• ENTREPRENEURS
    Four Considerations Before Obtaining a Business Acquisition Loan

    Aspiring entrepreneurs have two options when they decide to pursue the American Dream of business ownership: start one from scratch or purchase an existing business. Many companies start with an entrepreneur’s great idea, such as Uber, the app that connects people looking for rides with independent contractor drivers who often charge lower rates than traditional yellow […]

  • NEWS
    How to Gather Small Business Loan Documents: A List of What You Need

    Gathering documents while applying for a small business loan is often a hassle. Yet there’s no way to avoid loan documents when you’re trying to secure funds. The best way to minimize the hassle is to be prepared and understand how to value a small business. In other words, know all the loan documents your lender […]

  • NEWS
    Small Business Loan Approval Rates Surge

    Big banks have long been accused of turning a blind eye to small businesses’ credit needs, but things are changing for the better now. According to the Biz2Credit Small Business Lending Index, March 2016, the monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com, loan approval rates at big banks and institutional […]

  • NEWS
    Can’t Get a Loan from a Bank? Here are Alternative Funding Options

    Securing funds to either start or grow business was once every entrepreneur’s worst nightmare. In the past, big banks and credit unions often rejected loan applications, leaving business owners with the only option of borrowing from friends and family or borrowing against receivables. A lot has, of course, changed mainly because business owners today have […]

  • NEWS
    RBI looks to limit banks’ bad loan risks

    RBI gives banks until 2019 to meet the new capital exposure norms. Photo: Aniruddha Chowdhury/Mint Mumbai: The Reserve Bank of India (RBI) on Thursday said it would cap banks’ exposure to a group of connected companies at 25% of the lenders’ core capital, seeking to reduce concentration risk in a banking industry laden with bad […]

  • SUCCESS
    After Rs500 and Rs1,000 notes banned, portals see rise in business loan demand

    Paisabazaar.com has witnessed a 1.5 times increase in demand for business loans since government demonetized Rs500 and Rs1,000 currency notes. New Delhi: Online lending portals like Paisabazaar, Deal4loans and CashCare Technology have reported a surge in demand for business loans after India banned Rs500 and Rs1,000 notes. On Tuesday evening, Prime Minister Narendra Modi announced […]

  • STARTUPS
    Can’t Get a Loan from a Bank? Here are Alternative Funding Options

    Securing funds to either start or grow business was once every entrepreneur’s worst nightmare. In the past, big banks and credit unions often rejected loan applications, leaving business owners with the only option of borrowing from friends and family or borrowing against receivables. A lot has, of course, changed mainly because business owners today have […]

  • LIFE
    How to Gather Small Business Loan Documents: A List of What You Need

    Gathering documents while applying for a small business loan is often a hassle. Yet there’s no way to avoid loan documents when you’re trying to secure funds. The best way to minimize the hassle is to be prepared and understand how to value a small business. In other words, know all the loan documents your lender […]

  • Uber is said to close $1.15 billion high-yield leveraged loan

    Uber’s most recent equity funding round valued the San Francisco-based company at almost $68 billion. San Francisco: Uber Technologies Inc. closed a $1.15 billion high-yield leveraged loan, a person familiar with the matter said, bringing the total equity and debt raised by the ride-hailing mobile app to more than $15 billion. Bloomberg reported last month […]