Goodwill is an intangible asset that comes into play when buying or selling a business. Here are key points about goodwill including how it is calculated.
In contrast to unsecured business loans, secured business loans require some form of collateral. Secured business loans have some advantages over unsecured loans, including lower interest rates and the ability to borrow a higher loan amount. If you are considering getting a secured business loan, you might be wondering what you can use as collateral.
Before the rise of online business loans, there was a time when getting a business loan meant completing stacks of paperwork and then waiting six to eight weeks to find out if you were approved. That’s all changed with online business loans. Let’s look at this innovative way that SMEs are getting access to funds they need without the hassle of going through a bank loan application.
With banks tightening small business lending, a growing number of small business owners have been looking for financing options to grow their businesses. Let’s take a look at why more small business owners are seeking alternative business lending options and how non-traditional business lenders are providing lending options for small business.