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If your business is ready to grow, you may consider a small business loan. Many small business owners lean toward banks because they may offer larger amounts, lower rates and more hands-on support loans than online lenders.
Your business needs to meet certain requirements and you’ll want to find the right bank to be your lender. Here’s everything you need to know about how to get a business loan from a bank.
1. Check your business and personal credit scores
The bank will likely check you business credit score and the personal credit scores of any business…
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[Part 1 of a 12-Part Series]
Healthcare is rife with significant challenges that can in some cases be minimized at the very minimum and in most cases be eliminated by the use of technology. The 12-part series begins by elaborating on macro-level challenges that the healthcare industry is starting to address with technology to stem the bleeding/reverse the onset of more severe complications.
Challenge 1: Supply and demand
Healthcare service delivery provisioning across the globe is starkly marked by the lack of adequate supply of qualified clinicians and specialists. This situation has been significantly exacerbated in the post pandemic new…
Billionaire Mark Cuban was only 12 years old when he launched his first side hustle, so he knows what it takes to start a business at a young age.
And, he says there’s one simple thing you need to consider if you want to do it, too.
“The key to starting a business when you’re young is doing things you can do yourself — things you can do with your own time,” Cuban recently told a group of high school students at Lewisville High School in Texas.
That means starting with what you know, he noted.
“If it’s a product,…
Companies new to the import business have a fairly large learning curve. They have to learn all the incoterms, understand the regulations that govern imports, know when and how to file their ISF form, determine if they need a customs bond, and more. You’re still going to make some mistakes as a new importer, but you can also learn from the past mistakes of others. These most common mistakes that new importers make will help you avoid the pitfalls that other companies have sunk.
Not Having Enough Capital Upfront
The Internet is full of stories from importers who have successfully…
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Serial deal maker Brad Jacobs looks forward to a looming US recession while he hunts for another takeover. “It’s a good time to do my next big thing,” the 66-year-old billionaire explains. “A downturn creates buying opportunities for acquirers with capital like me.”
Jacobs has done more than 500 takeovers during his long career, typically by swallowing smaller players in fragmented markets. He stepped down this fall as chief executive of XPO Logistics, the transportation giant he built through aggressive acquisitions and organic…
The justices of the Kentucky Supreme Court voted Tuesday to elect Justice Laurance B. VanMeter as their next chief justice.
He will begin serving a four-year term Jan. 2nd and will succeed Chief Justice John D. Minton Jr., who is retiring after 14 years as the head of the court and judicial branch.
Kentucky’s chief justice paid $147,362.
Chief Justice-elect Laurence VanMeter
VanMeter was born in 1958 in Lexington and was raised in Winchester. He received his undergraduate degree with a major in history in 1980 from Vanderbilt University and his law degree from the University of Kentucky College of…
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Elon Musk’s first week as the owner of Twitter was what you’d expect from a billionaire not known for his impulse control: borderline pandemonium. But while Musk’s loudmouth antics gobble up the headlines, the banks who financed the deal are suffering quietly, for now.
The Financial Times reported Tuesday that the banks who agreed to back Musk’s acquisition are planning to hold the $12.7 billion in debt that they lent to the Tesla…
Healthcare Interoperability involves the use of many complex systems and information technology (IT) to exchange and interpret health-based data. It has been a key aspect of the extensive shift towards computerizing the healthcare industry. As of 2019, a fundamental level of interoperability has been achieved by roughly 75% of healthcare providers in the US. The ability to transfer data from one health system to another becomes quite challenging when acknowledging the differences in technological platforms. The main objective of Interoperability is to ensure a smooth exchange of data across various systems.
Interoperability and COVID-19
The COVID-19 Pandemic has exposed the…