This is a question we get asked by business owners a lot. “Can I get a business loan without credit?” The answer to that, is it depends. While credit often plays an important role in being able to obtain a business loan, it’s not the only thing that determines whether or not you can get […]
When your business is in a financial bind, you might think that taking out a long-term loan is your only option. But getting into a monthly payment with high interest rates that you’re stuck with for a long period of time isn’t always the best solution for a short-term problem. A cash advance, or Business […]
What’s the difference between hard money and private money? This is a common question we get from investors all the time. While both are very important to have in your real estate investing business, there are some key differences that you need to be aware of so you know when to use them.
Let’s talk about the 5 most common types of Real Estate Loans for most deals. Even though you may not personally use each one of these types of real estate loans in your career, they’re important to know because you can never have too many loan options available. Let’s do a quick breakdown of each:
Why is access to capital so important for businesses? There are many reasons you want access to capital for your business. But in my personal opinion the most important reason is because it gives you what I call “Emergency Protection”. Anything can happen in business. Everything could be smooth sailing one day, and the next […]
These are 5 factors you want to consider when evaluating a business loan offer. This is important because there are a lot of different types of funding available to business owners, and not all of them are ideal for your specific business. In fact, sometimes you could qualify for a loan with much better terms […]
Ever been denied for a business loan but wasn’t sure exactly why? Unfortunately, there are a lot of reasons why a business loan application might be denied. But the more important question to ask is, “What can I do to improve the odds of a successful loan application?” Lenders want to make sure of three […]
Let’s talk about how Equipment Financing works. Equipment financing is the use of a loan or lease to purchase or borrow hard assets for your business. Any tangible asset, other than property or a building, used in the operation of a business may be considered equipment. For example, desks, computers, a pizza oven, a dental […]
Here are 4 best types of business loans if you have bad credit. Believe it or not, you can get a business loan even if you have bad credit. With that said, if you do have bad credit, we strongly recommend investing in a credit repair program that can improve your credit as soon as […]
Wanted to share 5 steps that will help you build better business credit Building business credit plays a crucial role in your company’s funding ability. Whether you operate as a limited liability company or corporation, your business has the ability to establish a credit file separate from you as an individual. When you register a […]