News - Inspyre

8 Tips and Tricks for Financing Investment Property

Posted by admin
On January 24, 2021

Investing in real estate is one of the best ways to build wealth and generate passive income for a long time. While it is more work upfront, investment in real estate can provide far greater returns than conventional investment accounts. Once you identify the type of real estate investment you’d like to pursue, it’s time […]

Common Errors in Business Credit and How to Fix Them

Posted by admin
On January 19, 2021

If you want to grow your business, you’ll eventually need credit. Accordingly, it’s important to ensure that your credit report remains updated and accurate. The Fair Credit Reporting Act safeguards your personal credit rating. It protects consumers from unfair and inaccurate credit reporting. However, your business credit doesn’t have the same protection as your personal […]

Equipment Financing: How It Works and How to Leverage It for Your Small Business

Posted by admin
On January 17, 2021

Not sure how to leverage equipment financing for your business? Look no further than this guide to making the most of equipment financing.

The Small Business Owner’s Guide to Merchant Cash Advance

Posted by admin
On January 12, 2021

Is your business in financial trouble? Perhaps your business is in great shape, but you want to expand operations. Regardless of your situation, a merchant cash advance can help. An MCA is a cash advance that stems from your credit card sales. Under an MCA borrowers sell a portion of their future business revenue in […]

Guide to Invoice Factoring for Small Business Owners

Posted by admin
On January 10, 2021

As of 2020, the United States market size for invoice factoring is worth a staggering $4.7 billion. In the five years leading to 2020, demand for invoice factoring services has grown steadily, with the industry growing faster than the economy overall. It’s easy to see why many small businesses regularly use invoice factoring services. As a […]

The Importance of Business Credit

Posted by admin
On January 5, 2021

As a business owner, there are many times when your creditworthiness is important. Maybe you need to rent space and need a landlord to agree to a lease. Maybe you need a business loan to grow your business or help with cash flow. As your business depends on others assessing the risk in working with you, […]

Small Business Guide: When Is the Right Time to Use a Business Line of Credit?

Posted by admin
On January 3, 2021

Cash flow can be tricky to manage for a small business. When cash runs low, you can be caught between waiting for payments from customers and needing to pay your own bills. You may also find that you need access to additional cash to fund an increase in demand from your customers but don’t have […]

What Is the Paycheck Protection Program Flexibility Act?

Posted by admin
On December 29, 2020

When COVID-19 forced closures in March of 2020, many small businesses suddenly found themselves without any income. The Paycheck Protection Program was announced as part of the CARES act specifically to provide some relief. A PPP loan would cover the payroll of small businesses and later be forgiven if the business met certain requirements. The […]

How to Leverage Alternative Financing to Solve Your Small Business Cash Flow Problems

Posted by admin
On December 22, 2020

Small businesses often begin with a dream and a desire to see it through. Entrepreneurs see some type of need and a way to make it happen. Next comes the business plan, the road map to success. How will the business be structured? How many employees are needed? What equipment needs to be purchased? What […]