How to Build and Improve Your Business Website

2020-06-30

Minyang Jiang

Updated June 30, 2020 Creating a business website is one of the most crucial ways to build a brand and market a product or service. A business website will help spread awareness for your business and give consumers a chance to learn more about what you do. Even if you don’t plan to sell your […]

Small Business Marketing: 11 Ideas and Strategies to Market Your Small Business on a Budget

2020-06-16

Minyang Jiang

Updated June 16, 2020 As a small business, efficient marketing is critical. Most small businesses do not have comparable budgets to large corporations, despite having to compete with them for the same customers. However, by taking advantage of free marketing solutions you can drive significant demand without fronting a large cost. Below, we highlight 11 […]

Cash Flow Statement: What You Need to Know

2020-06-10

Minyang Jiang

Updated June 10, 2020 One of the most important things to understand while running a small business is the concept of cash flow. After all, it is critical that businesses have enough money flowing in to keep up with expenses and fund growth. Below, we outline the fundamentals of cash flow statements as well as […]

5 Things to Know Before Getting Business Financing

5 Things Every Small Business Owner Should Know Prior to Securing a Loan

2019-07-03

Minyang Jiang

Small businesses are often referred to as the engine of our economy, driving as much as 64% of new private-sector jobs in the United States. When small-business owners face the dilemma of obtaining financial backing to sustain operations, expand the business, or purchase inventory, they frequently turn to small-business loans. Nearly three-fourths of all small […]

Credit Score Factor in SMB Lending

Credit Score Isn’t The Only Factor to Focus on When Applying for a Business Loan

2019-04-15

Minyang Jiang

In order to obtain a business loan, many (if not most) loan providers will take a hard look at your credit score. That makes sense since your personal credit score and your business credit score are fairly strong indicators to lenders as to whether or not you’re a reliable borrower. Your credit score(s) will serve […]

worst reasons to take out a business loans

The 4 Worst Reasons to Take Out a Business Loan

2018-11-23

Minyang Jiang

By Ben Goldstein Before you take out a loan for your business, you have to ask yourself one question: Will this money help my business grow? If the answer is yes, you’re golden. But if you’re only looking to sustain a sinking operation or slap a band-aid onto a larger financial problem, then getting yourself […]

Upset business owner recovering from a rejected loan application/

Rejected For A Loan? Do These 9 Things Right Now

2018-05-25

Minyang Jiang

Having your loan application rejected is a wake-up call that your credit or business health isn’t as strong as you thought (or hoped) it was. It can be a very demoralizing experience—especially if you were counting on that financing to sustain your business operations. When a loan application is denied, it can usually be traced […]

Business Loan Terminology

Small Business Loan Terminology — Speak the Language, Save Money

2018-02-23

Minyang Jiang

When you’re applying for financing, all the business loan terminology can be overwhelming. Here are a few lending terms that you’ll encounter along the way.

Applying for a Business Loan? Avoid These 5 Mistakes

2018-02-23

Minyang Jiang

Just a few small mistakes on your loan application can kill your chances of being approved. Here's how to raise your odds when applying for a business loan.

5 Common Uses of Emergency Small Business Loans

2018-02-23

Minyang Jiang

No matter how financially stable your business is, there’s always the risk of an unexpected emergency that costs you more money than you have on hand.