2017 October

October 24, 2017
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Many people are too busy at work to take breaks. The workload is overwhelming and you frequently feel stressed. Stress takes up a significant amount of cognitive and emotional bandwidth, which soon enough will result in lack of motivation. Your to-do list is always full of tasks and you often feel tired or drained of energy. The solution? Take a break.

Discover the reasons why you need to take breaks at work.

Small Mistakes

When you find work too much and you cannot avoid making small mistakes, it means its time for you take a break. You cannot avoid blunders from work.

When you feel burned out, mistakes are much easier to make.

When you are already burnt out of work, it is likely for you to slip up more than you would normally do. All employees can get caught into a moment that they feel they are no longer happy at their workplace. Restoring your energy is crucial, the best solution is taking a break.

Tired and Irritable

Do you wake up in the morning and by noon, you just feel like you need a nap? Unfortunately, most workplaces frown upon napping. Make sure to take a few short breaks at work to walk around, stretch out and get some fresh air. “Your calm mind is the ultimate weapon against your challenges. So relax.”
Said Bryant McGill

Lack of Focus

Do you often spend your time looking at your phone? Do you look at your screen and find yourself drifting off? One of the more common issues at work is being able to focus for many hours. Taking a break will clear your mind and allow you to regain your focus. Some studies have shown that the mind solves its stickiest problems while daydreaming. That’s because the relaxation associated with daydream mode “can allow the brain to hook up and return valuable insights

Lack of motivation

When you are not motivated to wake up in the morning to go to work, you will not be performing well. A motivated person tends to feel good and does well at work. Your motivation must be consistent. However, if your motivation has been low for a while and you are not living up to your full potential, you should consider taking a short vacation. Taking a break from work will guarantee you become more productive. Taking any sort of vacations is important once in a while.


October 19, 2017
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Every business operates successfully as a result of its stability when it comes to finances. However, there are some companies who would avail business loans in order to maintain the operations. But not all companies are able to pay their debts successfully. As a result, they acquire bad credit and their credit score is affected.

A business with bad credit may harm its reputation. As we all know, consumers trust companies that they know are stable and will never have a problem when it comes to money. If your business has bad credit, you better fix it right away to avoid affecting your credit score.

Furthermore, there are companies who don’t give importance to their credit score. Without knowing, having a good credit score is their ticket in acquiring small business loans since this score shows that your finances are in a healthy state.

Also, with a good credit score, your way to bad credit is far and will be able to acquire business loans which you can use for your business’ capital and fund the growth of your venture.

Fixing Business Bad Credit: How?

It is not easy to fix your business bad credit but you can do it one step a time and eventually, you may be free from the bad credit and start earning good credit score again.

Here are some actions you can take to fix your bad credit in your business.

Always be on time when paying your bills

Your credit score can be affected by the way you pay your bills. If you always fail to pay on time, you will surely end up having a bad credit. On the other hand, if you are always on time when it comes to bills payment, your credit score will surely increase.

Separate personal and business funds

If you want to fix your bad credit, don’t let your personal funds mix up with your business funds. Thus, whenever you would purchase something, it is best if you have separate accounts for your business and personal funds. This way, you can easily track your finances.

Establish good relationship with vendors

Having a well-established relationship with vendors will help you get out of bad business credit. Thus, you should build a good connection with your suppliers and merchants for them to always report on time to credit bureaus. Your relationship between vendors can be a good way to let them report that you have good payments on agencies that handle credit reporting.

Having bad credit for a business is not good because it may risk your reputation and may harm your business’s operations. If you have bad credit, don’t wait for it to get worse, act immediately and fix it in order to regain the good credit score you once had. When you have a good credit score, you will be able to apply for different small business loans which you can use as capital or as a fund for your operations. OneBox Funding experts will take you through all the steps of acquiring a loan for your business.


October 16, 2017
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Every small business owner ran into financial issues at one point or another. Financial difficulties can come in many ways and forms. From those first few “lean” years where the money’s going out faster than it’s coming in. To times when expansion is looming on the not so distant horizon, with unexpected expenses crawling up everywhere, the company checking account is empty and the credit cards are maxed out.

Naturally, There are many more situations when cash flow is crucial for a small business’s success. It goes without saying that the traditional banks are just not an option for many of the 28 million small businesses operating in the US currently. In fact, there has been a steady decline in bank loan approvals for small businesses over the last three years, and several private lenders are reporting to follow suit in light of economic uncertainty and increasing regulatory expenses.

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One unique option for getting the cash flow you need for your business is OneBox Funding. Operating from Tampa FL they offer something a bit different from big banks. Different in that it offers small business owners the ability to get Superfast cashflow, enabling them to get out of cash-strapped situations in a hurry, with a fast and easy approval process for strong businesses that meet their less stringent criteria over that of the bank’s. Keep in mind that they can not approve everyone, but if you have a small business that is not under bankruptcy and is grossing over $8,000 a month, OneBox is likely just the solution you’ve been looking for.

What are The Benefits with OneBox Funding?

OneBox Funding offers several benefits:

  • Any funding amount between $5,000 to $750,000 for eligible businesses, with good or bad credit.
  • Single page online application form.
  • Funds released as soon as next day funding
  • Top of the line quality offers for rates and terms
  • Expert level customer service throughout the entire funding process.
  • Bad credit merchants accepted.

OneBox’s funds are acquired through a network of business-minded angels who recognize that there are lots of stable, growing businesses out there that simply are not eligible for business bank loans or government grants. Often bad credit scores and businesses entrenched in volatile markets pose too much of a risk to conventional financial institutions, and they aren’t willing to risk losing their money.

OneBox Services Offered to Small Business Owners

  • Merchant Cash Advance: This is the preferred option for most small and medium-sized, cash-stressed businesses, good or bad credit accepted. OneBox staff are trained to get you approved for this service quickly and efficiently, so you can get your cash woes settled quick and continue to grow your business.
  • Short Term Loan: This is no different from a small business loan you’d get from a bank. Credit can be a factor when determining interest rates and loan terms, but businesses that are currently generating revenues and have enough collateral to back the loan will definitely benefit from this service.
  • Business Line of Credit: A premium level financial service, you must have a credit score of 550 and $300,000 or more in yearly revenues to qualify. Not everyone will be eligible, but the OneBox reps will definitely work diligently to find a lending solution that works for your business.
  • Debt Consolidation Service: Another premium product, business owners can pay off multiple loans and other financial liabilities by combining them into a larger debt; normally with lower rates and monthly payments if they qualify.

As mentioned, the Merchant Cash advance service is one of the easiest to get approved for, and often most desirable for growing small businesses who find themselves in a temporary cash crisis.

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Fast & Flexible Funding Solutions

Since early 2017, OneBox has funded well over 1,000 small businesses. Of the typical loan applications submitted, the company has a loan approval rating of 79% currently, with a funding renewal rate currently at 86% and growing.

With a head office located centrally in Florida, North American businesses can be assured the company’s team of funding angels are available during business hours to approve funding requests and provide support whenever needed.

The testimonials located on the homepage make it clear the team isn’t just there to sell financial funding products, but also to make sure you get the best rates and terms possible, even if it delays approval by a day or two.

Interested in Letting OneBox Fund Your Business?

You can contact them right now for more information here, or if you’re interested in applying via the web, you can download the PDF application and submit via the email and fax information supplied at the bottom of the form.

 

 


October 10, 2017
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Whenever a person is out of cash or needs money for a business, applying for a loan is the best solution. When you are qualified for taking a loan, you will instantly receive the money you have borrowed from the lender. On the other hand, having bad credit is a drawback for people who would like to acquire a loan. Since some lenders will look into the credit history, having a bad record may not allow you to apply for business loans or any type of loan.

Debt consolidation loan is becoming the answer for those people who would like to merge all their debts into a single loan, to minimize the expenses on a monthly basis. This loan is a big help for those individuals who have several debts to pay, as they will be able to combine and replace existing debt in a single loan without risking too much of their money.

What is a Debt Consolidation Loan?

Debt consolidation is a process wherein a person will avail one loan which will be used to pay two or more debts. With this loan, individuals can pay their several loans with only one monthly payment, since all the debts are combined into one. A debt consolidation loan can also be good for people with bad credit, since they can pay their debts using the loan and will only have to pay once every month with a fixed interest rate.

Furthermore, if you are someone who would like to acquire a debt consolidation loan but does not know how, here are the things you need consider when applying for this loan.

  • Check your earnings – this is one of the requirements that a lender will look into before he or she approves your debt consolidation loan. The creditor will check if you are capable of paying the loan. Your earnings can be the basis for whether you can apply for loan consolidation or not.
  • Records for payment – a creditor will also look into your records when it comes to paying debts, in order to identify if you have bad credit or not. This is another requirement that you should comply with when you are applying for a debt consolidation loan, as the creditor will look into your records to understand the way you pay.
  • Steadiness – another requirement needed when you are applying for a debt consolidation loan. The creditor will see if you have stability when it comes to your home and work.

When you apply for a debt consolidation loan, you always have to consider the requirements to avoid problems and have the loan be processed smoothly. Bad credit may cause setback when applying for a loan however, if you work within the demands and requirements of the loan, you may be able to get it in no time. OneBox Funding experts will guide you through all the steps of acquiring a debt consolidation loan.


October 2, 2017
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One of the most common questions by many business owners is how much money should be asked for when applying for a business loan. This loan serves as a great working capital for them. So, they are quite eager to apply for a particular business loan.

When you are deciding how much money you are going to ask for, you need to be very careful. If you fail to choose the right amount, you could be facing a business dilemma. Fortunately, there are plenty of ways you can try in order to figure out how much money you can ask for your next funding.

DETERMINE YOUR PURPOSE BEHIND THE BUSINESS LOAN

Whether you are launching your startup or you need a working capital for the improvements of your business, a business loan is very useful. If you can successfully get a loan for your business, it will be easier for you to find new resources, provide your employees valuable training and gain significant benefits.

If working capital is the reason for applying for a loan or for any other purpose, such as business renovations, marketing budget or even paying off your debts. You will be asked to produce documentation that can verify the reason your debt occurred.

WORK WITH A PROFESSIONAL FINANCIAL CONSULTANT

After determining the real purpose behind the business loan, you need to consult reliable financial professionals. That way you can avoid confusion about the right amount you should ask for. As you work with financial consultants, particular financials will be reviewed and then, they can help you determine the approximate amount you will need for working capital.

Remember not to be lazy about understanding your existing financials. Lack of knowledge, bad credit, sloppy bookkeeping can prevent you from receiving a business loan. At OneBox Funding, we offer solutions for all of these matters.

CONDUCT A CASH FLOW ANALYSIS

Conducting a cash flow analysis is one of the best ways to effectively determine how much money you will need for your funding.  This can also help you figure out the length of your loan and the amount you can pay off.

Also, this includes the auto loan payments or mortgage payments. Therefore, with the help of cash flow analysis, it becomes easier for you to develop more variable estimates of how much you will borrow.

CONSIDER THE PAYMENT TERMS

After analyzing the financial situation, you are required to decide how long you want to pay the business loan. This can actually result in producing a more rational figure opposing to the amount you cannot discharge based on your debts or finances.

There are many considerations when it comes to a business loan; and the amount of money you will need to ask for will depend on your purpose, cash flow and time. Make sure to have all these factors in check, to ensure you get a fast business approval. OneBox Funding experts will guide you through every step of the way, so you can start with your working capital as soon as possible.