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How to Get a Mid-Term Business Loan What is a Medium-Term Loan? Medium-term loans are business loans offered by banks and BitX Funding. They typically offer fixed interest rates and flexible payback terms that last between one and five years. Depending on the loan, you typically have the option to repay in monthly or bi-monthly installments with… Read more »
How to Get A Personal Loan for Business You can use a personal loan to fund your business, but the question is: should you? Here are some common reasons you might use a personal loan for business: You don’t yet own a business: If you are in the beginning stages of your business and haven’t yet opened… Read more »
Advantages & Disadvantages of Short Term Business Loans One of the most important components of running a business is finding ways to effectively allocate capital. With a sound financial plan, your business can minimize operational costs and maximize potential growth. If your business is unable to get the additional capital it needs from a bank,… Read more »
How to Get Small Business Startup Loans? Are you an entrepreneur looking to start a new business? Do you need access to liquidity for working capital, to purchase inventory, rent, or make payroll? This blog will show you two ways on how to get small business startup loans fast. No need to wait 90… Read more »
Simple Way to Get A Business Line of Credit We all understand how to get and build personal credit: Pay your bills on time. Do not have too much debt. But business credit? That often seems like a mystery for many small businesses, a seemingly foreign and exotic world to many small business people…. Read more »
Stop Worrying About How to Get Funding for Outstanding Invoices As a small-business owner, you can turn your unpaid customer invoices into fast cash with invoice factoring and its closely related counterpart, invoice financing. These options are best for business owners whose customers do not pay for goods or services right away but who need… Read more »
Business Loans to Reopen Your Business We are beginning to reopen our doors for business now that we are on the backside of the COVID-19 curve. Bringing our employees back to work is critical to the economy. We can’t count on the government forever because soon the programs such as Paycheck Protection Program and EIDL… Read more »
PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET BitX Funding is committed to supporting small business through the COVID-19 outbreak and helping them through a very stressful time, BitX receive calls from small businesses with W2’s, 1099 and sole proprietors confused on where to begin. BitX platform and customer service are here to make a frictionless process… Read more »
Stop Worrying About How to Get Inventory Financing for Amazon? If you’re looking to expand your Amazon retail business, one great way to do so is by diversifying your inventory or products. However, this usually requires having additional working capital, which can be hard to have unless you look at outside sources. Deciding when (and… Read more »
5 Steps To Perfecting Your Business Credit The Paydex score or business credit is a system that Dun and Bradstreet instituted as a measure of creditworthiness for businesses. It is very similar to the FICO credit scoring system that is used to track consumer credit. Whether your small business is new and has not yet… Read more »
