Short-term business loans can give your business the fast cash it needs to bridge cash-flow gaps, handle emergencies and unexpected expenses, or take advantage of a business opportunity. Think of them as quick-turnaround loans: Borrow what you can pay back relatively quickly so you can focus on running your business rather than managing debt. You… Read more »
Posts Categorized: Small Business Loans and Business Credit
Seven Reason for a Short-Term Business Loan
Funding Your Big Ideas with BitX Funding A short-term business loan is a special kind of loan made to small business owners to bridge a temporary gap in the cash flow. The terms for these loans can vary, depending upon your needs. For example, the term of the loan can be for 90 days or up to… Read more »
What To Do When the Bank Says No
It can be hard to grow a business when banks want you to have established business credit or solid collateral and there just isn’t enough yet for you to get approved. Luckily, we live in an era where banks are merely one of many options to choose from. Did the bank say no? No problem! Check… Read more »
What You Need to Qualify for a Startup Loan
While there’s no secret formula to getting a start-up loan, there are certain things you can do to improve your odds. Here’s what you need to be ready for in order to qualify. What Does It Take to Get a Startup Business Loan Typically, to be considered for a start-up loan you need your personal… Read more »
Startup Business Loans
How Does Credit Card Stacking Work? Credit card stacking lets you use multiple credit cards to finance your business. Lenders don’t call credit card stacking by its name because most people have a negative perception about credit cards. Instead, you might see it referred to as an “unsecured business credit line for startups” or “FICO… Read more »
It Was the Best of Times, It Was the Worst of Times: When to Get a Small Business Loan
Times are good. Your business just got a great story written about you in the local paper, your customers love you more than ever. Sales are up, costs are down, the business is humming just like you dreamed it would be. What now? Rest on your laurels and relax? Now would be a great time… Read more »
8 Differences Between a Business Loan and A Line of Credit
When you need some money to start, build, or grow your business, you’ll want to know the differences between business loans and business lines of credit. Knowing the differences will help you make the best decision about what is best for you and your company at the moment you need capital. Here are 8 ways… Read more »
5 Types Of Small Business Loans
Finding the right kind of loan for your small business can be challenging. We’ve broken down five of the top loan types to help make the lending process clearer for your business needs. Long Term Loans If your business is looking to Fund larger projects that pay back over a longer term this option maybe… Read more »
Connecticut’s Small Business Express Lending Program
The Small Business Express Program (EXP) provides loans and grants to Connecticut’s small business to spur job creation and growth. Small Business Express Program Fact Sheet Small businesses with operations in Connecticut, registered to conduct business for not less than twelve months, in good standing with all state agencies and with the payment of all state taxes,… Read more »
SBA LOAN FACTS: Small Business Loans For Women Owned Businesses
ATTENTION FEMALE BUSINESS OWNERS: The Government Wants To Give You Money In fact, it’s funding for female entrepreneurs made big gains this year. U.S. Small Business Administration loans for women were up 18 percent in fiscal 2015 over the previous year, according to the federal agency. The SBA itself posted a record year with a… Read more »