Small Business Funding: Ultimate Guide for Entrepreneurs
Jan 24, 2023 | BLOG
Every entrepreneur’s journey starts with finding ways to fund their small business. Sponsors can be individuals, groups, or financial institutions like banks. Small business funding is necessary for your business to stay afloat. It also acts as a safety net during global crises or low sales. Small and mid-size enterprises (SMEs) can take advantage of […]
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Online Loans in the Philippines: What SMEs Need to Know
Jul 14, 2022 | BLOG
Any aspiring entrepreneur today can start a business just by creating a page on social media or using an e-commerce platform. Due to the convenience of digital platforms, the number of registered online companies in the Philippines increased from 1,700 in January to March 2020 to 75,000 by the end of the year. While starting […]
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How to Calculate the Interest Rate on a Business Loan
Jul 04, 2022 | BLOG
Are you planning to apply for a business loan? Before you do, there are a few things you must consider first. On top of the list is the business loan interest rate. You need to take interest rates into account because they will determine the total amount of money you will owe and eventually have […]
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Business Loan vs. Consumer Loan: Differences and Similarities
Jul 04, 2022 | BLOG
Many up-and-coming entrepreneurs apply for consumer loans to generate capital for their businesses since they are relatively easy to qualify for and quickly acquired. Although there is nothing wrong with using a personal loan for business purposes, it does have a few drawbacks. If you’re a small business owner and wondering, “when do we consider […]
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5 Types of Collateral You Can Use to Secure a Business Loan
May 31, 2022 | BLOG
Small businesses often start out with poor credit scores, which affects their ability to take out a business loan. However, you can boost your chances of getting approved for a loan through a collateral loan. But, what is a collateral loan? A collateral loan is a secured business loan where you pledge assets as repayment […]
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