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 […]
Business Loan
How Can a Short Term Business Bridge Loan Help Me?
A short term business bridge loan is a non-bankable business loan, it is a line of credit starting from a three to 24 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 […]
Some FAQs and Answers about Alternative Business Loans
Q. What types of loan programs are considered as alternative business lending? A. The most common type of alternative business lending is a MCA, some finance amounts are less than $100,000 or up to $500,000, with amortization schedules up to 24 months. We have over 30 reputable lenders we work with. Q. Is alternative business […]
Alternative Business Financing for Business Owners
With more credit crunches ahead, more small businesses are opting to alternative business lending. If you’re seeking a short term bridge business loan, look no further. This type of business loan maybe a perfect fit for your business. A short term bridge business loan should not affect your cash flow. because this type of loan is […]