wsfadmin, Author at White Stone Fund

29 May 23

Merchant Cash Advances vs. Business Line of Credit—A Guide for Small Businesses in NYC

Getting the right type of funding is a crucial part of running a small business. Both merchant cash advance and business lines of credit are popular among small businesses due to their flexibility, convenience, and lack of strict requirements. If you’re unsure which loan will be right for you, here’s a detailed guide to cash advance and […]

A person is writing something in a notebook

22 May 23

Navigating the Application Process for Private Business Loans in NYC

Many businesses in NYC require loans to maintain or increase their operations, keep up with the industry demands, and get ahead of the competition. The loan application process can be intimidating, especially if you’re new in the industry or don’t have the perfect credit score. However, private business loans are much more lenient and flexible. […]

18 May 23

How to Qualify for a Business Line of Credit as a Startup in NYC

A business line of credit is one of the most flexible financing options for businesses. This loan provides access to a credit line, so you can withdraw funds whenever you need them. Starting a new business and making it operational requires a lot of funding and there are many unexpected costs involved. Having a line […]

15 May 23

The Role of Private Lenders in Small Business Financing

As a small business, securing a loan from banks or a credit union is not easy. Traditional lenders and financial institutions aren’t willing to provide funding to small businesses without adequate collateral and trading history. This is where private lenders come in; they not only offer loans to small businesses but also let you negotiate […]

A person is filling a bank loan application

09 May 23

4 Mistakes to Avoid When Applying for a Business Loan

Whether you’re a startup or a small-medium business owner, loans are an essential part of keeping your company running. From investing in projects to buying equipment, a business loan can help cover a wide range of expenses. However, securing a loan isn’t easy, especially if you own a small or new business. As leading loan […]

05 May 23

5 Things to Consider Before Starting Your Business

Every individual has the desire to start their own business, but only a few of them remain afloat to achieve it. If you’ve finally decided to pursue your dream and start a business, you need to consider a few factors to avoid any major problems. Almost 50% of new businesses fail during the first five years […]

A small business owner shutting down her clothing company

01 May 23

How to Avoid Bankruptcy — A Guide for Small Businesses

Running a small business in today’s economy can be challenging, and many fail during their initial years. Keeping up with increased expenditures pushes businesses to fall into debt and eventually declare bankruptcy. However, bankruptcy isn’t the only way out and it’s avoidable with the right steps. As a leading business financing solution provider in NYC, […]

29 Apr 23

Common Causes Behind Poor Cash Flow Management

Poor cash flow management creates many problems for businesses, and 82% of them even fail. A healthy influx of cash is the key to any company’s success, regardless of the industry. You shouldn’t fall behind on important bills, should have access to quick funds for investments, and pay your employees on time. Therefore, it’s essential […]

A shocked man sitting in front of a laptop

26 Apr 23

3 Loan Scams to Avoid in 2023

In the past few years, loan scams have increased significantly. These scammers exploit businesses’ vulnerabilities and impersonate government agencies and lenders. In fact, research shows that more than $2.8 billion were lost to government imposter scams in 2021. These loan scammers make big promises and claims that are too good to be true, but since you […]

A stressed woman after seeing a loan rejection notice

21 Apr 23

Was Your Bank Loan Application Rejected? Here’s What to Do Next

Traditional banks have many requirements and a lengthy process for loan approval. Due to the high demand and strict regulations, securing a bank loan can be challenging, especially for small businesses. If the bank rejected your loan application and you don’t know what to do now, this guide will help you. Our business loan agents […]

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