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

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:

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.

Key factors to consider when applying for a commercial credit line

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.

Main streets across Colorado are looking a bit different lately as small retail businesses face new challenges in a shifting economic landscape. While mom-and-pop shops were once the heartbeat of local downtowns, recent years have brought new hurdles that make it harder for these small businesses to survive. However, many are finding creative ways to adapt and continue serving their community.

Thriving as a Small Business in Texas’ Fiercely Competitive Market

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.

Small Business Growth: Evaluating the Difference Between Organic and Accelerated Development Approaches.

If you are a small business owner, chances are you didn’t go to school for business finance or economics. You own a business, that is what you do. If you are like a lot of our clients, so did your parents, and them before them. It runs in the blood. For a lot of small business owners, procuring the funds for growth is an important stepping stone on the path to a successful business. When you are looking to take this step, research is very important and it can be misleading finding truly helpful resources to guide and educate you about what’s available, how to obtain it, and key concepts to understand when navigating the world of small business funding. Even if you have a dedicated lender, who you have worked with and trusted in the past, it is beneficial to go out and seek your own knowledge in addition to what they have told you.

If your business is struggling to make payments on its business loans, you have a few options, which we’ll discuss in this post.

SBA Express Loans are the quickest type of funding offered by the Small Business Administration (SBA). They offer small businesses with the chance to access capital quickly and easily, allowing them to make necessary investments, expand operations, and more.

As a small business owner, you're always looking for ways to stay ahead of the curve and ensure your business's long-term success. With the possibility of an impending recession on the horizon, it's more important than ever to take a closer look at your business's financial health and start planning for what's to come.

‍During the Government imposed lockdowns in mid 2020, the American economy was technically in a recession, but after the lockdowns were lifted, the economy boomed back. Most small businesses weren’t prepared for these lockdowns. Most small businesses had little to no operational savings and couldn’t afford to pay staff, rent, and other necessities since no or very few sales were occurring. Thankfully the PPP and EIDL loans came through. But being prepared means not having to rely on the Government to help you.