Updates and tips from the Shield Credit Blog
Feeling stuck with your young business? This blog post explores the SBA PRIME program, a game-changer for microentrepreneurs. Learn how PRIME can provide expert guidance, mentorship, and even loan assistance to fuel your startup's growth. Ready to unlock your potential? Reach out for more info!
March 12, 2024
Aspiring entrepreneurs considering their initial foray into the world of business ownership should seriously consider the advantages of buying an existing business. Established customer bases, existing marketing and sales channels, reduced risk through historical data, and easier access to financing thanks to proven track records all contribute to a potentially faster and smoother path to success.
March 4, 2024
To increase your chances of getting approved, it's important to craft a winning loan application. Here are some tips to help you do just that.
March 28, 2023
Building a strong relationship with your lender can increase your chances of getting better financing options.
5 scenarios where an MCA loan might make sense for your business
Explaining what a Line of Credit (LOC) is and how it works
Exploring the pros and cons of taking an interest paying loan vs. an investment in exchange for equity
What can go wrong when you take financing from the wrong lender
