Posts by Liz Lowman
Smart Financing: Guide to Loans for Auto Repair Shops
Running an auto repair shop takes more than just knowing your way around an engine. Behind every successful garage is a business owner juggling payroll, rent, parts ordering, customer service, and yes, cash flow. And sometimes, that last part needs a little help. That’s where loans for auto repair shops come in. Whether it’s to…
Read More5 Reasons Small Businesses Fund with Alternative Lenders
More and more, small businesses seek funding with alternative lenders as opposed to traditional banks. For one thing, traditional banks continue to make it hard for small businesses to access capital with increased guidelines and regulations. But let’s take a look at the other reasons: Quick Access to Capital First, alternative lenders often offer faster…
Read More5 Smart Reasons Auto Repair Shops Should Consider Small Business Loans
Running an auto repair shop isn’t just about fixing cars anymore. With shifting customer expectations, rapid advances in technology, and increasing competition, today’s auto repair shops must work smarter to stay ahead. That means thinking strategically about everything from service offerings to the tools in your garage. For many auto repair shops, small business loans…
Read MoreHow to Finance a Business: 6 Strategies Every Entrepreneur Should Know
Learning how to finance a business is one of the most important steps for any entrepreneur, right up there with picking a name, finding your first customer, or deciding whether coffee counts as a business expense (it does). The reality is, no matter how great your product or idea is, money will either help it…
Read MoreUnderstanding the Small Business Loan Application Process
The small business loan application process can be daunting if you don’t know what to expect. Whether you’re looking for a term loan, line of credit or something more like a flex-pay product, the basic process is similar across them all. Let’s review each step to provide a better understanding. Preparing your small business documentation…
Read MoreA Look at Financing a Business: What You Need to Know
Financing a business isn’t just a step in the process—it’s often the step that makes or breaks your venture. Whether you’re just launching or looking to scale, how you secure and manage funding plays a major role in what’s possible for your business. But let’s be real: the phrase “business financing” can sound vague or…
Read More4 Tips to Get Approved for Small Business Funding
If growth plans for your small business require outside funding, one of your first steps is to understand your eligibility. Every financing provider has its own minimum requirements. We’ll examine what ZING Funding requires when applying for financing as an example. Time in Business Your business should be established for at least six months. This…
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