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 »
Posts Tagged: #hartfordcounty
Are You Credit Worthy?
What are the ‘Five C’s of Credit’ The Five C’s of Credit is a method used by lenders to determine the credit worthiness of potential borrowers. The system weighs five characteristics of the borrower, attempting to gauge the chance of default. The Five C’s of Credit are: Character Capacity Capital Collateral Conditions Banks use rigorous policies and analyses when determining… Read more »
5 Types Of Small Business Loans
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… Read more »
Strategies To Securing Small Business Loans
Strategies To Securing Small Business Loans If you need financing, what’s the first thing you should do? Head to the bank? Post on Kickstarter? Go on ABC’s “Shark Tank”? In a world where the finance industry has developed a product to take advantage of many well-meaning entrepreneurs (i.e. “the business cash-advance”), where companies promise you… Read more »