Biz2credit - startup business loans

It can be best desribed as the difference between current assets and current liabilities.Current Assets-Current Liabilities=Working Capital

Profit and Loss statement is an official statement that states a company's total revenues, expenses and net income incurred over a period (monthly, quarterly or yearly).

Accounts receivables financing is based on the 90 day outstanding for accounts receivables. Normally lenders will lend upto 80% of the outstanding accounts receivables and it is interest only payments.

A mortgage is a temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt. 

Also known as credit score, Fair Isaac Company (FICO) scoring is a formula for credit risk assessment that is believed to be highly predictive of future payment risk. The borrower's score is derived by weighing credit information at a snapshot in time and assessing "points" for each piece of information. The information is taken from a credit bureau file and scores are based on credit information only. The borrower's score is calculated based on assigned numerical values for certain credit characteristics. The higher the overall score, the less risk there is for the lender. High risk characteristics include bankruptcy, non-bankruptcy derogatory public record, charge-offs or loans defaults, repossessions, serious delinquency. Other weighted characteristics are number and age of trade lines, presence of derogatory trade line information, current level of indebtedness, types of credit available (revolving vs. installment), amount of time credit has been in use, credit inquiries.

Entrepreneurship can be an amazing way of life, but it is not perfect. It can be a dream come true, but there can be many nightmares before the real dream becomes a reality. The article contains some things that should be considered by all before taking the leap into the choppy waters of the entrepreneurial sea.

It is a  worksheet that stores balances from each ledger. There are two columns Debit and Credit in the trial balance.

Earnings Before Interest Taxation Depreciation and Amortization (EBITDA) measures profitability. It's important to note that EBITDA can be misleading as a cash flow evaluation tool because it does not take into account cash used to fund working capital or replace old equipment. EBITDA = Revenue - Expenses (excluding interest, tax, depreciation and amortization)

This blog post is very informative for women entrepreneurs who wants to lead the business. And don't want to spoil their business by the lack of capital. Must read the small business loan tips for women.

Loan to Value is the ratio of the gross value of the aset which can include both the value of the real estate and other hard collateral as well as goodwill for the business. Typically banks look at capping the LTV to 80% and want the borrower to bring in 20% of the value of the business.

You can actually setup your business through your biz2credit profile. We have partnered with different sources where you will receive a discount on the setup fees. Contact Biz2Credit for more information on these partnerships.

Yes, Small Business can secure financing for natural disaster if it falls under the declared disaster state by the Government. SBA does provide various assistance in forms of disaster loans.

You can always take the help of your realtives, friends and family to help you finance your initial ventures. Credit scores are relatively important when you are asking for loans from lenders. There are credit card options with people for bad credit but it entails high rate of interest. If you have a colatteral, getting a lon becomes easier. Talk to to one o the loan experts in Biz2Credit and they can guide you.

There are so many mobile gadgets and gizmos today that virtually everyone has one. This means we always have access to email and social media regardless of where we are. Small business owners everywhere are considering how they can use this technology to be faster, more efficient, and stay on top of things better than ever before.

Funding a small business endeavor is difficult at best. Unless you have your own funding source such as a major savings account or huge investments, it is likely your will have to look to outside sources to help you get your dreams of entrepreneurship off the ground

Usually, collateral is physical property, such as an occupied home, but it can also be several other things: your business's savings or equipment, for example. It's important to be careful about what you ultimately offer as collateral, and it's also crucial to understand that defaulting on a loan can be risky for both your business and your personal assets.

Business loan rates are all over the board. A business loan rates comparison can confuse current or would be small business owners due to the simple fact that the range of rates available can be so broad. The obvious underlying question however, is how one gets a loan that is at the lower end of that range. The following are 4 tips to help you land a small business loan with the lowest interest rate possible.

The business cash advance is an alternate method of financing small businesses. Businesses with mediocre or poor credit can use a merchant cash advance to finance day to day activities in the short term. A merchant cash advance is not a loan. Rather, it is the purchase of future credit card receivables. Click here to read more about merchant cash advance.

Financing of a particular business depends from business to business. No lender would finance 100% of your business but your percentage of business financed depends on the type of business, the size and the payment factors.

A temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt.