grants. If these institutions show an interest in your project then only will they give you the grant. Simply having a good idea will not automatically mean that you will be given the [...]
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Sat, September 27 2008 » Angel Investors, Bad Credit, Grants » No Comments
Grants come in a wide array of sizes, for a broad array of purposes, from a myriad of sources. While most grant information rests at the Federal level, there are plenty of other sources of funding for a business startup out there. This article will focus on getting grants from your local community.
First, there are [...]
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Sat, September 27 2008 » Angel Investors, Bad Credit, Grants » No Comments
It takes a lot of money to get a business up and running, and there are a lot of things that you can do to get the money that you need to start up your own business. Now, there are a few things that you need to know. First of all, business startup grants that [...]
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Sat, September 27 2008 » Bad Credit, Grants » No Comments
This term refers to getting a short-term loan based on the financial strength of your accounts receivable. This means that you sell the accounts receivable of your business to the factoring company at a discount in exchange for getting money now. Factoring is useful when you have to meet your business obligations, such as paying [...]
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Fri, September 28 2007 » Asset Based Business Loans, Bad Credit, Business Loans » 9 Comments
Most commercial banks will shy away from clients with credit problems. However, there are organizations that specialize on clients with bad credit, no credit, or with a short credit history. These lenders have the most flexibility when lending and their loans usually carry a higher interest rate. These institutions lend lower amounts and in most [...]
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Wed, September 26 2007 » Asset Based Business Loans, Bad Credit, Business Loans » No Comments
This is one of the most expensive and risky forms of financing. In this arrangement, you will assign your purchase orders to a third-party lender. The third party will be in charge of billing and collecting on the purchase orders. Usually this happens in cases where the company requires cash to manufacture orders.
You would use [...]
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Mon, September 17 2007 » Asset Based Business Loans, Bad Credit, Business Loans » No Comments
Most commercial banks will shy away from clients with credit problems. However, there are organizations that specialize on clients with bad credit, no credit, or with a short credit history. These lenders have the most flexibility when lending and their loans usually carry a higher interest rate. These institutions lend lower amounts and in [...]
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Mon, September 17 2007 » Bad Credit, Business Loans » 1 Comment