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resources on obtaining loans

Getting Loans

Discover comprehensive insights and practical advice on securing funding, managing cash flow, and optimizing financial strategies for your small business.

Featured Article posted by

John McGlynn

on

May 30, 2025

Declined by your Bank? Here is what to do.

Your bank’s decline wasn’t a verdict on your business. It was a reflection of the banks limitations.

Line of Credit Approvals with Losses On Tax Returns

Think your business has to be profitable to get a line of credit? Not true—LineofCreditDepot.com helps businesses with losses under $100K get approved every day.

Using a Line of Credit to Complete More Jobs and Grow Your Construction Business

Construction businesses often face cash flow challenges due to costly overhead expenses—think labor, materials, equipment, and insurance.

Lines of Credit vs Loans: Which is Best for Manufacturers?

As a manufacturer, you need access to capital to keep your business running smoothly. But should you get a term loan or line of credit? Understanding the key differences will help you determine the best financing option.

Loans vs. Credit Lines: Financing Options for Dental Practices

Loans vs. Credit Lines: Financing Options for Dental Practices

Unsecured vs Secured Lines of Credit for Dentists

When dentists need access to financing, a line of credit can be an excellent solution. But should you opt for an unsecured or secured line? Here’s an overview of the key differences dentists should understand when weighing these options:

Lines of Credit for the Dental Industry

For dental practices, having access to financing is crucial for managing cash flow and seizing opportunities when they arise. One of the most useful financing tools for dentists is a business line of credit. Here's an overview of how lines of credit work and why they can be so valuable for dental practices.

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resources on current events

Economy & Government

Discover comprehensive insights and practical advice on securing funding, managing cash flow, and optimizing financial strategies for your small business.

Featured Article posted by

Matthew Elling

on

September 18, 2024

Fed's are officially cutting rates

The Federal Reserve made a key move for the first time in terms of interest rate cuts since the outbreak of the hyper-inflationary period following the Covid-19 pandemic.

Announcement: Rates are Dropping

The Federal Reserve has announced that interest rate cuts are on the horizon in Q4 2024. What does this means for small business credit rates?

Securing Financing before Standards Tighten

An article released by ZeroHedge highlights the concerning rise, in credit card delinquency rates, which have reached their levels in over a decade surpassing 3%. As consumers face challenges with increasing costs and debt burdens banks are becoming more cautious and getting approved for a new line of credit is getting harder.

Small Business Spotlight: Craft Breweries Driving Colorado’s Economy

Colorado is famously home to a thriving craft beer scene, with breweries popping up in all corners of the state. As these small businesses continue growing and innovating, they’ve become a major economic driver that supports local communities.

Tips for thriving as a small business in Texas' competitive landscape:

Thriving as a Small Business in Texas’ Fiercely Competitive Market

How Small Businesses Are Driving Job Growth in Texas

While corporations often dominate the headlines, it is actually small businesses that drive job creation in the Lone Star State. Recent data highlights the significant contribution of Texas' thriving small business community to the state's economy and employment growth.

Cash Crunch: Slowing New York Economy on Small Business Financing

The New York economy has been a major engine of growth and opportunity for small businesses for decades. However, recent data shows slowing statewide GDP and employment growth along with rising costs.

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resources on current events

Banking & Credit

Discover comprehensive insights and practical advice on securing funding, managing cash flow, and optimizing financial strategies for your small business.

Featured Article posted by

Matthew Elling

on

January 17, 2025

Can I get a Business Line of Credit if my business is not profitable?

Line of Credit Approvals, Even with Business Losses

Line of Credit Depot Eases Credit Requirements Amid Tightening Lending Landscape

Line of Credit Depot (LOCD) has revealed intentions to relax their credit requirements, for business loan products.

Small Business Owners are Loading up their Personal Credit Card Debt

The inflationary environment that small business owners are encountering right now, means that their businesses are spending more for everything and this has a direct effect on credit approvals.

Why Manufacturers Should Consider Unsecured Lines of Credit

As a manufacturer, quick access to capital is crucial for smooth operations. You need to cover variable expenses like payroll, inventory, and equipment repairs when the need arises. An unsecured line of credit can provide that flexible working capital without the need for collateral.

The Benefits of Avoiding Credit Card Processing Fees for Merchants

What Does My Credit Score Have to Be to Qualify for a SBA Loan

If you’re interested in applying for a Small Business Administration (SBA) loan, you may be wondering what credit score you need in order to qualify. The short answer is that there is no single, universal credit score requirement for qualifying for an SBA loan; credit scores are just one of the many factors lenders consider when evaluating a loan application.

Unfreeze Your Credit

In today’s digital age, identity theft and data breaches are becoming increasingly common. One way to protect yourself from this type of fraud is to use a credit freeze. A credit freeze, also known as a security freeze, is a tool that allows you to restrict access to your credit report.

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