One of the qualifications of getting a loan from a bank is that you should have a good credit rating. This sometimes limits some business owners looking for additional sources of finance. Unlike personal loans which need a high credit score, you can get other types of loans to fund your business. You need to […]

There are numerous sources that entrepreneurs use to get business loans. Some include banks, personal credit cards, and commercial lenders. During the loan application, it is not a must that you specify the type of loan you need. The lender can help you determine the right type of financing to match your business needs. You […]

If you are looking to fund your business, you may consider business loans to make it progress. Sometimes, your personal finances may find their way into the picture. If you don’t have a business track record or assets, the lender may need a personal guarantee before approving your loan. Making the guarantee involves promising to […]

Starting a business is a brilliant idea that can help you gain profit and establish it. For this to happen, you need to have some capital to start a small business. Borrowing a business loan can be challenging due to a long, complicated process. There are different avenues that you can use to get enough […]

Commercial banks do not only work with consumers but also businesses. They help entrepreneurs manage their finances and run their business operations. Both a small or large enterprise can benefit from commercial banking. A sole proprietor can make use of a business checking account to separate their personal finances from the business finances. These financial […]