Lines of Credit
HELOC for Business Funding and What You Put at Risk
You need $60,000 for equipment or a slow season, the bank turned down your business line, and your house has $200,000 of equity...
You need $80,000 to fund a product launch, the bank wants two years of tax returns you do not have, and a lender is offering cash in five days in exchange for a share of your monthly sales.
Recent
Lines of Credit
You need $60,000 for equipment or a slow season, the bank turned down your business line, and your house has $200,000 of equity...
Funding Readiness
You pulled a profit and loss statement out of your accounting software, attached it to a loan application, and the lender came...
Cash Flow Management
Most owners find out about their cash flow problems on the day payroll bounces or a supplier puts the account on hold.
Business Loans
A business loan denial usually arrives as a short email with one vague line about "credit policy," and it leaves you with no...
Business Credit Cards
You are carrying $18,000 on a business card at 24 percent APR, and the interest alone is eating close to $360 a month.
Alternative Funding
You just landed the biggest order your business has ever seen, and you cannot afford to fill it.
Sections
Archive
Three people who have sat on different sides of a funding decision: a former underwriter who spent a decade deciding which loan applications got approved, a small business owner who has borrowed through a term loan, two lines of credit, and one merchant cash advance she still warns people about, and a bookkeeper who sees a client's cash flow problems months before the owner does. Every article carries a byline, and nothing runs that the writer has not actually dealt with.