What Is Revolving Utilization?
Want to improve your credit score? One effective way is by lowering your revolving utilization rate, also called your credit utilization or debt-to-credit ratio. Your credit debt makes up 30% of your...
View ArticleHow to Get Quick Approval for a Business Loan Application
Time is a precious resource in business. So when you apply for a small business loan, you need to have your approval issued as quickly as possible. That’s why it makes sense to apply for a business...
View ArticleCommon Business Loan Terms Every Entrepreneur Should Know
Understanding small business loan terms and phrases is vital for any business owner seeking financing. As with most products in today’s marketplace, business loans come with some distinct vocabulary....
View ArticleHow to Use Equipment Financing to Grow Your Business
Businesses that wish to keep cash flow flexible but need new equipment can use equipment financing. Equipment financing loans apply to virtually all industries and equipment types. What is Equipment...
View ArticleHow to Get a Small Business Loan – The Bottom Line
Running a small business is like maneuvering a ship through an unpredictable sea. It’s smooth sailing when everything falls in place, but it can quickly turn into a rough ride if your business runs...
View ArticleWhat are Small Business Loans – The Bottom Line Blog
Running a small business can be lonely and frustrating at times. But you are not alone on this journey of entrepreneurship. According to the US Small Business Administration Office of Advocacy’s 2022...
View ArticleHow Do Small Business Loans Work
Small business loans offer several benefits when compared to other forms of financing. Unlike investor funding or selling company shares, you don’t give away a portion of your business equity with a...
View ArticleHow To Get Trucking Business Loans
With over 500,000 trucking businesses in the United States, it is one of the country’s most competitive industries. As of 2020, the U.S. trucking industry was valued at $732.3 billion, with 902,000...
View ArticleBest Small Business Loans for Your Trucking Company
There are different types of trucking businesses thriving in the trucking industry. They can be classified by route, such as local, regional, or national carriers, and they can also be classified based...
View ArticleHow to Qualify for an SBA Loan
One of the most popular financing sources for small businesses in the US is securing an SBA loan. In fact, during the fiscal year 2022, the SBA approved over $43 billion in annual small business...
View ArticleRepairing vs. Replacing Equipment for Small Businesses
Equipment is the backbone of many small businesses. The decision to replace or repair existing machinery can have many factors to consider. Business owners may not have the working capital on hand to...
View ArticleEquipment Leasing Basics: A Guide for the Small Business Owner
If your business depends on functioning equipment, you’ll likely need to replace your go-to gear after some time. Watching that tractor break down mid-harvest or your snow plow refuse to start in the...
View ArticleBenefits of Leasing Equipment for Restaurant Owners
When you started your restaurant, you may not have been able to afford all the equipment on your wish list. The top-of-the-line freezers, specialty ovens, and fancy cocktail shakers would have to wait....
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