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Did you know over 600,000 new businesses start every year in the United States? If you’re among the entrepreneurs who have launched more than one business, thumbs up. Small businesses are the backbone of the American economy. Owning multiple businesses also means you’re not afraid of the high failure rate small businesses face. Now that your [...]

There isn’t any way around it. You need to have access to capital to run most businesses. Unfortunately, that isn’t available for many companies. In fact, 29% of businesses fail because they run out of money. If you need capital to expand your business, you need to know how to secure a business loan. Our [...]

Small businesses borrow an average of $600 billion every year.  That money can mean the difference between success and failure for many businesses.  Applying for a business loan is the first step. But before you can secure a business loan, you’ll have to sit down for an interview with the bank. Loaning any amount of [...]

Did you know that 29 percent of all failed startups and small businesses did so because they ran out of cash? In fact, that’s the 2nd most common reason for startup and small business failure.  If you’re currently struggling with the same problem, don’t worry. There are multiple working capital finance options that you can [...]

The average American currently has approximately $38,000 in personal debt (and that’s excluding mortgage loans). If you have debt are looking to repay it, it helps to set up a monthly loan repayment plan. It’s also good to have a repayment plan in place if you’re planning to take out a loan in the near [...]