The Debt Snowball Method

Using the Debt Snowball Method to Clear Small Business Debt


Minyang Jiang

Running a business is difficult – it’s even tougher when you have to keep up with increasing bills every month. Entertaining clients and placating impatient creditors can be brutal, but it’s something you have to deal with. The big question is how will you deal with small business debt? There are many methods for paying […]

How to Hire a Collection Agency

How to Hire a Collection Agency: 9 Questions Small Business Owners Need to Ask


Minyang Jiang

When customers owe you money, trying to collect those debts by yourself can be a huge challenge. Not only is it time-consuming to track down delinquent payers, asking clients for the money you’re owed can lead to some very uncomfortable conversations. If outstanding debts are a regular source of stress in your business, you might […]

Upset business owner recovering from a rejected loan application/

Rejected For A Loan? Do These 9 Things Right Now


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 […]


Debt vs. Equity Financing: What’s Best for Small Business?


Minyang Jiang

Debt and equity financing both have their strengths and weaknesses. With so many options in each category, how do you know what’s best for your business?

loans for self employed

How To Get a Loan When You’re Self Employed


Hana Dickman

Being self-employed puts you at a disadvantage when you're applying for a loan — but planning and preparation can make a huge difference.


When and How Should Your Business File for Bankruptcy?


Hana Dickman

If your small business is failing, bankruptcy may be your best option — but it has to be handled the right way.


The Difference Between Growth Capital and Working Capital


Hana Dickman

An understanding of how capital works — along with the differences between growth capital and working capital — is critical for a business to be successful.


What is Debt Financing? | Credibly


Minyang Jiang