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Business banking: The basics

Small Business BasicsAs the owner or potential owner of a small business, there will come a time when you need more capital. So you'll start thinking about borrowing money. Entrepreneurs usually look for loans to capitalize the startup of a new business, increase the inventory of an existing business, expand their physical location or acquire other companies to grow.

Still, having enough cash available won't guarantee the success of your business. While insufficient funding is blamed for many new business failures, getting the right kind of financing and managing it well are also important.

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There are many ways to raise money for your business, as explored in our Capital Sources stories. This section will focus on one of the most familiar sources -- commercial lenders such as banks and finance companies.

 

BACK: Introduction to small biz NEXT: Do you really need a loan?
 
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