Small Business Cash Advance Loans | Business Advance Lenders

Micro Business Loan vs Small Personal Loan for Business Use

Businesses experience unpredictable situations every so often. Recent times, if anything, have only been a true testament to this reality. Some situations call for an urgent need of funds, and some requirements are too little for a full-fledged financing plan in the form of a traditional or an alternative business loan. In such situations, many business owners face the dilemma of choosing between a micro business loan and a small personal loan. To fulfill the financial requirements of their business.

Micro business loans and small personal loans provide quick funds, but their effectiveness depends on the situation. Micro-business loans are usually better due to their larger scale, but decision-makers need to understand the differences. Not all situations are the same, so knowing these variances helps in making informed choices. (more…)

Small Business Loans for Start-Ups in 2021-22

2020 had seen a massive hit to the economies of every country across the globe, due to the pandemic caused by the novel coronavirus. This lead to a lot of business delays for already existing companies, as well as new ones. A number of businesses that were all set to open up and commence operations in 2020, has a prolonged delay for about a year and a half before they could go all out.

2021-22 is the start of a new era, since due to the hard work of a number of scientists, doctors and other professionals, we finally managed to produce a vaccine to defeat the coronavirus. That being said, businesses are up and running again and the ones that had to wait for the many months when covid-19 was rampant, have finally been able to start and set up shop. (more…)

Can a Business Continuity Loans Help Me?

Businesses face ups and downs. When a challenge hinders a business operation, and money is what it takes to bypass the hindrance, a business continuity loan can be a helpful tool. Many businesses consider situations of this sort rather plausible and maintain “Business Continuity Plans” or “Contingency Management Plans” to handle them. Some plans may include an internal source of funds, while some may need external support from a reliable source, like Business Advance Lenders.

While having a defined business continuity plan can be of great help in such times, we at Business Advance Lenders are here for you whether your business maintains a continuity plan to counter a situation of contingency.

(more…)

Best 8 Low-Cost Ways to Expand Your Business

Businesses owners love seeing their businesses thrive and grow. Several factors may lead to growth and oftentimes, there are ways in which business owners and stakeholders work to make their business grow. The expansion of businesses can take place in many ways and many efforts can be considered universal – no matter what industry the business serves and what the nature of the business is. Here are 8 low-cost ways that you could consider as you look to expand your business: (more…)

Business Loan Risk Analysis in Short

It is a known fact that loans come with risks. It is also a known fact that everything in business has some risk associated with it. Risk is an integral part of business, and understanding risks can help understand ways to control or reduce them. Through this article, we aim to explore the typical risks associated with business loans and reflect upon the risks – by eliminating jargon, complicated lingo, and technical terminology.

(more…)