Credit and Financing

As a small business owner, you need to approach any meeting with a lender the same way you would a potential investor meeting. First and foremost, you will need to detail the operating cash flow to help lenders understand your business credit needs, but you may also be required to present an effective business plan.

To give yourself a better chance of getting approved for financing, it’s important to develop a strong credit application. Here are four things to consider when preparing your application.

Business owners want to know about any opportunity that can help them succeed. The Small Business Administration makes possible some great lending options that can help them finance their business, but if you've never applied for an SBA loan, the range of possibilities might seem a little confusing.