Business Loan Blog
Resources for securing business loans
The financing world can be complicated. We are here to help you make sense of it all and stay on top of a rapidly changing industry.
Why Most Business Loan Applications Are Declined
Even though taking out a business is a common practice, over 80 percent of loan applications are declined for a variety of reasons. If it’s the PPP, you are seeking but you have been denied, we have some tricks and tips to help you out.
Using a Commercial Loan Broker for Your Small Business in Tough Times
Economies are constantly going through phases. Bubbles burst, policies change and natural disasters strike, but the laws of supply and demand never change. Different situations make adaptation necessary, the current pandemic being the most relevant example, but as...
Organizations Working Towards the Survival of Small Business
The current economic shutdown could have permanent effects on small businesses that don’t have the necessary assistance. The following are organizations that are working towards ensuring the survival of small business.
Everything You Need To Know About The Senate CARES Bill (HR 748)
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.
Federal Disaster Loans Now Available
Federal disaster loans for working capital are being made available to small businesses in certain states that are suffering substantial economic loss as a result of the COVID-19 coronavirus.
How to Apply for Your Commercial Real Estate Loan
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...
What to Know About Small Business Loans
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.
How a Loan Broker Can Finance Your Business
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.
Why Bridge Loans May be the Right Move for Your Business
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.
What You Need to Know Before Getting Your First Private Commercial Loan.
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.
What Does it Take to Finance Business Growth in 2020?
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?
Loan Brokers: What They Do & Why You Need One
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?
How Brokers Help Businesses Prepare for Funding
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.
What Will an Economic Downturn Impact in Commercial Real Estate?
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...
When is a Line of Credit Ideal for Your Business?
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.
The New Economic Reality
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.
Expand Your Business With Asset Based Financing
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...
From Nothing to Something: How Development Financing Can Power Your Next Real Estate Project
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.
In a World of Digitization, Opt for Personalization.
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.
How Will the Fed’s Interest Rate Cuts Impact Lending?
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.