What is Working Capital?
It is a good idea to become more acquainted with the term because you’re going to be hearing it a lot in the coming months as we focus on our economy and the continuing growth of our businesses in these difficult times. The quick definition is; The immediate available cash your business has to make purchases.Incorporating a Merchant Loan Into Your Business Strategy
We all know the answer is money. But we are trapped into that age old paradox “You need money to make money”. Think of what you could do with a lump sum of working capital that you could inject into your business. How would you spend it?What is a Merchant Cash Advance?
The concept of loaning money is nothing new, but the idea of using a business’s credit card processor to pay back a cash advance is. The merchant cash advance in its current form is less than 10 years old. As a business, merchant loans have grown exponentially each year since.Discount Factoring – The Best Option For Many Companies
You know these days when you really love what you do for your career. This article is about just one of those days. I did a deal for a client that Discount Factoring was the absolutely perfect option for his business and everything went off without a hitch.Construction Equipment Financing – Options
A few months back, I was contacted by a Construction company in MN who was looking to finance an excavator that they found through an affiliate of our company. The owner had gone to his Credit Union to get the financing since he had been dealing with them for the better part of the last 10 years for his business financing.Commercial Mortgage Financing – Types That Are Available Today
If you have ever wanted to know what the different types of Commercial Mortgage Financing are available. There are many. Each type refers to different types of properties and verification methods. Not all Commercial Lenders offer all types of Commercial Mortgage Services so be aware and get a good Commercial Mortgage Broker and they will be able to set you up with the appropriate Commercial Mortgage Financing that fits your needs.What to Do When Your Bank Line of Credit Just Isn’t Enough
You do not have to be in business long to learn how much of a struggle it can be to get a Commercial Line of Credit from a bank to help grow your business or cover shortages of cash flow. Many times the owners of these companies will find an alternative to the bank loan that they have been chasing. This alternative is called Accounts Receivable Factoring and it is getting more popular everyday, especially with the banking industry clamping down on their requirements making it even harder to get a Commercial Loan.Large Format Printer Financing Options
No matter how technologically advanced we get, having hard copies of official documents is essential no matter how small or big a business is. It doesn’t matter which industry the firm belongs to or which product or service it contributes to the market, print outs of various information is necessary to have in many situations.Bad Credit Business Loans – Key Steps For Timely Approval
Bad credit history is seldom a hurdle in finding out these loans in secured or unsecured options for any business purpose. But interest rates will be on higher side and you can borrow any amount as per your repayment capability.Find a Reputable Invoice Finance Factoring Company
Put together an asset discounting factoring finance invoice plan to have access to the working capital you need to keep your business running smoothly. You can work with one of the many reputable factoring companies to do this.The Business Cash Advance Alternative
A business cash advance is a relatively new concept in banking wherein a financial institution lends money to a business and the money is then payable through a percentage of the incoming credit card transactions that take place when the business bills their customers or clients. In layman’s terms, it’s a type of business loan, but instead of getting the money back in cash or check, the bank takes a little money every time the business’ customers pay with a credit card. This serves as an alternative to conventional small business loans with complicated and long approval …Get a Merchant Advance
A growing business is a good business but sometimes your cash flow isn’t accommodating to your success fast enough. This is where a merchant advance comes in handy. To stay ahead of competition and keep your clients and consumers happy, you may be the perfect candidate for this alternative.How Will You Use Your Business Cash Advance? First You Must Get to Know Your Business
Most small business owners could use some extra cash to put into their businesses. They can get this cash in about two weeks through a business cash advance. But how are you going to use your business cash advance once you get it?