The weight given to a lender's assessment of a borrower's character can vary tremendously between lending institutions and between individual lending officers. Many small businesses have found more ... |
The process of applying for a loan involves the collection and submission of a large amount of documentation about your business and yourself. The documents required usually depends upon the purpose ... |
Traditionally, banks focused more upon collateral than any other factor in making loans; however bankers now claim that lending competition has forced them to focus more on a business's ability to ... |
To generate working capital or to meet specific short-term cash needs, small businesses may use certain short-term assets as collateral for commercial loans. ... |
This form of financing is a type of secured loan in which accounts receivable are pledged as collateral in ... |
Inventory financing is similar to accounts receivable financing, except the business's current inventory is used as collateral for the |
Factoring is the sale of accounts receivable. By selling your invoices for future payment, you generate cash sooner than if you collected the money on ... |
Leasing companies, as well as banks and some suppliers and vendors, will rent equipment and other business assets to small businesses. Some manufacturers have leasing agents who may be able to ... |
Your suppliers and your customers represent possible sources of financing through a variety of credit and pricing options. |
If you have substantial cash surrender value in a life insurance policy you can usually borrow up to that amount from your insurer. Ordinarily, you would borrow against the policy and then re-lend ... |
