5 Alternative Sources of Cash to Support Your Business in a Crisis

If your business is currently experiencing a rough patch, be it due to falling revenues or unexpected bills, adaptability is key to survival. Even if it’s is currently booming, it pays to know exactly where you can turn if times should get tough. A sudden downturn or misstep can be enough to wipe out a business permanently, even if the cause of the problem is only temporary.

 

Business financing alternatives

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That’s why it is crucial that you are able to readily raise funds in an emergency situation, should it become necessary. Read on to find out the top five alternative sources of fast cash for when your business hits a stumbling block.…

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Easy Steps to Finance and Start Your Business

Starting a business is no easy thing. It takes a resilient approach, dedication, hard work, and sleepless nights to see your business aspirations come to fruition. If you don’t have what it takes for a business start-up, then it’s high time you considered other options.

Financing a new business

When starting a business, whether small or big, you need access to capital. Unfortunately, and according to most entrepreneurs, this is the most challenging element in business startups. You need to be financially stable in your initial rollout projects. Your very first employees will need to be paid, you’ll need an inventory, and most importantly, funds to register your business.…

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Finding the Right Cash Flow Solution for Your Small Business

Starting and running your own business in a large city like Sydney can be tough. You will need to work with wily contractors, beat the competition and attract customers all at the same time.

Cash flow financing solutions

When your business is small, cash flow becomes all-important. Even a small break in that cash flow can threaten the survival of your precious venture. To ensure that you can continue operating your small business, there are times when you need to look at cash flow financing options.

Before you take the plunge and apply for a cash flow financing option, here are some things you need to consider first.…

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Bad Credit Business Loans: 8 Warning Signs a Lender isn’t Right for You

Sometimes a business can just spiral out of control financially, despite all the owner’s best initial efforts. This is reality, as markets can dry up, or unexpected expenses hit and compound one after the other. Growth problems are another big reason for a business to become cash strapped — from buying property and equipment in anticipation of expansion that never takes place — to being over-run with expensive inventory you can’t sell.

Bad credit business loans - in AUD

Regardless your individual reasons, you now find yourself faced with a bad or poor credit rating and an uncertain financial future for your company, which you’re sure can be fixed with a bad credit loan.…

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The Facts about Startup Business Lines of Credit

The truth about lines of credit for businesses is yet to be known by both existing and aspiring entrepreneurs. This is so because most of the sources available to provide information concerning lines of credit are too generic and inaccurate. As a result, many people have found themselves in problems in their efforts to use a line of credit to establish their businesses.

Business line of credit

Prior to considering this option to revamp your business idea, here are important things you should do:

  • Learn how it works;
  • Check if you meet the qualifications;
  • Look at its merits and demerits
  • Choosing your best option.

The Myth about Lines of Credit

People out there are meant to believe that their business plan is the ultimate factor considered by a bank before it can give them business line of credit.…

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How to Find Finance Without Calling Your Bank

Accessing finance at key moments is very often absolutely critical for small and medium-sized businesses (SMB) and for obvious reasons. Whether the aim is to get started, to pursue growth opportunities or simply to stay in business, getting your hands on the cash you need as an SMB is essential.

alternative business financing

The problem is that banks aren’t always ready to offer loans or financing facilities that SMBs need and in many cases they’re reluctant to lend money even to perfectly viable and successful companies. The good news is that there are now a growing array of alternative routes to finance available to companies of all sizes and across a full range of different industries.…

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Smart Business Approaches To Handling Different Types of Loans

If you plan on starting a business, or perhaps plan on keeping a business going, by taking into consideration different types of loans, then it’s important to understand the ramifications of each possibility.

Business loan

Five types of transactions that can have an effect on your business financial possibilities include dealing with student loans, small business loans, loans from family and friends, private loans, and then the choice to take on credit card debt as a form of self-loan. Each movement of money with respect to these categories has its own pros and cons, especially if you have business matters sitting in the background of the decision.…

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8 Alternative Lending Options for Small Businesses

Finding capital for your company when the banks and other traditional lenders have all turned you down isn’t as tough as it was 10 years ago. There are a number of options to consider and what you decide to go with will depend heavily on your company’s current financial situation and future forecast.

Lending options for small business

Factors like credit worthiness, company assets, future earnings, inventory, your own personal assets and savings, and the amount of credit currently available to you are all important things to consider when deciding on what option to choose.

Alternative small business lending options

Here’s 8 common alternative lending options a small business should consider when the banks won’t touch you:

1.

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What is Invoice Factoring and How Does it Work?

If you have been searching for a quick and easy way to finance your business activities, invoice factoring may be the best solution. Invoice factoring (also known as debt factoring, accounts receivable financing, and under other names) is a quick and easy way to get the cash you need to keep your business afloat. This is especially true if you are facing serious liquidity issues.

Invoice factoring

What Is Invoice Factoring?

Invoice factoring is a kind of financing arrangement that is available to businesses that are able to provide certain goods or services to other businesses (in the form of a B2B arrangement) or to agencies of the government (B2G).…

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How Reverse Mortgage Will Help Save Your Business

As a small business CEO, you know that businesses go through cycles. Sometimes business is so good that you can’t keep up with demand. Other times, it seems like the market is stuck in the mud. Customers are not coming through the door and your expenses keep piling up. What can you do? Banks won’t finance your business, even though you have a long history in the market.

Business funding via reverse mortgage

Well, if you are over 62-years-old, I have a secret financial weapon which could help you save your business. It’s called a reverse mortgage, and it could be just the ticket to get you the money you need.…

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