Utilizing a secured business loan is a great way to ensure a lower interest rate, a longer repayment period, and the opportunity to build credit and forge a relationship between business and credit provider. A secured business loan, also called as collateralization arrangements, is a type of loan where by the borrower pledges some asset… Continue reading Acquiring Secured Business Loans
Invoice Factoring allows a business to sell its accounts receivable to a third party at a discount of usually 1 – 2%, for generating immediate cash flow for the business. The question that comes up is whether such invoice loans are practically feasible in today’s business scenario, when the options for funding and borrowing are… Continue reading Factoring in the 21st Century
In today’s world of commercial finance, we are experiencing the New Normal in terms of business financing and how businesses acquire capital for growth and expansion. I largely consider myself an advocate of traditional lending through the use of banks and commercial finance companies due to the lower cost of capital. But, due to the… Continue reading Marketplace Lending: A Viable Option For Business Capital
Since the economic recession in 2008, lending levels at banks have increased moderately. As the economy continues to grow and recover, entrepreneurs turn to banks and other lending sources to help in expanding their businesses to keep up with market demand. As a result of the Great Recession, most banks have restructured their business lending… Continue reading 3 Tips For Qualifying For a Business Loan
One of the financial concerns of companies within the food industry has been financing for food distributors. While inventory in other industries can lose value over time such as clothing, electronics, and furniture, inventory in the food industry has an expiration date. Lending to the food distributors has not been easy over the last 4… Continue reading Financing Tips for Food Distributors
If you have been searching for a commercial real estate loan, operating credit, or expansion capital, you may have found the open water is choppy! If your sources are main stream banks, it will take a lot of effort to find the right fit. Lets examine why that is the case. A little insight into… Continue reading What’s Wrong With Banks?
Bridge loans are loans given for a short period of time granted by a bank or an agency against the equity of the property you are selling. This loan would help you to bridge the gap between the period of realization of the sales proceeds and paying money to buy a new home. So, you… Continue reading What Is a Bridge Loan in Real Estate?
When they are first starting out, small businesses usually require loans to help them get going. Depending on your type of business and industry, you might need funding for inventory, strengthening your firm’s foundation, advertising, expansion, etc. “Where to get a small business loan?” is a very common question by owners of start-ups. Your choice… Continue reading Where to Get a Small Business Loan? Learn About Your Options and How to Choose a Good Organization
Are you thinking about obtaining a loan this year? It involves preparation, determination of the precise borrowing causes and needs, and deciding on the appropriate lender. Below are six key steps that can help you make loan sourcing as easy as ABC. Start by gathering the following information, make copies and file them in a… Continue reading Borrow Smart and Grow Your Business
Congratulations!!! After much duration, paperwork, and due diligence, you (and your team) were able to obtain a business loan to help grow the business. Now what? After the loan proceeds are deposited into your bank account, what should be your next thought beyond spending the money? Honestly, not much thought is given to the obvious:… Continue reading 3 Ways to Strengthen Business Loan Repayment