Personal credit is your tangible asset for life; why not take care of it? Everything starts with personal credit, including business finance. As a business owner, maintaining your personal credit is the key to flexible financing. With current lending restrictions, many lenders require a three merge credit report besides your business credit report. Lenders use […]
Finance Products for Business Owners
We Go the Extra Mile and it’s Never Crowded
Most of our leads originate from our affiliates and past clients, approximately 5% of our business derives from the internet. We utilize the internet for our online presence, that’s all. Our online presences are tools for our potential clients to “Google” us, read our articles online, and view our “real” testimonials and recommendations. Our leads […]
In Demand Non Bankable Financing Sources: SBA and Commercial Hard Money
If you’re a business owner or real estate investor, you already know that traditional financing can be quite challenging to obtain for your business. Why not “go outside the box” and source non bankable alternatives for your business and your commercial real estate ? Advantages of Our SBA7(a) and SBA 504 SBA 7(a) is your […]
Alternative Business Lending for Your Business
Micro Loans Micro loans are fast and easy; it’s a simple way to get quick cash for your business, loan amounts range from $20,000- $500,000. Some micro loan programs go up to 24 months in terms, it is all based on your personal credit score. Micro loans are: Merchant Cash Advance Cash Flow Loan […]
Two Things You Can’t Live Without: Business Credit and Personal Credit
You need credit to start your business, you need your business to re-establish and maintain your business credit and personal credit. Business credit and personal credit are linked together. Credit is one of the most important factors of your business; your business is the most important component of maintaining, fixing and re-establishing your personal credit. […]
Foreclosures, Repossessions and Cancellation of Non-Business Debt
Written by Glen R Allie, CPA and Partner at Del Principe and Allie The tax treatment of debt cancellation will vary depending on your situation. The cancellation of debt may result in ordinary income, income from the sale of assets, or both. However, there are exceptions and exclusion from the possibility that income will be […]