While the world has been in crisis due to the sudden onset of coronavirus, small business owners have been concerned they will be left behind in relief efforts. To date, a package has been passed that includes paycheck protection and loan forgiveness for impacted businesses.
Entrepreneurs that are growing their businesses often find that they require a commercial real estate loan to purchase an existing property or to access permanent financing on recent construction. Owning your own building comes with unique benefits, including tax...
When starting a business, one of the most significant challenges can be raising capital. Whether you’re trying to turn your idea into a reality or you’re hoping to infuse your current enterprise with cash, a small business loan can be a viable option over bringing on outside investors, selling property, taking a loan against personal assets or other means of raising capital.
Acquiring the necessary funding to jumpstart your business can be an incredibly difficult task to accomplish. Fortunately, a loan broker can provide you with the assistance that you need to fund and grow your business. Some business models are a great fit for partnership with a loan broker. These are often business models that are well established in the marketplace, but are not always a great fit for bank loans.
One of the most significant challenges in commercial real estate is managing your cash flow. Moving from one property to the next can be difficult if you don’t have the cash in the bank to close on new deals while waiting for your current property to sell.
Running a small business takes a lot of time, effort, and most importantly, money. While most entrepreneurs can devote all the time and energy they have, capital is where many startups fall short.
The current business economy is moving ahead, but reports suggest a “bifurcated” economy with some areas glowing green, others flashing warning lights and others suggesting recession. So, how does your business plan to navigate these tricky waters?
To run and grow a business of any scale, you will need financing to succeed. Your own investment capital can only take you so far, will it be enough?
Ask any business owner: securing funding for your business is, in itself, a full-time job that can be a difficult and frustrating task. While there are many firms out there that claim to want to help you and your business get off the ground or grow, it can be almost impossible to know just who to go with.
Right now, the US is still riding high on a wave of economic growth. Ever since the Great Recession, we’ve been experiencing more investments, lower unemployment, and better lending strategies. However, as they say, all good things must come to an end, and many...
As a small business owner, you know that one of your biggest challenges is ensuring that you have access to capital when you need it. However, all too often, entrepreneurs don’t realize how many financing options are available. Unfortunately, not understanding the pros and cons of different methods could mean that you wind up paying more in the long run.
For several years now we’ve seen a booming economy, lifting ourselves out of the Great Recession a decade ago. The stock market has soared, unemployment numbers continue to fall and overall it seems like there’s nothing but a rosy future to look forward to.
Your small business is doing well, and you’re ready to expand so that you can generate more revenue and capture a broader piece of the market. However, to do that you need capital. Getting the financing necessary for business expansion is a challenge that many...
Unlike other real estate ventures, land development can be much riskier and requires a lot more financing to get off the ground. In those cases, developers will typically try to secure acquisition and development loans to help fund the project. However, these loans can be tricky to get, and you may have to go through some lengthy approval processes to get there.
Technology companies have become a major part of any small business’ day-to-day. Whether you use Square, PayPal or Amazon, chances are good that you’re not the only one benefiting from your business’ growth.
As a small business owner, financing is one of the most significant challenges that you can face. Whether it’s getting capital for some new equipment or you want to expand your operations, you need to be strategic about how and when you get a loan.
Successful business owners are always thinking ahead to the next step. Once you’ve got your establishment up and running, and people are coming in the doors, the logical question is where do you go from there?
It’s been said so much at this point that it definitely falls under the category of a cliche: when it comes to having a successful business, the three most important things are — say it with me — “Location! Location! Location!”
As a small business owner, one of the most significant challenges you can face is getting the money necessary to operate and grow your enterprise. Whether you’re just starting or you’ve been in business a while and want to expand, getting a loan can feel like an overwhelming process.
For business owners unaccustomed to invoice factoring, selling accounts receivable can be confusing. It’s true that factors do offer companies fast access to cash, but they don’t provide typical loans. The cash that a company receives doesn’t need to be repaid over time with interest. In fact, in most cases, it never needs to be repaid!