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Construction Business Line of Credit: What Options Do I Have?

Construction Business Line of Credit: What Options Do I Have?

by Aspen Business Funding | May 15, 2025 | Blog, Business Loans, Running a Business, SBA Loans

Once your line of credit is in place, using it wisely is key to maximizing its benefits. Here’s how you can make the most of this financial tool. Improving Cash Flow During Slow Periods Construction businesses often experience seasonal slowdowns. Use your line of...
Franchising vs Starting a Business From Scratch vs Buying an Existing Business: Which One is Right for You?

Franchising vs Starting a Business From Scratch vs Buying an Existing Business: Which One is Right for You?

by Aspen Business Funding | Apr 23, 2025 | Blog, Business Loans

When it comes to becoming your own boss, there are multiple paths to choose from. Should you join an established brand by franchising, take the plunge with a brand-new startup, or buy an existing business? Each option comes with unique opportunities and challenges,...
6 Reasons Your Small Business Loan Application Was Rejected (and How to Fix Them)

6 Reasons Your Small Business Loan Application Was Rejected (and How to Fix Them)

by Aspen Business Funding | Apr 16, 2025 | Blog, Business Loans

Applying for a business loan can be nerve-wracking. How do you know if you’re applying for the right loan? What if your application gets denied? These are all valid concerns, but don’t let the fear of rejection stop you from pursuing the financing your business...
Is an SBA Loan Better Than a Merchant Cash Advance? Absolutely.

Is an SBA Loan Better Than a Merchant Cash Advance? Absolutely.

by Aspen Business Funding | Mar 14, 2025 | Blog, Business Loans, SBA Loans

In short: yes. When it comes to securing funding for your small business, you have several options to choose from. Among the most commonly considered are Small Business Administration (SBA) loans and merchant cash advances (MCAs). But which option is better for your...
How 7(a) Loans Can Help Entrepreneurs Grow Their Business

How 7(a) Loans Can Help Entrepreneurs Grow Their Business

by Aspen Business Funding | Feb 21, 2025 | Blog, Business Loans

National Entrepreneurship Week is an excellent time to celebrate the resilience, creativity, and impact of entrepreneurs on our communities. Whether you’re launching your startup or managing a small business, this is a reminder of the innovation and commitment...
How to Evaluate Your Loan Offer Before Signing the Dotted Line 

How to Evaluate Your Loan Offer Before Signing the Dotted Line 

by Aspen Business Funding | Feb 19, 2025 | Blog, Business Loans

Securing a loan can be a pivotal moment for small business owners, startup founders, and entrepreneurs. Whether you’re seeking funds to expand your operations, purchase new equipment, or increase working capital, a small business loan offers a wealth of...
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