You’re ready to grow. But where will you find the financing to make it happen? Moreover, where should you start your search? Today business owners have more options than ever—and may need to explore every one of them. According to a recent Federal Reserve Bank study, more than 65% of business owners who applied for credit were declined or weren’t able to get as much as they needed. Source: Choosing The Right Financing — Where to Find Capital to Grow Your Business! | SCOREContinue Reading... No Comments.
Getting money for your company does not have to be a complicated procedure. If you have all of the basics in place, including a business plan, tax and business identification numbers, business bank account and other basic fundamentals, then you are ready to pick the type of financing you want to seek. For most small businesses just getting started it can seem like an uphill battle. Unless you use your personal credit to back a loan many lenders baulks at helping to finance a business just starting out. There are ways to increase your chances even at the beginning. First have a killer business plan set up, then look for […]Continue Reading... No Comments.