If you own a business, taking on some debt is often part of running and growing it. According to the Federal Reserve’s Small Business Credit Survey, about two in three small businesses carry debt. Used strategically, debt can help manage cash flow…
Category: Small Business Debt
Getting a business loan isn’t always easy, especially if your credit history isn’t strong. Many entrepreneurs start out with little or no credit, while others may face financial setbacks that make borrowing more difficult. The good news is …
Owning a small business takes hard work, determination, and a lot of problem-solving. But even the most resourceful entrepreneurs need support at times. Whether it’s financial assistance, professional guidance, or legal advice, there are organizations …
If you run a nonprofit, you’ve probably Googled, “What grants can I apply for?” more times than you’d like to admit. Here’s the good news: there’s no limit to how many grants you can apply for—but that doesn’t mean you should click “submit” on every op…
Getting a business loan takes planning, but it doesn’t have to be overwhelming. If you know what lenders are looking for and understand your financing options, you may be able to find a loan that fits your business needs. Getting Started O…
Running a small business often means navigating financial ups and downs. When debts start piling up, it can feel like there’s no clear way forward. Debt restructuring is one option that may help ease the pressure by adjusting payment terms or combining…
Businesses can run into trouble for many reasons, including rising costs, shrinking sales or unexpected market shifts. Restructuring the business may offer a way forward. That might include changing how teams are organized or renegotiating …
Finding the money to start a business isn’t easy—but some funding options don’t have to be repaid. Startup grants can offer free financial support to help you get your business off the ground. While these grants are competitive, they may be…
Running a business comes with financial risks. If debt starts piling up, it can quickly become hard to manage, especially after an unexpected financial expense or a downturn in revenue. Debt relief options exist to help businesses reduce what the…
Startups often need extra capital to grow, but giving up ownership through equity financing isn’t the only option. Debt financing may offer a way to raise funds while keeping full control of your business. From SBA loans to venture debt, understa…