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OnDeck Review: Alternative Lending for Small Business

OnDeck Review: Alternative Lending for Small Business

  If you’re a small to medium sized business and you need money but can’t qualify for a traditional bank loan, or if you need money fast – then OnDeck might be what you are looking for.  OnDeck is offering an alternative to the traditional banking process that ignores...
Alternative Lending 2016 & Beyond

Alternative Lending 2016 & Beyond

Up until recently, big banks have steered clear of small business lending.  This is largely due to the financial meltdown of 2008 as well as increased regulations.  It just doesn’t pay to underwrite a small loan for a small business at the same cost on the front end...
Short-Term Business Loans: Quick Cash When You Need It

Short-Term Business Loans: Quick Cash When You Need It

So, imagine this.  You own a busy retail store.  The holiday season is around the corner and you discover enormous water damage in your ceiling, and it’s leaking.  Or, you are presented with a golden opportunity to cash in on a bulk deal from a manufacturer that has...
The 5 C’s of Credit

The 5 C’s of Credit

The 5 C’s of Credit One of the most frequently asked questions by business owners seeking a business loan is in regard to our approval process.  How do we decide who will qualify and who won’t?  Well, there is not only a very thorough algorithm that these lenders go...
11 Traits of a Dedicated Salesperson

11 Traits of a Dedicated Salesperson

The Young Entrepreneur Council recently asked one question to eleven entrepreneurs, what do they look for first in a salesperson? Here’s what they found:   Mentality of a Hunter –Alex Lorton of Cater2.me   A person who is always ready to make new contacts and...
Banks Approving Less & Less Loans for Small Business

Banks Approving Less & Less Loans for Small Business

  Before the financial crisis of 2007-08 and a global economic collapse, banks and other institutions consolidated, and the industry shrunk.  Before this time, small businesses had personal relationships with their local banks. Today, most banks are multi-national...
10 CRM Systems You Need to Know About

10 CRM Systems You Need to Know About

  If you are thinking of getting a Customer Relationship Management (CRM) system?  I’ve got here a list of 10 popular and affordable CRMs to talk about.  Given their features and functionality, these programs are great tools for small and medium sized companies to...