What you need to know about business finance
There are quite a number of financial requirements for a business when borrowing capital from third parties (i.e. loans) and today we’ll be looking at some of the main ones. This is in continuation to our previous post on the Cash Borrowing Tips that we looked at last time.
Small business lenders normally look at a couple of things before advancing loans to entrepreneurs who are in need of extra capital to either expand their business operations or to just get them through a difficult season in business. Once you identify that you’re in need of additional capital, then it’s up to you as…
Given that there are different sources of finance available to a business, knowing how to pick the right one becomes a priceless skill and this is because there are those sources of business finance which if chosen, can see you get into a “financial pit” which you may struggle to come out of. I’ll therefore…
[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”]There are several sources of finance available to a business which every entrepreneur ought to not only know about, but to also take advantage of. The main challenge that most entrepreneurs face when staring their first business is raising the required capital and so knowing where to get the…
There are basically two types of business finance which every business requires to be able to run and operate its operations and this is what we’ll be looking at today. I initially wanted to come up with an introductory post on Business Finance but after sensing that there’s nothing much to say about it (i.e….