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How Revenue-Based Financing Providers Are Revolutionizing Business Funding

Strategy Driven

The company secured a revenue-based financing solution to accelerate its development and expand its operations. The former typically lend money based on your credit score and your business’s past cash flow, while the latter often invest in equity and require a large percentage of your company’s stock in exchange for funding.

Finance 104
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Minority Entrepreneurs Still Face Discrimination When Seeking Finance

The Horizons Tracker

Equipped with business profiles that exceeded the criteria for loan qualification, the Black testers were furnished with even stronger profiles (including higher business income, longer operational history, greater funds in their accounts, and superior credit scores).

Finance 104
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Why P2P Lending Makes Complete Sense for Startups

Strategy Driven

Since the entire process is technologically driven, it ensures transparency and involves low operating costs and market risk. Also, startup owners who do not have good credit but a healthy cashflow find it tough to get loans from credit unions or banks. They do not have administrative and operational costs to pay.

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How to Start Your Own Business Online

Strategy Driven

Make use of technology and create a landing page and list down all important attributes of the product/service. The next step is to determine the tax regulations about the industry of operation. Improve the credit score of the business. Read up on the legalities attached to the nature of your online business.

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Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

Small businesses are also instrumental to our innovation economy; small firms produce 13 times more patents per employee than larger firms and employ more than 40% of high technology workers in America. Neither sales nor employment have fully recovered, and credit seems harder to come by. Finance Small/medium business Technology'

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Common Financial Mistakes Small Businesses Make and How to Avoid Them

Strategy Driven

Financial consultants are a one-stop solution for all your financial concerns – be it tackling operational challenges or looking for investment opportunities for your business. While this process might seem time-saving, it can in fact jeopardise business operations in the long run.

Finance 96
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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business Review

banks are going to survive the coming wave in financial technology (fintech), they’ll need to finally take digital transformation seriously. Small businesses are starting to demand banking services that have engaging web and mobile user experiences, on par with the technologies they use in their personal lives.

Banking 14