Can an Alternative Business Loan Help My Credit or Hurt My Credit?

An alternative business loan provides you the temporary cash flow you need for your business, it is not recommended to carry an alternative business loan long term because of a higher interest rate compared to a conforming business loan. You are probably seeking a short term alternative business loan for renovation, new inventory, working capital […]

Four Ways a 680 Credit Score Helps a Small Business Owner

Some business owners are unaware of their credit scores and finally aware when they get turned down for a business loan or commercial real estate loan.  Regardless, personal credit is used to qualify you for a business loan or commercial real estate loan. The best way to stay connected to your credit scores is through […]

How Can Credit Restoration Help a Small Business Owner

  Should a small business owner question credit restoration? Certainly not. Credit restoration for a small business owner will help you with the following: Increase Your Credit Scores for Conforming Rates Good credit equals better cash flow for your business and personal finances. There are great advantages of having good credit for your personal loans […]

Preparing Your Personal Credit for Business Financing

There are simple steps to get your personal credit ready for business financing. A large number of small business owners do not realize their personal credit is not quite up to par to finance their business. Some small business owners need tweaking their personal credit and some need a full personal credit restoration. Before you obtain […]

A Commitment is needed to Restore Your Credit

Most of our clients are self-employed small business owners, real estate investors and independent contractors. Our clients who commit to our credit restoration process are very determined and committed to fine tune or fix their personal credit or business credit or both. For Example: A small business owner downsized his business; he closed one of […]

Q’s and A’s on Paying a Collection Account

Question: I am applying for a short term business loan for my business and I was just notified by my bank representative that I have a collection account which is reporting on my business credit. I have called the creditor numerous times to negotiate some type of settlement but they refuse, so now what? Answer: […]

A Short Term Alternative Business Loan is all Your Business May Need

Sometimes, a short term business loan is all a company needs. Expansions, remodels and partner buyouts are good examples of utilizing a short term business loan.  The amortizations of an alternative short term business loan begin with 6 months and may extend up to 18 months. For example: A business owner wanted to remodel his […]

Some FAQs and Answers about Alternative Business Loans

Q. What types of loan programs are considered as alternative business lending? A. The most common type of alternative business lending is a micro business loan, finance amounts are $100,000 or less, with amortization schedules of 12 months or less. The alternative business line of credit is renewable three months prior to the maturity date, […]

Alternative Funding for Business Owners

With more credit crunches in 2014, more small businesses are opting to alternative business lending. If you’re seeking a short term alternative business loan, look no further. A micro business loan maybe a perfect fit for your business. A micro business loan is different from a merchant cash advance and purchase order financing, this type of […]

Three Alternative Lending Programs that Help Today’s Businesses

Today’s small businesses and mid-size businesses are challenged in obtaining new traditional business credit. There is nothing wrong with taking your business out of traditional lending and into alternative business lending.  In some cases, with alternative business lending, you can obtain your new capital within less than a week. Selecting alternative business lending was probably […]

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