Drug Store News is the premier online source for the latest news in the world of owning your own specialty pharmacy or drug store. For those that own their own drugstore, the months leading up to summer can be particularly busy. Many patients and customers are stocking up before summer camp and vacation. On Deck Capital small business loans are ideal for pharmacies and drug stores – our fast business loans are the ideal way to make sure you have enough employees, inventory and the right kind of POS systems.
The online edition of Veterinary Practice News has an entire section devoted to the latest advancements in medical instruments and equipment. If you own your own veterinary practice, offering the best services to your patients and their pets is key to staying competitive and increasing your bottom line. Many of On Deck’s clientele use small business financing loans to finance new equipment purchases. Veterinary practice loans are an ideal way to differentiate your practice – visit On Deck’s website to learn more.
Entrepreneur.com recently posted helpful tips for small businesses looking to sell their goods
and services online. While adding e-commerce to your small business can lead to higher revenues in the long run, it’s important to consider the need for capital in the short run for the additional capacity. Small business financing loans are often utilized to help with the initial setup of e-commerce. Sources of short term financing can be of great benefit for inventory loans for the future as well. Visit On Deck’s website to learn more.
Indianapolis chiropractor Dr. David Bax, owner of Bax Injury & Rehabllitation Center, issued a press release today announcing his newly launched website. The release details the websites features, including articles on check-ups for kids, human physiology and even an interactive 3D Spine Stimulator that explains the relation to organs and nerves throughout the body. Dr. Bax’s publicity campaign exhibits how marketing is important for all small businesses – regardless of industry. Overhauling a website is certainly an investment, and that’s precisely the reason On Deck has loans for chiropractors available. Online business loans are a hassle-free way to get your next marketing project out the door - check out the website for more information.
According to Bill Sell, vice-president and general manager of CrossTechMedia, face-to-face selling is still the best way for small business professionals to test out their marketing strengths. With about 2,200 trade shows and industry expos annually, any small business can certainly find one to suit their needs. Attending a small business event – and taking full advantage of the networking opportunities – can increase your profile within your industry, foster introductions to new clients or new partnerships, as well as provide time to getting up to speed on new trends.
Sell recommends thinking about industry networking events proportionally: if there are 220 business days a year, every small business owner should spend one day devoted solely to business development. On Deck’s small business loans are geared towards helping small business achieve their goals. If you’re looking for a small business loan source to increase your marketing budget, visit our website to learn more about our online tools.
WSJ.com reported this week that new data from the Federal Reserve shows that more than 70% of new small businesses are still relying on personal savings or assets as their primary source of funding. At a conference focusing on small business credit in Washington, DC, Federal Reserve governor Elizabeth Duke noted that many small businesses tap their own funds in lieu of applying for a small business loan because they“…were so convinced that their requests would be denied that they did not even apply.” In fact, a whopping 80% of small businesses haven’t even applied for a loan in the last five years.
If reaching into your own pocket every time your business needs capital is getting to tiresome, On Deck is the place for you. Our mission is to make small business financing simple and easy: in about 10 minutes, you can have a clear idea of what your loan options are. Check out our website for more information about how in as fast as seven business days, we can connect you with a small business loan online.
Google’s recent changes to its search algorithm have sent many small businesses scrambling. The search giant – which accounts for nearly two-third of all Web searches – rolled out a new initiative to weed out any sites that posts inaccurate and copied content. However, many small businesses with product descriptions from manufactures or government descriptions are being recognized as inaccurate, and are therefore witnessing a steep drop off in Web traffic. For example, after sales dropped 50% online supply company M2commerece LLC, founder Miles Young launched a brand new email-marketing campaign to explain the situation to its customers. The company doesn’t use original product descriptions for it’s over 40,000 items, but is urging customers to post product reviews in order to get around Google’s new algorithm.
If you’re small businesses is looking for a short term source of finance to update its website or launch its next marketing campaign, On Deck is the place for you. We can connect your company with a small business loan in order to keep you on the cutting edge of your internet marketing.
If you are in the retail industry, inventory can be the life blood of your business. A liquor store owner needs to buy wine, beer, and spirits, and a clothing store owner needs next seasons clothing line in order to make money. Any retail business owner needs to be prepared to increase their inventory at all times.
Unfortunately, obtaining capital for inventory purchases can be a frustrating and difficult task if the business owner doesn't understand their options. That is no longer something business owners need to worry about, because thanks to
On Deck's free service, there is a solution.
The service allows business owners to:
- See their business through the eyes of a lender
- View their personal and business credit profiles
- Receive a recommendation about what lending options are right for them
- Apply for a small business loan online
For no charge, retail business owners and any other small business owners can sign up with On Deck.
Try the free service now, and learn about your business!
At On Deck, a significant amount of our businesses is devoted to restaurant financing. Restaurants historically have trouble getting bank financing, and so many of them come to On Deck after searching for small business loans online.
Restaurant owners typically use On Deck cash flow loans to help purchase equipment, buy inventory, hire employees and launch marketing campaigns.
While doing some industry research this afternoon, I came across some interesting statistics provided by the
National Restaurant Association.
2010 Restaurant Industry Overview
- Sales: $580 billion
- Locations: 945,000
- Employees: 12.7 million — one of the largest private-sector employers
- Restaurant-industry share of the food dollar: 49%
Additional Restaurant Industry Facts:
- $1.6 billion: Restaurant-industry sales on a typical day in 2010.
- $2,698: Average household expenditure for food away from home in 2008.
- 40 percent of adults agree that purchasing meals from restaurants and take-out and delivery places makes them more productive in their day-to-day life.
- 73 percent of adults say they try to eat healthier now at restaurants than they did two years ago.
- 57 percent of adults say they are likely to make a restaurant choice based on how much a restaurant supports charitable activities and the local community.
- 78 percent of adults say they would like to receive restaurant gift cards or certificates on gift occasions.
- 52 percent of adults say they would be more likely to patronize a restaurant if it offered a customer loyalty and reward program.
- 57 percent of adults say they are likely to make a restaurant choice based on how much a restaurant supports charitable activities and the local community.
- 56 percent of adults say they are more likely to visit a restaurant that offers food grown or raised in an organic or environmentally friendly way.
- 78 percent of adults agree that going out to a restaurant with family or friends gives them an opportunity to socialize and is a better way to make use of their leisure time than cooking and cleaning up.
Last night I had my annual pre-holiday haircut, and spent much of it talking with the salon owner about her business. She told me that in the new year she is considering remodeling part of the salon with new chairs, sinks, mirrors and stations, but she was holding back because of her past experiences searching for hair salon loans.
When she bought the business from the previous owner many years ago, she had taken out a home equity loan to pay for the majority of the cost. Two years ago when she started thinking about the remodeling project she was turned away by her bank (despite having her best year at the salon ever) and started researching small business loans online.
She found that quite a few other salon owners were having similar troubles, even those looking for micro business loans as small as $5,000 or $10,000. Some of these businesses were startups (so being turned down wasn't a total surprise) but some of them were in the same situation as she was - hair salons with strong sales but who were unable to obtain financing.
We talked for a while about On Deck, the free tool that we offer and she was excited to learn about our loans and most importantly the fact that we focus on the actual financial health of the business instead of her personal credit score (which she said was "pretty good but not great").
She's not sure whether or not she will be going forward with the remodling project, but was certainly excited to learn about the On Deck option for financing the growth of her salon.
I just got off of the phone with a business owner in upstate New York interested in Auto
Repair Shop Loans. He informed me that he was preparing to purchase inventory for the winter and was exploring his business financing options. The conversation gave me some good insight into how seasonal inventory purchases affect small business owners cash flow.
The repair shop owner said that the winter inventory of snow tires, windshield wipers, and extra batteries cost more money than the other seasons. The owner also noted that though he had to stock up on some extra inventory, he did not mind the snow because the collision rates went up which leads to more business for him!
Because we were discussing business financing options, he asked me what the opportunities were for auto repair shop micro business loans. He was interested in the importance of his business credit report, where to find SBA small business loans, and if there were online business loans he should explore.
A good amount of his questions could be answered through the
On Deck Capital free tool. By taking 5 minutes, a small business owner can get a snapshot of their business credit report, track their recent cash flow, and find out what sources of business finance are right for them.
You regularly hear about the importance of checking your personal credit. There is an entire industry built around free credit reports, promoted by commercials with catchy songs. Unfortunately, as a small business owner you don't have the luxury of constant reminders, and you would be considered very business savvy if you have looked at your business credit report recently. Just because you are not bombarded with messaging, you should not discount the importance of knowing what business credit is, and more importantly, knowing what your business credit profile looks like.
From a lender's perspective, business credit is a measure of the ability of a business to pay back a loan. Your business credit is based on many factors including your past payment history, the amount of debt your company has incurred, and the amount of credit your company has available.
Your business credit report is important when you apply for a small business loan, and not knowing what yours looks like before it is to late could cause you to look for a bad credit business financing. On Deck Capital has a
free tool that allows you to see your business credit profile online. It only takes a few minutes, and could save you some time when applying looking to get a small business loan.
We spend a lot of time online, researching websites and digging into the world of online business loans. One thing that sticks out is the number of websites out there competing for mindshare, and trying to grab your attention with their pitch for their best possible, absolutely amazing, astounding options for business financing online!
Above: The type of ad business owners hate to see...
As a business owner, you are probably (and rightfully!) a bit wary of putting your business lending in the hands of a website littered with big flashing dollar signs or a guy in a snorkeling mask holding wads of cash.
As you begin the process of evaluating small business loans online, we invite you for a much more enjoyable and helpful experience. Register for free with On Deck and quickly gain insights into your business financing options as well as your business credit report.
In just a few minutes, the On Deck service will: - Work to find the best loan for you and your business
- Identify your options based on your business information
- Provide free insights into how lenders view your business (a sort of business credit report)
- Analysis of your cash flow and credit from a lender's perspective
Getting started with On Deck is free, no obligation and takes just a few minutes -
click here to get started!
Small business loans are a necessary part of growing your practice. Here are a few reasons that you may need a dental practice loan.
1. Inventory Identify when your most popular time of year is. In most cases it is in the months before school starts, and coincidentally around the beginning of the year, or 6 months later. These are times that inventory needs to be fully stocked, and in order to do that it is important to explore your business financing options.
2. Equipment Financing
Technology is constantly impacting the dental industry, and is forcing practices to upgrade or buy new equipment. Equipment can be very expensive, and to stay competitive it makes sense to use a small business loan to buy or upgrade your current equipment.
3. Expansion If you are fortunate enough to need more room in your current building or are looking for another location, it is smart to look for small business loans online. Find out what the best options are for your dental practice financing needs using
On Deck's free tool to determine your lending options.
Recent reports showed that September
retail sales saw a boost of over 2.5%. Though this was partially due to back to school shopping, it is still good news for the upcoming Holiday season. In preparation for the Holidays, retail stores are beginning to increase their inventory. And, with a slow Summer and average Fall, it may be necessary to apply for a small business loan.
When shopping for small business loans online you will learn that some companies that provide small business financing do not permit you to use the money for inventory. However, On Deck Capital does provide inventory loans.
If retailers are looking for an inventory loan, our free service will identify what source of business financing is right for your company. By entering a small amount of personal and business information you can determine if you are eligible to receive a fast small business loan.
Get ready for the Holiday season. Set up your
free profile here and determine if you are eligible for an inventory loan today!
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