business loans

Everything You Need to Know About Long Term Business Loans

This post was last updated on November 6, 2020 to include more information about long term business loans. In the course of growing or problem solving, all business owners encounter a need for cash, and lots of it. Whether you anticipate it or not, the need for cash can put a financial strain on your…

7 Business Loans for Bad Credit That You Can Apply for Right Now

Small Business Loans Business Line of Credit Equipment Financing Inventory Financing Accounts Receivable Financing Merchant Cash Advance Doctor Loans & Healthcare Financing   This post was first published on April 17, 2019. It was updated to include new information about bad credit business loans in a post-pandemic world.   When it comes to obtaining a…

4 Business Loan Mistakes You Must Avoid

For many businesses, adding more working capital is more important than acquiring new customers — since it is often the former that creates the capacity and context for the latter to happen. Here are 4 common business loan mistakes you must avoid to maximize results and flexibility, while minimizing risks and costs:   Business Loan…

Can You Get Restaurant Loans with Bad Credit?

The answer to “can you get restaurant loans with bad credit?” depends on who you ask. Banks will say no, because it’s risky for them. But banks have slapped the “risk” label on many of National Business Capital & Service’s most successful restaurants that they fund. So, National doesn’t equate bad credit with “risk.” National…

How Hard is it to Get a Business Loan?

Every business business owner that lacks the necessary capital to face a daunting obstacle, or take advantage of an exciting opportunity for growth wants to know the answer to the question:  “How hard is it to get a business loan?” The harder the funding process, the more time, money and resources are exhausted by business…

4 Best Business Loans for Retailers

Retailers form a vital element of our economy. That shouldn’t really come as a surprise considering how often everyday people rely on retailers to buy essential goods and products. As such, retailers should know that they have a variety of funding options available to them –– not only to assist during difficult times, but also…

Commercial Mortgage Loans: 3 Things You Need to Know Before Applying

A commercial mortgage is a loan that is secured by commercial real estate, such as an office, building, warehouse, mall, apartment complex, and so on. In return for pledging collateral, business owners get a lower interest rate (and therefore lower total cost of borrowing) vs. an unsecured business loan. They also typically qualify for a…

New Business Loans: What are the Funding Requirements?

Many things have changed in the last several years. For example, there is now a generation of people that cannot comprehend what life was like when “the web” was exclusively where spiders lived, and when the only people who said “iPhone” were those who needed some remedial help with their pronouns.

When Does it Make Sense to Get a Secured Business Loan?

A secured business loan is business funding that is backed by pledged assets — which can include physical items like vehicles, inventory and real estate, or securities like bonds, mortgages, accounts receivables. While each lender has its own policies, many will allow borrowers who don’t have sufficient business collateral to make up the shortfall with…

Applying for Quick Business Loans: 5 Things You Need to Know

The business landscape is full of terms that sound standardized and even scientific, but there are also terms that are named subjectively.  There’s no better example of this subjective naming than when the spotlight shines on “quick business loans.”