Your credit scores are one of the most critical pieces of your financial life. Whether it’s a utility company, car dealership, auto insurance, business loan, home loan, landlord or employer, they all utilize your credit scores as a factor for credit risk. How valuable is your credit score? First and foremost, bad credit can cost you […]
First Pro Capital Posts
How to Avoid Business Identity Theft
Business identity theft is worse than individual identity theft. Why? Because the business (the victim) to consumer (the other victim of the crime) relationship will be very unsettling. The internet is a simple accessibility to computer crimes. Computer Criminals have the intent to take away your good name, such as your logo, your contacts, and […]
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 […]
Apartment Loans and Multifamily Loans-Affordable Commercial Lending
Commercial Lending for apartment loans are available for projects over 5 units. Multifamily dwellings with less than five units are recognized as residential dwellings and may not be qualified for commercial real estate financing. There are many categories of apartment financing, which consist of: Small Apartment Loans Mid-Size Apartment Loans Large Apartment Loans Multifamily […]
Your Credit is Your Report Card for Everything
Take Warren Buffet’s advice, owning a home is better than renting one. In this market, even renting a home requires good credit. If you have good credit, why not own a home? Your credit scores are viewed constantly, like a report card in everyday life. I have summarized six important topics of obtaining and retaining […]
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 […]