Most small business owners must borrow the money they need to get started or engage in business-related tasks such as new product testing, acquisitions, and more. Fixed-rate loans are predictable, so you can move your business in the right direction while maintaining control. You may find a need later on to refinance your business debt. In the future, refinancing that business debt will allow you to take out a larger loan to cover the existing debt, as well as new…

On average, approximately 50% of small businesses fail within the first year and 70% fail within the first 10. Of these failing businesses, 82% of the time, the failure stems from small business cash flow issues. Even growing businesses may have cash flow issues, resulting in an inability to pay staff, pay overhead, and keep inventory stocked. When these things are not done, your small business will fail. However, you don’t have to panic. If your business is located in…