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What Is Equipment Financing: How To Purchase Hard Assets With Loans & Leases
Whether you’re paving a road or writing software, sooner or later you’re going to need to buy, upgrade, or replace your business-related equipment. Unless you’re lucky enough to have a lot of cash on hand, the costs of doing so out of pocket may prove prohibitive. If you don’t have the luxury of waiting, you’ll need to seek financing. When that happens, you should consider an equipment loan.
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The Beginner’s Guide To APR For Small Business Loans
An APR (Annual Percentage Rate) is the actual total cost of a loan over the course of one year. It isn’t just the interest rate, it’s the interest rate plus any fees that come with the loan.
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Hard VS Soft Credit Inquiries
Frustrating as it may be, applying for a business loan (or other sources of funding) can have a negative effect on your credit. Knowing the difference between soft and hard credit inquiries can help you keep your credit score intact while going through the loan shopping and application process. How much can a loan application […]
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Guide To Hard Money Business Loans For Real Estate
If you are a business owner or entrepreneur that wants to purchase and develop property, a hard money business loan might be the solution. Hard money loans are short-term bridge loans that are ideal for poor-credit borrowers, entrepreneurs without proven experience, and other people who want to purchase real estate for business purposes. Find out […]
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10 Reasons Why You Shouldn’t Lease Equipment
When it comes time to replace or upgrade your equipment, you’ll quickly notice that there are a lot of companies willing to finance your assets with equipment leases. These companies often provide a very useful service, particularly for businesses that need to spread their costs out over time. However, this post isn’t about the benefits […]
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How Long Does It Take To Improve Your Credit Score?
Wonder how long it’ll take to improve your credit score? Learn what you need to know in our guide!
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How To Find A Grant For Your Nonprofit
Grants can be a great way to get the funding your nonprofit needs to make a difference in your community. Learn about the best places to find grants so you’re taking maximum advantage of the funding options available to your nonprofit.
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Is A Revolving Or Non-Revolving Line Of Credit Best For Your Business?
For small business owners that want a flexible form of financing, a line of credit is a popular option. When applying for a line of credit, you’ll encounter two options: revolving lines of credit and non-revolving lines of credit. In this post, we’re going to explore the differences between the two. Which option is best […]
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How To Buy A Franchise When You’re Short On Funds
Franchises are a tried-and-true way to start a business, but they can cost a lot of money up-front. Want to buy a franchise, but can’t afford the startup costs? Learn about your best option for starting a franchise with no money right here.
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