Hard Money Loans

Obtaining capital in this “tight money market” is easier said than done these days. As more and more banks go belly up, lenders are increasingly making it more difficult to obtain capital. I will show you how it is possible, even in this market, to obtain unsecured business funds without having to show business bank [...]

photo credit: norhendraruslan
Last week I conducted an exploratory marketing session with a new business owner. One of the topics that came up was how tough the credit crunch has made it for businesses to get financing. And that got me thinking…
For several years I’ve championed the concept of growth through leveraging marketing assets. Assets [...]

photo credit: MTN_CompanyThe sky is falling! Run for your life! The banks aren’t lending! Well, the first two might be correct, but the last one is not. Commercial banks are lending, but they are very picky.
Private lending practices are known for being very forgiving and very sloppy. One needs look no further than the [...]

photo credit: karpov the wrecked train

Many businesses are finding it difficult to secure funding. Most banks are not lending money to businesses that don’t have exceptional credit and large amounts of collateral. There are a few new programs available to business owners that can’t find funding through traditional avenues.
The first program is a Merchant [...]

photo credit: gcoldironjr2003
I am frequently approached by business owners seeking financing for their companies. It’s become a love-hate scenario. I love it because that’s what I do, arrange financing for small businesses. I don’t enjoy it as much when I soon realize that the business owner often doesn’t know why they need the money, [...]

photo credit: norhendraruslanA working capital loan is a form of business loan that is commonly allocated to support the daily operations of a business or buy earning assets. This source of funding is often sought when the net working capital is deficient. This circumstance results from a low or even negative figure when the [...]

photo credit: ItzaFineDay
There are several ways to obtain funding for your business; the most common lender is the traditional bank, credit unions and private loan companies or capital companies. Through these types of lenders, business loans must be secured. This means using your personal assets as guarantee (collateral). Business loans are very risky because [...]

photo credit: norhendraruslan
Most business owners are told by bankers and other “financial advisors” that they will have to qualify for their business credit line based on their personal credit score and that they will have to personally guarantee any credit extended to their business, especially if it is a new business.
That is not true.
Understand [...]

photo credit: testa1250
Aged Shelf Corporations & ELOC’s can help protect & grow your businesses in many different ways.
1. Owners should convert existing personal businesses into corporations
2. Establish corporate history, trade lines, and protect personal credit and assets.
3. Owners want to establish business trade lines in the business name instead of using there personal credit [...]

photo credit: World Economic Forum
Calculating global income on commercial loans is all about figuring out the borrower’s TOTAL net income. In other words, underwriters want to know all of the borrowers sources of income and all of their expenses on all business, rentals, and personally. What they are trying to get at is does [...]