As a small business owner, you may need short-term financing to keep your operations running smoothly. Many terms and concepts associated with small business lending can be confusing to those without a financial background. To help clarify things, we’ve put together a comprehensive glossary of short-term financing terms. Short-Term Financing Glossary: Principal: The amount… Continue reading Understanding Short-Term Financing Terms
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
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
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
Unlike traditional loans, short-term financing, or working capital, is a funding option offered by non-bank lenders, providing fast cash to businesses wanting to expand, finance inventory, consolidate debt, cover seasonal costs, and more. The funding period is a lot shorter than a regular business loan, meaning better rates that are not dragged out and crippling… Continue reading The Benefits of Short-term Financing
Alternative financing is becoming more and more popular in the business world. However, many people still do not understand precisely what it is or how it can help their small business grow. Some may be turned off by this funding method due to negative stereotypes that it may have, but it is a common practice… Continue reading What Is Alternative Financing?
Many people get nervous about employing some alternative funding to help their small businesses. This makes sense, as accepting help from someone else and knowing you will have to repay them can be daunting. However, most small businesses use alternative funding at some point, and it can genuinely help turn your business around. Helping your Business… Continue reading Why Choose Alternative Funding?
Small businesses are considered high-risk companies for banks to offer loans. This makes it challenging for small business owners to get the capital needed to grow their businesses. However, alternative solutions like ByzFunder can help get the necessary capital to grow and sustain smaller businesses. Many banks have high loan standards and little to no… Continue reading The Advantages of Alternative Financing
If you have finally opened your dream business and are in the beginning stages of running it, you are a startup. This stage is something to be proud of, an achievement that only other business owners have felt. However, running a startup can be quite daunting and thus you will need a robust support system… Continue reading Why Can’t My Start-Up Get a Small Business Loan?