“Being a small business owner in this economic market is quite challenging. In fact, small businesses make up 99.7% of all employer firms; pay 44% of total US private payroll, have generated 64 percent of net new jobs over the past 15 years and 52 percent are home- based businesses.” (Source: Sba.gov) Managing Your Business […]
Business Loans
When You Can’t Get a Business Loan at Your Local Bank
Your credit maybe satisfactory and not impeccable, you need a business line of credit for working capital or expansion but you get declined by your local bank because of their small business underwriting guidelines. Fix or fine tune your personal credit and business credit before or after you obtained alternative business loan. Make credit restoration […]
Optimizing Your Business Growth with Asset-Based Financing
Asset-based financing is a method for fast growing, money-strapped companies to assemble their short-term cash needs. Overall, companies can pledge their tangible assets to generate cash flow through an asset-based loan. The fundamentals of an asset based line of credit for your business is using all the assets on your company’s balance sheet; receivables, machinery, […]
Factoring Your Accounts Receivable for Capital
How does Factoring your Accounts Receivable Work? Factoring accounts receivable is a popular business line of credit; the line of credit is secured by your receivables. The age of your receivables make a huge impact on the underwriting decision of your loan. The older your receivables are, the less likely they can be accounted for […]
An Asset Based Loan Can Help Your Business!
Are you considering a business expansion, paying off and consolidating your business debt, in need of the latest laser equipment for your patients or simply buying out a business partner? If you have answered yes to any of these questions, now is the time to take advantage of an Asset Based Loan. Asset Based Lending […]