Our advice for our small and mid-size business clients is not to forfeit your low interest rate that you secured for your business loan. There are business lending alternatives to assist your business without forfeiting your current low rate. More than ever before, business and commercial lenders require a good business credit report history, besides […]
Business Loan
How to Keep Your Current Low-Rate Business Loan
During these uncertain times, keeping your existing low-rate business loan is important. Also, affordability is key for your business. Creative business lending is the solution for retaining your current low interest business loan. If you need short-term working capital allow us to assist you! What types of business term loans can help my business? SBA […]
Your Business Credit Report Cannot Be Ignored
Your business depends on your personal credit and business credit. Your business credit report is accessed when you apply for SBA or a conforming commercial loan. Business owners should review their business credit report, if they are applying for business lending or commercial lending. Simply go to Experian Business and Dun and Bradstreet. If you […]
How Can a Short Term Business Bridge Loan Help Me?
A short term business bridge loan is a non-bank business loan, it is a line of credit starting from a three to 36 month term. Before you sign for your loan, Always review the terms and interest rate on your short term bridge loan. You should always plan to have an exit strategy of your […]
Can an Alternative Business Loan Help My Credit or Hurt My Credit?
An alternative business loan provides you the quick turn times for the cash you need for your business, it is not recommended to carry an alternative business loan as long term because of a slight higher interest rate compared to a conforming business loan. You are probably seeking a short term alternative business loan for […]
A Short Term 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 […]