By Ben Luthi Getting funding as a new business owner can be incredibly difficult. Unless you have strong revenues and a few years in business under your belt, you’ll have a hard time getting traditional business financing. What’s left mostly includes expensive short-term loans. But one other option you might consider is a personal loan. If […]
Spreading the word that you’re considering a loan for your business can be met with all kinds of opinions. From general naysayers to cautionary anecdotes, everyone you meet will have a story as to what might happen if you take out a loan to start or expand your business venture. While it’s true that not […]
BY JUSTIN PRITCHARD Many people use debt to fund purchases they would not otherwise be able to afford, such as a home or a car. While loans can be great financial tools when they are used properly, they can be great adversaries as well. To keep from taking on too much debt, you should understand how […]