Why do you need construction business funding? You know the drill better than anyone. You win the bid. You celebrate for about five minutes. Then reality shows up: you need to buy lumber, pour a deposit with a subcontractor, and get equipment on site — all before your first draw hits your account. Meanwhile, the […]
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 […]
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 […]
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 […]
Wanted to share a powerful form of financing you may not know you have access to… It’s called Invoice Financing, also called Receivables Financing or Invoice Trading. Invoice financing provides businesses with working capital to improve immediate cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could otherwise if […]