In commercial transactions, personal guarantees are standards in business practices. However, most times, they are misunderstood and can pose great risks. It is an agreement one party has to answer for default, debt of miscarriage of another partner. Even though it is good to … [Read more...]
The Importance of Teaching Financial Education
Three-quarters of Britons are worried about their financial situation according to a recent survey by The Independent. Many people find themselves stuck living payday to payday and unexpected bills and expenses can really take a toll on their mental health. It’s surprising then, … [Read more...]
Growing a Business: Self-Funding vs Business Finance
So you’re trying to grow your business, but there’s one major obstacle: finance. Everything from advertising to manufacturing to simple everyday business operations cost money. Money is the fuel of business — it feeds growth and funds new opportunities. But often … [Read more...]
How to qualify for an SBA Express Loan
As a business owner, you need money. That is probably not news to you, after all, it takes money to make money. Perhaps you’re buying a new location for a store or a piece of machinery to help with producing your product. Or maybe your need is as simple as a cash flow problem – … [Read more...]
How Surety Underwriting Works
The world of surety underwriting can be complex and mystifying, especially to someone with little to no experience in running a business that requires a surety bond. But it's not all black magic and voodoo -- in fact, once you know the score, it's pretty straightforward. Here's … [Read more...]
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