Principal vs. Interest

Business loans are tricky creatures. Not only can obtaining one be difficult, but actually understanding them can be even more confusing. All in all, it can be quite a process. There are many different elements within loans that can make them difficult to fully...

When High Credit Risk Can Hurt You

When considering approval for a business loan, lenders and investors alike take into consideration the borrower’s credit risk. This is the lender’s risk of financial loss from the borrower’s failure to repay the loan. Since no one wants to lose money, the greater the...

Refused: Your Line of Credit

A line of credit is probably the first source of financing a business seeks to acquire. It’s often the easiest way to secure money and manage cash flow. Since a line of credit isn’t a one-time amount of money like a loan, a line of credit provides business owners with...