Hard Money Loans

You may already know how merchant cash advance works, but do you truly understand the benefits? Cash advances can be obtained for a number of reasons and we will provide examples of how they can be used in the following article. Furthermore, we will examine when to use merchant cash advance and when it might [...]

photo credit: afeld Your business is doing well. Your customer base is growing, and during the last quarter you actually turned a profit for the first time since you opened your doors last year. You have a solid business plan and now it’s time to think about moving out of your rented space, buying more [...]

photo credit: gripso_banana_prune Running a business is not an easy task and the need of financing is a must. However, a business owner wants a cheap source of financing and not rates that eat up all revenue. Unsecured lines of credit are either too expensive or not available for small businesses. Thus, if the business [...]

photo credit: ProgressOhio One of the most prominent changes with every lender in today’s market are the stricter underwriting guidelines they are imposing on all their borrowers. Because of their previous lackadaisical approach, many lenders have found themselves in great trouble with many closing their doors and claiming bankruptcy. The lenders who are still in [...]

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. [...]

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: 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 existing [...]

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 [...]