Thu.Oct 26, 2023

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Small Business Loans With No Collateral: What Are Your Options?

Lendio

A traditional business loan can be difficult to get without collateral. Many lenders may be unwilling to approve you for a business loan unless you can offer some sort of asset—such as real estate or equipment—which you agree to surrender if you’re unable to repay the funds you borrow. However, not all borrowers have assets to provide as collateral.

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ADC Reinvents at EO Nerve 2023

Accounting Department

Our team rounded out another successful year of EO events last week while attending EO Nerve. ADC Business Development Representative, Shawn Marcum, and Content Manager, Mike DeFusco, attended the multi-day event in Tampa, FL.

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The balancing act: Extending credit without risking receivables

Chaser

In today's business world, offering credit has become common among companies of all sizes. It allows businesses to attract and retain customers, increase sales, and ultimately stay competitive in the market. However, extending credit also comes with risks that can harm a company's financial stability. The dilemma for businesses then becomes finding the balance between offering credit to customers while minimising the risks involved.

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Transforming Lending: Understanding the Power of Digital Platforms 

Biz2X

Reading Time: 3 minutes Digital lending platforms are ushering in a profound transformation for lenders of all stripes, including community banks, credit unions, and traditional banking institutions. These advanced technologies, underpinned by artificial intelligence (AI), are redefining the lending process, enhancing efficiency, precision, risk management, and lending capacity.

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How to Create a Missouri LLC: A Step-by-Step Do It Yourself (DIY) Guide

Inc. Authority

Establishing an LLC in Missouri can be an advantageous step for many entrepreneurs, offering benefits like personal liability protection, potential tax advantages, and flexible management structures. Here’s a comprehensive guide to help you set up an LLC in Missouri: Save … Continue reading → The post How to Create a Missouri LLC: A Step-by-Step Do It Yourself (DIY) Guide appeared first on Inc Authority.

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Transforming Lending: Understanding the Power of Digital Platforms 

Biz2X

Reading Time: 3 minutes Digital lending platforms are ushering in a profound transformation for lenders of all stripes, including community banks, credit unions, and traditional banking institutions. These advanced technologies, underpinned by artificial intelligence (AI), are redefining the lending process, enhancing efficiency, precision, risk management, and lending capacity.

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Lendio Pledges Continued Support for Small Businesses with Employee Retention Tax Credit Applications

Lendio

5,000 small businesses have received over $300 million from the ERC with Lendio LEHI, Utah—Oct. 26, 2023—Lendio, the nation’s leading small business financial solutions platform, today reaffirmed its commitment to supporting small businesses (SMBs) with the Employee Retention Credit (ERC) and navigating the application process for SMBs with Lendio’s tax partners.

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Is your finance team fit for purpose?

blue dot counseling

From the board of directors down, does everyone know how to do their job to make sure that the numbers are right and are produced in time to be useful? The post Is your finance team fit for purpose? appeared first on Blue Dot Consulting.

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LaKisha Gant Joins TMC Financing to Help Enhance Closing and Loan Servicing

TMC Financing

October 2023 – TMC Financing proudly welcomes LaKisha Gant as the new Senior Vice President, Closing & Servicing Manager. With over two decades of experience in small business lending, LaKisha. The post LaKisha Gant Joins TMC Financing to Help Enhance Closing and Loan Servicing appeared first on TMC Financing.

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20 Frugal Habits for an Eco-Friendly Lifestyle

Due

A green lifestyle can sometimes seem overwhelming or costly. However, you can reduce your environmental impact without breaking the bank if you adopt a few simple and frugal habits. Keeping that in mind, here are 20 frugal sustainable living tips to help you save money and start a more sustainable lifestyle today. 1. Reduce your energy consumption. What is one of the best ways to save money and reduce your environmental impact?

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Stopping the Surge in Solicitations After Applying for a Loan

Regal Credit Management

Have you ever wondered why your phone starts incessantly ringing after you’ve applied for a mortgage loan? The answer lies in the world of credit bureaus, data sharing, and the evolving landscape of technology. We’ve teamed up with Mark Maimon (NMLS ID #3550), a seasoned mortgage loan officer with decades of experience, to shed light on the situation and provide insights into the surge of calls many borrowers experience.

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Are You Paid in Your Companies Stock? Employee Stock Options Might Be Super Risky Right Now

Due

An increasing number of companies are compensating their employees through a combination of cash salary and company stocks. While this payment structure might seem attractive as the stock market continues to reach new heights and tech companies grab headlines with astronomical valuations, it carries inherent risks. This includes private companies. This article will explore the pitfalls of accepting a significant portion of one’s salary in company stocks, draw lessons from General Electric&

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