Archive for April, 2016

All about term loans to finance a small business

Saturday, April 30th, 2016

Debt financing is money loaned to you or your business, for which the lender has a right to earn interest. Institutions, usually commercial banks and credit unions, lend a portion of the value of your business’ fixed assets. You can use this financing to buy inventory or additional fixed assets, or to help your business through […]

Using a line of credit to finance a small business

Saturday, April 23rd, 2016

Debt financing is money loaned to you or your business, for which the lender has a right to earn interest. Many small business turn to debt financing through commercial banks and credit unions. These institutions will lend a portion of the value of your business’ fixed assets. You can then use this financing to buy […]

Debt sources of financing for small businesses

Saturday, April 16th, 2016

Need some financing to help you start or grow your small business? Start here. Some novice entrepreneurs assume that their good credit rating, great relationship with their bank or banker, or previous car or mortgage loans means getting a loan for a new business should be simple. However, it’s not quite that easy. New businesses don’t […]

What’s an industrial design patent?

Saturday, April 2nd, 2016

Industrial design patents can cover unique ideas, features, patterns, configurations, shapes, or ornaments of an object, and is protected for 10 years. The design is usually an article made by tools, machines, or hand.

For example, the shape of a Coca-Cola bottle or of a snowboard are both industrial designs. Basically, an industrial design patent covers the way a product looks. It can cover the shape of an object, as well as 2D features like its colour or its patterns.