When Should You Get a Working Capital Loan?
December 25, 2017 by Guest Writer -
Working capital loans can make a difference when your business encounters a financial obstacle. When your business goes through a tough time, it’s recommended to have a plan B and know when to use it. Of course, you don’t need to associate working capital loans with bad financial times, but rather with a convenient way of filling some financial gaps. You can use these loans when you need that extra financial boost for your company to get a bigger profit in a particular period. For example, you may experience times when your income is lower than your monthly expenses, and […]
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The 5 Common Reasons for Rejection of Small Loans for Your Business
August 12, 2016 by Business Loans -
Lets’ be very honest rejection is a drag we could all do with a little less of in our lives. For small business owners it can be a real battle when entering into a dialogue with the banks over finance and prospective loans etc. According to recent research only 50-55% of small business owners nationally successfully secured finance packages of the sum requested over the past 12 months. The 5 common reasons for rejection of small business loans are: The 5 Most Common Reasons for Rejection Bad Credit or No Credit A credit score is a measure of an individual’s […]
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