ByzFunder celebrates over $250 million in originations since its inception in November 2019. The company has been working ardently in financing small-to-medium-sized businesses in the US while experiencing exponential company growth even during the economic challenges plaguing the US and global markets. In 2021, ByzFunder received a financial injection from their strategic partner, Old Hill… Continue reading ByzFunder Finances Over $250 Million in Originations
Inflation is soaring, not only in the US but globally. Experts blame it on several things, including supply chains due to the pandemic and the ongoing Russian invasion of Ukraine that has increased oil prices. This unfortunate event has taken its toll not only on consumers but on small businesses too. In times of… Continue reading Small Business Tips To Protect Against Inflation
Small business loans and business financing is available from various traditional banks, credit unions, and online alternative lenders. Getting the cash injection you need for your business to stay afloat is easier than ever. However, it is good to understand your options at these institutes as each lender is limited by its financial products and… Continue reading How To Get Small Business Financing
As you would research bank loans, it is crucial to do the same when searching for perfectly matched small business financing options. As some banks and their loan options may be better for certain businesses, alternative lenders and their products will be better suited for particular companies. Small businesses are facing difficult times, recovering… Continue reading How to Choose the Best Small Business Financing For Your Business
We get it. Sometimes things get tough, and you don’t have the funds. However, failure to pay your lender as agreed upon after receiving business financing can cause you to go into default. The default can be immediately after a missed payment or months later, depending on your loan or financing terms and state or… Continue reading What Happens if You Cannot Pay Back Your Business Financing?
Bridge financing, more commonly known as a bridge loan, is a short-term financing option for small businesses to bridge the gap until you are approved for longer-term financing, investments, and loans from large banks and venture capitalists. Alternative lenders, such as ByzFunder, extend the financing options to businesses needing funds fast, offering a fixed… Continue reading What Is Bridge Financing?
As the Covid pandemic continues to impact economies worldwide, we believe the business recovery will continue to be challenging, especially for those small businesses that have not realized that risk management is a crucial business strategy. While there are short-term pressures during reopening, there is also an opportunity to reimagine business models for the… Continue reading Small Business Post Covid Financial Recovery
There has been a steep rise in the number of alternative lending companies since the 2008 recession to help small to medium-sized businesses get funding. Fast forward to Covid times, and loan and business financing accessibility has increased even more. With this flooded market, it is easy to feel overwhelmed and under-knowledged about the… Continue reading The Difference Between Loans and Short-term Business Financing
Are you a small business owner in dire need of instant cash flow or capital? Well, a Merchant Cash Advance (MCA) is the best bet to get you financed in a matter of hours without the lengthy paperwork. A Merchant Cash Advance provides alternative financing to a traditional small-business loan. Unlike bank financing, merchant cash… Continue reading Merchant Cash Advance For Small Businesses
Running a small business successfully takes a lot of work, but more importantly, it is crucial always to have working capital. Working capital is needed to cover day-to-day and shorter-term operational expenses. When you’re short on working capital, you may miss out on new opportunities to expand the business, employ more employees, purchase inventory, or… Continue reading Sources Of Working Capital For Small Businesses