Sentences with phrase «of business credit lines»

There are many types of business credit lines to choose from, so it is a good idea to do your research and shop around for the credit line that best fits your business situation and credit standing.

Figuring out which of the above types of business credit lines is best for you and your business is an important part of the process of applying for a business line of credit.

This tends to be the more attractive type of business credit lines to business owners for obvious reasons, however, they are much more risky for the lender, therefore your credit score must be excellent.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Not exact matches

Because of its financial size, credit line and contractual agreements, the parent company offering the business opportunity can often arrange better financing than an individual could obtain.

This can be pivotal for your small business obtaining a business loan or line of credit down the road.

Securing funds from a variety of sources, such as loans, lines of credit and credit cards are common methods of injecting cash into your business — but managing these properly can be a challenge.

For many small businesses, guaranteeing a line of credit — especially if you are lacking a well - established credit history — can be a struggle.

Having a good credit score will help you scale your business and obtain loans, financing and further lines of credit for big purchases.

The flexibility of interest rates on a business credit card is something that you would not deal with if you had a loan or fixed line of credit.

If your business is growing quickly, consider external financing such as a loan or line of credit.

Many small - business owners feel frustrated when they try to apply for a line of credit or a small - business loan — they feel like banks are only set up to loan money to big companies.

We spent the first five years of our business in a constant state of anxiety, culminating in a near - disaster; in 1989 our bank kicked us out and we lost our line of credit.

For my own part, thirteen years after starting my business, I went to our bank to request an increase to our line of credit — and was rejected.

According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»

Those kinds of struggles had led 53 percent of those small businesses to apply for funding or credit lines over the past five years — and more than one in four said they had sought loans multiple times.

If your business is doing well — you have accounts receivable, industry growth is strong and you have good credit — now is the time to consider a loan or a line of credit.

Cold, hard cash: Hewitt and his partners invested an undisclosed amount of personal funds in the business, along with seed capital from an investor friend, and opened a line of credit.

The line of credit is one of the most sought after (if not the most) loan product available to business owners.

Small business loans and lines of credit are usually applied for to obtain the necessary funds to grow a business.

In order to keep up with your customers and competition, you may want to consider a small business loan or line of credit to finance purchases or renovations.

Either way, lines of credit make for a great safety net for any small business, and is a smart credit opportunity for most small business owners to seek.

Remember, they are much like a business loan or line of credit.

Your balance sheets will help show the bank the worth of your assets and the strength of your company, which can in turn determine the SBA loan or line of credit amount you qualify for that would best fit your business's needs.

Factoring is one of a number of alternative sources of financing for small and midsize businesses when a bank pulls their credit line or says no to a traditional business loan.

«There's lots of additional content to consider, such as everyday savings offers, general business advice and the availability of things like working capital lines of credit and installment loans,» says Richard Tambor, senior vice president and general manager at New York City - based American Express Business business advice and the availability of things like working capital lines of credit and installment loans,» says Richard Tambor, senior vice president and general manager at New York City - based American Express Business Business Finance.

The first step is applying for a business credit card or line of credit.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Shintani says that companies should also look at alternative sources of financing: «In addition to a line of credit, business owners should consider SBA lending, micro-financing, or an equity partner.»

Commercial lending to businesses by banks is rising at a rate that far outpaces the loans they're making for mortgages and home equity lines of credit, but you wouldn't necessarily know that from speaking to some of the smallest businesses in the U.S.

Three months of timely payments wins the business a higher limit and a revolving line of credit.

As Dale Shintani, senior vice president of small business lines of credit at Wells Fargo, says: «What's important to understand is that we want to approve as many small businesses as we can.»

This means small businesses can use their lines of credit upon approval.

Manufacturers of seasonal equipment are among the types of businesses that could make good use of a line of credit.

Only large businesses with strong balance sheets and long - term positive cash flow may qualify for an unsecured line of credit.

A look at how small businesses can take advantage of the research and development tax credit to cut their taxes and improve their bottom lines.

A $ 2 million line of credit enabled the company to take on new customers and grow the business.

Leasing equipment is a smart way for businesses to get what they need, even when lines of credit are tight.

Having a business line of credit at the bank is a good backup and will help you to avoid personal debt to finance the business, but until you have regular income for the business, it should be a last resort.

Because a former business partner defaulted on his company's line of credit, and I was the only one dumb enough to personally guarantee the loan.

Roughly 40 percent of businesses that apply get approved, Shinar says, with credit lines ranging from about $ 5,000 to $ 20,000.

We added a new product, a line of credit, in 2016, expanding our ability to offer working capital funding to small - and medium - sized businesses.

Most businesses, such as Dobi & Associates, do that with lines of credit.

Business owners are popular targets for identity thieves, he says, because they typically have access to substantial lines of credit, they're engaged in a lot of transactions that could put their information at risk, and their personal and business finances are often inteBusiness owners are popular targets for identity thieves, he says, because they typically have access to substantial lines of credit, they're engaged in a lot of transactions that could put their information at risk, and their personal and business finances are often intebusiness finances are often intertwined.

As a CPA I can attest that there are certainly situations where taking a loan, obtaining a line of credit, or accessing other forms of debt can help you and your business grow.

You can try to boost your score by reducing the balance on your business credit cards or requesting a credit - line increase to lower the percentage of your available credit in use.

Even though these programs tend to be more expensive than loans and lines of credit, a large group of merchants turn to them because they can gain access to financing more quickly and easily and because the repayment schedule tracks their business performance.

«Prepayment is especially valuable if you believe your business may grow soon, and you may need a larger line of credit,» says Jeanne Brutman, a New York - based financial planner for small - business owners.

«Applying for a barter credit line is different from applying to a bank,» says Douglas Dagenais, vice-president of Barter Corp. in Oakbrook Terrace, Ill., a network of about 3,000 member businesses.