Tag Archives: loan

5 Common Reasons Small Business Loan Applications are Denied (and How to Avoid Them)

Tucker Mathis — May 13, 2019 Follow @https://twitter.com/finsync — May 13, 2019 Getting rejected for a small business loan is practically a rite of passage for entrepreneurs. Rejection rates can be as high as 73 percent with traditional banks. The odds improve a bit with alternative lenders, who generally approve around 57 percent of small … Continue reading 5 Common Reasons Small Business Loan Applications are Denied (and How to Avoid Them)

Where is Your Business Located? The Answer Could Affect Your Loan Options

Meredith Wood — May 9, 2017 Follow @fundera— May 9, 2017 You’ve done hours of online research, compared dozens of options, and finally, you’ve found it—the perfect loan for your small business. But then, as you finally go to apply, there is a problem. As it turns out, your perfect lender isn’t licensed to fund … Continue reading Where is Your Business Located? The Answer Could Affect Your Loan Options

Should You Take Out a Business Loan or a Merchant Cash Advance?

Carl Faulds — November 9, 2016 Follow @Cashsolv— November 9, 2016 When a business needs access to capital, it faces a fundamental choice: taking out a business loan or a merchant cash advance. Both can provide the money needed to hire new talent, fund a major marketing campaign, take the company international or simply overcome … Continue reading Should You Take Out a Business Loan or a Merchant Cash Advance?

How Minority Entrepreneurs Can Tackle Business Loan Challenges

by David Kiger July 21, 2016 Follow @davidkigerJuly 21, 2016 For minorities looking to become small business owners — or for established ones looking to expand — there can be obstacles involved in taking that next step. In 2015, Inc.com shared an Associated Press report on loan rejections by minority candidates: A survey showed that … Continue reading How Minority Entrepreneurs Can Tackle Business Loan Challenges