From the course: Leading a Small Business through a Crisis
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Available financial options: Credit cards and credit lines
From the course: Leading a Small Business through a Crisis
Available financial options: Credit cards and credit lines
- During uncertain times, you might need to look at new financing options when it comes to cash flow and your business. While we're going to go over two ways here, remember to always consult a professional when it comes to financial options in your business. Whether it's banks, credit card companies, or lending associations, always bring a professional to review anything before you sign off on it. The first place that you can start looking is your credit card company. Most large credit card companies have entire divisions that are dedicated to small businesses and small business owners just like you. They have specific products, plans, and services that are curated especially for you. I know I've utilized American Express' small business unit numerous times over the years, especially when I had a really big payment that I needed help paying off. They created payment plans for me and recommended specific products that would…
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