Lending News

PowerUp Lending News

The Art of Refinance and The Rise of Non-Traditional Business Lenders

Public Companies Reduce Balance Sheet Liabilities, While Small To Mid-Sized Businesses Still Struggle With Debt & Securing Loans

Chop Down Your Small Business Debt with Micropayments

All businesses have both a peak and off-peak season – meaning a time of the year when demand is highest or lowest, respectively.

Improve Your Cash Flow with a Business Loan Consolidation

Cash flow is important for every business, and one way to improve your cash flow is with a business loan consolidation. This solution can provide your business the ample liquid resources you need to thrive.

Top 3 Physician Financing Considerations for Tele-Medicine Platforms

Physicians should consider using part of their financing to acquire telemedicine programs because they can reduce their operating costs and their paperwork. Telemedicine platforms can further enhance physicians' patient engagement programs. Telemedicine platforms can deliver benefits ranging from tracking medication intake and dosage, to tracking insurance reimbursement and providing continuing education resources for physicians.

Three Reasons Refinancing Debt Improves Customer Engagement

 Refinancing debt can improve customer engagement in many ways. With lower monthly costs, a small business might be able to purchase new equipment and upgrade its services and products, or renegotiate better contracts with vendors and suppliers. With an influx of welcome cash, it might also be able to develop its digital marketing presence through social media and reach more people.

Important Questions to Ask When Refinancing a Business Loan

One of the essentials for a healthy business is a supply chain management system unencumbered by debt. But building and maintaining a supply chain to run smoothly can be quite difficult, particularly if there are no best practices for managing costs and procurement. Sadly, businesses too often focus primarily on managing their key supplier relationships and often ignore important internal structural issues involving the debt that their supply chain management system will accrue.

Consolidation May Help Medical Practices Afford New Device

In April 2016, the U.S. Food and Drug Administration (FDA) approved “the world’s smallest pacemaker”—the Micra® Transcatheter Pacing System (TPS)—as noted by ScienceDaily, a website reporting on the latest scientific developments.

6 Benefits of Consolidating Debt

When business owners find it difficult to make their monthly payments to multiple creditors, they turn to debt consolidation as a viable solution. Although it may not be suitable for everyone, consolidating debt has several benefits that you should keep in mind when you're exploring different financial options for your business.

How to Improve Your Credit Score for a Business Refinance

Refinancing a business loan has many benefits, such as decreasing the amount you pay in interest. But like any other type of financing option, not only do you need to carefully assess the pros and cons of making this decision for your business, but you also have to meet the requirements in order to take that step.

How to Secure a Small-Business Loan After the Bank Says “No”

When you’re looking to obtain a small-business loan, the first thing that probably comes to mind is: “If a bank rejects my application, I don’t have any other options.” But this couldn’t be further from the truth. There are plenty of other lenders who will provide you a loan so your business can grow.