Hellow guys, Welcome to my website, and you are watching What's Better for your business? - Loans vs Lines of Credit EXPLAINED. and this vIdeo is uploaded by Clara CFO Group at 2023-06-15T15:00:26-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | What's Better for your business? - Loans vs Lines of Credit EXPLAINED |
| Video Uploader | Video From Clara CFO Group |
| Upload Date | This Video Uploaded At 15-06-2023 18:00:26 |
| Video Discription | Business owners often wonder whether they should get a loan or a line of credit for different business situations. Both are debt instruments that can be used strategically to really help a small business financially. What are the difference between loans and lines of credit and when should you use each? That's what this video will help you with! 0:00 Notice anything new? 1:01 Debt Instruments 2:18 What is a Loan? 4:42 Amortization Schedule 6:04 Revolving Line of Credit 9:05 Tip for Lines of Credit 10:20 Summary of differences 11:30 When do you use a loan vs. line of credit To learn more about CFO services, go to: https://claracfo.com/cfo-services/ 💲 Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO 🙋♀Got Employees? Talk to ADP! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/adprun 💸Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio (As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases) Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience. CODE: SZ3UWHMDIOUHZISQ, KOWKERQKWQP2W95L |
| Category | Education |
| Tags | line of credit | business line of credit | revolving line of credit | loans vs. lines of credit | when to get a loan vs a line of credit | loans vs. lines | loans explained | lines of credit explained | understand loan | understand line of credit | how to get a line of credit | renew a line of credit | how to use line of credit | draw down on line of credit | repay line of credit | how to repay line of credit | debt instruments for small business | debt instruments explained | business loans |
