Tag: <span>business loan</span>

Franchising? Check your Rights and Obligations under the Franchising Laws
Post

Franchising? Check your Rights and Obligations under the Franchising Laws

Are you excited to buy a franchise? The Franchising Code of Conduct has some reminders for you. Read the Franchising Code policies on the following: cooling-off period disclosure requirements dispute resolution mechanism good faith obligation procedures for ending a franchise agreement Whenever there’s a breach, the Australian Competition and Consumer Commission will surely intervene to...

3 Good Strategies to Save a Failing Business
Post

3 Good Strategies to Save a Failing Business

Don’t worry about the grim survival rates of small businesses. There are always ways to turn things around no matter how hopeless it may seem. The worst thing you can go is to give up when all it needs is a good strategy to keep your business afloat. Focus on your vision The dismal realities...

How Entrepreneurs with Bad Personal Credit Obtain Business Loans
Post

How Entrepreneurs with Bad Personal Credit Obtain Business Loans

You don’t need to have a good credit score to obtain a business loan. Nowadays, there are many ways to meet your financing needs with a bad credit. But, how can you be sure that the loan product is suited to your needs? Wouldn’t the terms of the loan drag you deeper into debt? While...

Smart Strategies to Leverage Small Business Loans for Optimum Growth
Post

Smart Strategies to Leverage Small Business Loans for Optimum Growth

There is no doubt that small business loans could augment a company’s financial capabilities. But, what you do with the additional capital determines your success. Here are a few strategies to help you develop the right financial capabilities of your small business. Plan carefully Whether you’re a one-man team, or one who has employees working...

Post

Smart Strategies to Leverage Small Business Loans for Optimum Growth

There is no doubt that small business loans could augment a company’s financial capabilities. But, what you do with the additional capital determines your success. Here are a few strategies to help you develop the right financial capabilities of your small business. Plan carefully Whether you’re a one-man team, or one who has employees working...

Is a Guarantor Necessary for My Business Loan?
Post

Is a Guarantor Necessary for My Business Loan?

Some lenders may require you to provide a guarantor before granting you a new business loan. A guarantee assures your lender that the loan will be repaid. Mostly, you’ll encounter two types of guarantees: First party guarantee – this is the most common type involving a guarantee through an asset which is under your ownership....

Ensuring Business Loan Approval
Post

Ensuring Business Loan Approval

Criteria is everything is you’re aiming to get your business loan approved. Once you know what lenders are looking for, you can increase your chances of being accepted. So what are providers looking for? Asses Your Application Check your application first to see if you fit the bill. Some of the things you should ask...

What You Should Know About Unsecured Business Loan in Australia
Post

What You Should Know About Unsecured Business Loan in Australia

Unsecured loans have become a popular type of funding for many small businesses in Australia. Business owners get access to funding from the government without having to give collateral like property, cars, investment property, commercial property or even family home. Some prefer it because it frees them from worrying about their collateral. However, since risks...

Business Loan Application 101 Part 3
Post

Business Loan Application 101 Part 3

Normally, lenders will conduct an in-depth examination of a business before they approve anything. Specifically, lenders will ask a lot about the financial history of the business. It’s best if you come up with a detailed and convincing plan when making your business loan case. Include your profit and loss plus your cash flow forecast. The...

  • 1
  • 2