Month: August 2024

A documented operations manual is a good idea. Here are five reasons you should consider creating one for your small business. The post A Step-By-Step Guide to Operations Manuals: What They Are and How To Create One appeared first on OnDeck.

In the world of business financing, securing the right funding can be a significant challenge for small businesses. Traditional small business loans often come with stringent requirements, leaving many entrepreneurs in search of alternative financing […] The post The Pros and Cons of Merchant Cash Advances appeared first on OnDeck.

Managing cash flow isn’t always easy. In addition to lines of credit and business term loans, many small business owners turn to merchant cash advances (MCAs) to get quick access to capital. While MCAs can […] The post Merchant Cash Advance Consolidation: How It Works and What You Need to Know appeared first on OnDeck.

Having a line of credit can be a lifeline for small businesses. It provides a safety net for unexpected expenses — and flexibility that traditional small business loans usually can’t match. However, determining the right […] The post How To Determine the Amount of Your Business Line of Credit appeared first on OnDeck.

If you’re a small business owner, it’s important to have financial flexibility to see you through the ups and downs of entrepreneurship. You will probably encounter slow periods, or an emergency expense or two that […] The post 5 of the Best Ways To Use Your Business Line of Credit appeared first on OnDeck.