3 Factors To Consider When Deciding Between A Secured And Unsecured Business Loan

A business owner can apply for two categories of business loans, namely unsecured business loans and secured business loans. Secured business loans are loans awarded to a business upon providing property or business assets as collateral to back up the loan. On the other hand, unsecured business loans do not require any collateral but rely on the history and performance of the business. Most business owners consider unsecured loans a better option than secured loans because they do not have to provide collateral. Read More 

3 Things To Know About Heavy Equipment Loans

If you run a construction business and you want to invest in a piece of heavy equipment, such as an excavator, you may need to take out a heavy equipment loan to help you finance the purchase of the equipment you need to keep your business running. 1. Heavy Equipment Financing Is Different Than Equipment Financing A heavy equipment financing loan is different than an equipment financing loan. An equipment financing loan is designed to cover more ordinary business equipment needs, such as printers, file cabinets, and computers. Read More