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The Pros and Cons of Digital Lending Platforms

With another bank joining established online lenders like OnDeck and Kabbage, business owners may again question whether a digital lender is the right solution for their financing needs. While there isn’t a one-size-fits-all answer to this question, considering the benefits and costs of using a digital lender will help you decide what is best for your company

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How to best work with the SBA to improve your business.

The Small Business Association can be an invaluable resource for your business. Dedicated to finding capital and other resources for planning and management, the SBA facilitates small business loans, provides grants from research, and provides disaster assistance. However, like any system, it is important to know exactly how they operate in order to get the most out of work or collaborations with them to better improve your business.

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What the Fed’s Survey Findings Mean for Your Business

Recently the Federal Reserve completed a survey of loan officers from 72 of the US largest banks. The results showed that many banks have recently loosened their standards for lending approval. This can have a direct impact on how your business’ loans are processed and approved as you seek capital.

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Loans Brokers vs. Digital Lenders

Most business owners will seek a capital loan at some point in their careers.  Luckily, we live in a world where there are a variety of lending opportunities readily available. Traditional banks, alternative lenders, and digital lenders have all become go-to sources for capital.

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 How to best navigate buying a franchised business

Buying into a franchised business is one of the easiest ways to enter the world of business ownership. Much of the groundwork has already been laid, with the necessary work of determining branding, services, and marketing already completed for you. However, franchising can also be an expensive endeavor. This is where franchise financing can help ease the process get your doors open quickly.

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