Small Business Administration (SBA) loans are one of the most powerful tools small business owners can take advantage of, but far too many entrepreneurs do not even know these loans exist. The SBA has a long and storied history in the United States of helping entrepreneurs fuel their dreams, too much to go into right […]
Synchrony Bank is an online financial institution offering deposit accounts direct to consumers. However, its parent company, Synchrony Financial, provides many solutions to businesses in the form of financing for their customers. Instead of offering traditional business loans and credit cards, Synchrony allows certain retailers and small businesses to develop partnerships in order to provide […]
Just with personal credit, business credit is an integral component of a company’s overall credibility. Having bad business credit has a negative effect on the financial ability of a company moving forward, as it creates a question in the mind of lenders, suppliers, and other vendors as to how reliable the business is.
At some point in the business life-cycle, nearly all businesses face a need for funding. In the small business arena, affordable financing can be secured for a myriad of reasons, including working capital, new equipment, expansion, or inventory. The advancement of technology in the lending marketplace has made the availability of small business loans much […]