Business Loan Blog

Knowing where others are making mistakes can give you an advantage when it’s time for you to seek financing. First, let’s look at some of the most common problems small business owners face when submitting a loan application.

When your business is struggling to stay afloat financially, it can spell disaster. Just like saving a sinking ship, the sooner you act, the better your chances of survival will be. Fortunately, there are steps you can take right now to help you get back in the black. First, we’ll go through how to identify where your business might be leaking cash. Then, we’ll get into managing the debt that’s weighing you down. Ready? Get your life vest on and let’s get started.

What do you need to know about making a residential property investment that works for you?

A vital piece for your project to make it from concept to final inspection is sourcing the right financing. Without that, all of the careful planning and drafting could be a huge waste of time.

If you’re looking for your next (or first) commercial property, you’ve come to the right place. We’ll cover some of the basics of CRE loans, the most common types of CRE loans, and answer a few FAQs along the way.

Here’s one advantage to working with contracts you may not be aware of – factoring. If you’re not familiar with factoring, this article will break down the basics of how you can use factoring to access working capital so you can deliver on larger contracts.

Let’s take a look at two common types of lenders and how they work differently when it comes to funding your construction project.

For business owners, the beginning of a new year is an opportunity to evaluate the last twelve months and to look for ways to grow in the quarters to come.

Not everyone is jumping at the chance to buy a new home. Changes in the employment landscape mean people who want to spread out can’t necessarily meet the higher down payments required. Where do they go instead?

2021 will (thankfully for many) quickly be in your rearview mirror as you trek forward into the year to come. Sometimes, it’s hard to believe it’s already December. At other times, it seems like the end of a long slog through quicksand. Before the fireworks, however, it’s time to take a moment and look at where you stand.

Working capital is often taken for granted, but no business can survive without it. It’s what pays your team, fuels your fleet, and keeps the lights on. So, to make sure your business is in a solid position going into the new year, top up your working capital before the clock strikes twelve.

Here are just a few ways a commercial loan broker can make your deal shine to lenders.

Until recently, most people didn’t think much about distribution unless they worked in the industry. But in 2020, demand for deliveries skyrocketed. We’re still feeling the effects that a breakdown in the supply chain can have on our everyday lives. Now, an industry many people took for granted is front and center in a way it never was before.

There’s been a lot of speculation about the future of interest rates as things change as the US and globe emerge from the COVID-19 pandemic.

This article will give an overview of the SBA refinancing process as a starting point when deciding if SBA refinancing is the right solution for your small business.

The pace of industry is moving faster than ever. As technologies and equipment continues to improve, business owners need to make the right decision as to whether they should purchase or lease the tools, technology and equipment they use every day. While there are financial formulas to help you evaluate the cost of each path, the decision is ultimately based on the unique scenario in which you find your business.

While large companies and corporations tend toward massive apartment complexes instead of single-family homes, new construction and acquisitions are helping them capture more of the rental housing market. There remains, however, plenty of opportunity for individuals to protect revenue and build wealth via rental housing.

Refinancing can lower your interest rate, let you cash in on equity, and help you get rid of debt faster.

If your business has seen an increase in outstanding accounts payable, declining cash flow, unresolved near-term debt, and large contingent liabilities, these are signs you could be in trouble. Acting swiftly to address working capital improves the business’s ability to execute a successful turnaround.