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 […]
First Pro Capital Posts
Keeping Bad Credit Costs You More than Good Credit
All too often consumers get misled about why they shouldn’t hire credit repair companies; as a result, most people will keep their bad credit. It’s true, generic computerized versions and do it yourself credit repair kits don’t work. We offer a free step by step process on how to improve your credit on your own, only […]
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 […]
Got the Business Loan Blues? Non Bankable Loans Here
It’s a challenge to be a business owner with our current economic climate. What’s even more challenging is obtaining a business loan with today’s lending restrictions. As a business owner, there is nothing wrong of going “outside the box” to get your business loan, especially when you have been turned down by your local bank. […]