Right now, the US is still riding high on a wave of economic growth. Ever since the Great Recession, we’ve been experiencing more investments, lower
As a small business owner, you know that one of your biggest challenges is ensuring that you have access to capital when you need it. However, all too often, entrepreneurs don’t realize how many financing options are available. Unfortunately, not understanding the pros and cons of different methods could mean that you wind up paying more in the long run.
Right now, the US is still riding high on a wave of economic growth. Ever since the Great Recession, we’ve been experiencing more investments, lower unemployment, and better lending strategies. However, as they say, all good things must come to an end, and many experts believe that our economy is due for a downturn within the next couple of years, is it time to start getting ready?
Your small business is doing well, and you’re ready to expand so that you can generate more revenue and capture a broader piece of the market. However, to do that you need capital. Getting the financing necessary for business expansion is a challenge that many entrepreneurs face, but it’s not one that should slow down progress.
Unlike other real estate ventures, land development can be much riskier and requires a lot more financing to get off the ground. In those cases, developers will typically try to secure acquisition and development loans to help fund the project. However, these loans can be tricky to get, and you may have to go through some lengthy approval processes to get there.
Technology companies have become a major part of any small business’ day-to-day. Whether you use Square, PayPal or Amazon, chances are good that you’re not the only one benefiting from your business’ growth.
As a small business owner, financing is one of the most significant challenges that you can face. Whether it’s getting capital for some new equipment or you want to expand your operations, you need to be strategic about how and when you get a loan.