Full course description
This completely online and self-paced one-module course utilizes Inc. Magazine's prize-winning editorial content to introduce basic concepts related to business financing, including how various loan products work, what to consider when assessing your business's financing needs, and how to navigate the application process. The focus is on providing practical, hands-on advice to entrepreneurs and small business people, including video segments and commentary from industry-leading practitioners and subject matter experts. The course also offers how-to lists and advice, interactive games, and review questions to ensure mastery of the material.
Included with your course is a six-month complimentary subscription to Inc. Magazine. Your subscription will start with the current issue. Inc. Magazine publishes 6 issues a year.
Explain why business loans are financial beneficial
Summarize reasons why a business might explore taking out a business loan
Identify and explain various financing options
Determine your business financing needs
Discuss the pros and cons of different financing options
Describe the loan application process
Articulate the importance of good credit and collateral
Outline reasons why loan applications are not approved
Discuss when to consider refinancing business loan debt
IACET CEUs: 0.3 (Contact Hours: 3 hours)
HRCI Credits: 3 (Type: Specified - Strategic Business)
Estimated time to complete: 3 hours