-
Pros and Cons of Asset Based Loans For Your Small Business
Asset-based loans are a great financing option for small businesses who don’t have a good credit score or enough cash flow to qualify for traditional bank loans. They are secured loans, meaning that the lender has collateral—in this case, the borrower’s assets—to back them up in case of default. This makes asset-based loans a great…
-
What are the Pros and Cons of SBA Loans For Small Businesses?
Small businesses have been vital to the health of our economy for generations. They create jobs consumers access to a variety of goods and services, and in many cases, even change entire industries with their innovations. But starting any business requires capital — and small business owners often don’t have deep pockets or easy access…
-
Pros and Cons of Debt Financing
Debt financing is the process of borrowing money to pay for a business’s operations and investments. Debt financing can come in the form of secured loans, lines of credit, or other financial products such as bonds. Debt financing can be used for both short-term and long-term needs and provides a predictable source of funds that…