Eclectic-Systems

Everything You Need to Know About Financing

Introduction to Business Financing

Whether you’re looking to scale beyond bootstrapping or cover a cash emergency, business financing can help. Seems simple, right? Well, if you’ve ever searched “business loan,” talked to a lender, or tried to read a term sheet, you’ll know that it’s anything but.

The right option for your business will depend on a lot of factors, including revenue and credit scores. It’s also not just about getting approved — it’s about making sure you understand the fine print. Arm yourself with our top resources that can help take you from the funding search to signing the contract.

Chapters

The Importance of Business Funding by Business Stage

Understand how your stage of growth affects your funding options and readiness.

How To Get a Business Loan

Learn the step-by-step process for applying, qualifying, and securing a loan.

Debt vs. Equity Financing

Compare the pros and cons of borrowing vs. selling ownership.

How Banks Assess Credit Risk

See how lenders evaluate your business creditworthiness and cash flow.

Small Business Owners’ Guide to IRS Business and NAICS Codes

Match your business classification correctly to improve funding opportunities.

Business Credit and Other Financing Options for High-Risk Businesses

Explore creative financing alternatives for companies outside traditional credit criteria.

How To Use Debt To Grow

Learn when and how leveraging debt can accelerate your business expansion.

Common Small Business Financing Fees

Understand origination, servicing, and prepayment fees before signing any contract.

Why You Have to Sign a Personal Guarantee for a Business Loan

Learn why lenders require guarantees and how to limit personal exposure.

Types of Business Financing (And What They’re Best For)

From term loans to lines of credit — find out which type fits your goals.

Business Loans For Bad Credit

Discover lenders and funding programs designed for lower credit profiles.

When To Use Credit Cards vs. Loans

Compare short-term flexibility and long-term financing to balance your strategy.

Lending Money To Your Own LLC

Learn the rules, documentation, and tax considerations when funding your own entity.

Prepare Your Business for a Loan With This Checklist

Make sure your finances, paperwork, and credit are in order before applying.

Ready to Secure Financing?

Whether you’re growing or recovering, the right financing can give your business the stability it needs.

Explore Loan Options