Package delivery giants United Parcel Service (UPS) and FedEx (FDX) are making aggressive moves to pare back rising fuel costs. But UPS is also taking a more unusual step: trying to boost customer demand by loaning money to small businesses. On Sept. 9 the Atlanta company plans to unveil Cargo Finance, aimed at helping small ...
Some say it’s the pinnacle of free enterprise. And pop culture lore is filled with tales of budding entrepreneurs with little more than a dream, ambition, and an empty garage. Yes, just start the business, get a loan, and get cracking on…. wait a second, let’s back up a bit. Start up business funding is ...
The 30% interest rate on their small business credit card shocked James and Heather Hills enough to stop using it entirely in April. The couple had turned to credit cards in early 2006 to get their Elgin (Ill.) startup, mhn Internet Marketing and PR, off the ground, after three loan officers told them that they ...
Getting a small business loan is not as easy as saying you have a great idea and holding out your hand. While it is difficult to get a start-up business loan without a proven track record, it’s not impossible. In just 60-seconds, we’ll show you how to improve your odds for getting a small business ...
Without a previous track record in business, securing a bank loan may be difficult. Banks cite risk factors and increasing costs of servicing small accounts as the primary reasons for minimizing their exposure to small businesses. Still, it can be done. Here are the steps that you should take to improve your chances of getting ...
When you apply for a loan from a bank, almost all banks expect you to submit a business plan along with your loan application. But don’t think just because you have a plan, you’ll get a loan. If you’re a startup, your chances of getting a bank loan are actually pretty slim. That’s because banks ...