What happens if I need more funding?
Many small business owners seeking funding for the first time treat it as a one-time deal that will take care of immediate needs. They often assume that [...]
Question 6: Will you file a UCC?
There’s a legal form out there that may keep you from getting the capital you need. If you’re not familiar with a UCC, make sure to do your research before you [...]
Question 5: What are the repayment terms?
Before they become small business owners, most people have only been exposed to loans through consumer lending. These loans typically follow a monthly [...]
Question 4: Are there limitations on how I use the money?
Still reeling from the financial crisis of 2008, banks continue to cautiously lend to small businesses. While access is improving, [...]
Question 3: What items are needed to get funding?
First things first: Have you approached your bank? At The Business Backer, we always recommend that our clients check with their banks first [...]
Question 2: What fees are involved?
Hidden fees are commonplace in the consumer world, tacked on to a wide variety of purchases including airline tickets, cell phone plans, and medical [...]
Question 1: What kind of lender are you?
Like many businesses in this world, there are lenders who work hard to deliver good solutions for their clients’ best interests, but there are others [...]
Just like we need water, oxygen, Netflix, and other basic human necessities to survive and thrive, you need capital for your business. From covering payroll during a lull in business to [...]