It takes money to run a business and almost everyone has heard the adage that you have to spend money to make money, but if you are not independently wealthy, or not established then where do you get the money from? Business loans are the answer to most business needs. It doesn’t matter how big … Read more
Small business start-ups are all built with one purpose in mind: making money! Any enterprising individual with a good attitude towards hard work and willingness to devote his time and resources in starting his business is likely to do wonders in a maximum of three years! And the best part is: you don’t even have … Read more
In our next article we wanted to talk about how to get an SBA loan. Many of our clients purchase ready-made business plans for the SBA and are not 100% sure how the process works. Let us however help shed some light on what they are, how they work and the steps to avail a … Read more
You have located an asset that is the proverbial “diamond in the rough.” The purchase price is incredibly reasonable and with the right updates and improvements, the property can be flipped for a substantial profit. It all sounds great, but you suddenly realize – how do I buy the property and fix it up? Enter … Read more
Working capital loans can be used to help companies pay for their operating costs. Net capital is also defined as the difference between the current assets and liabilities of the business. It is the amount that the company currently has at disposal to pay for daily and immediate expenses. If you are having trouble meeting … Read more
Definition of Transfer-of-Title Nonrecourse Securities Loans. A nonrecourse, transfer-of-title securities-based loan (ToT) means exactly what it says: You, the title holder (owner) of your stocks or other securities are required to transfer complete ownership of your securities to a third party before you receive your loan proceeds. The loan is “nonrecourse” so that you may, … Read more
Every business, at some point or the other, needs some form of financial support. If you find that you need more funding for the daily operations of your company, you may want to apply for a working capital loan. The sooner you can get approved, the better, as this type of loan helps pay for … Read more
So, you’ve started a new business, and you’re looking for ways to get funding. First, you need to keep in mind that there is no one best way to fund a new business. Each method has its own advantages and disadvantages. Furthermore, a method that works for one type of business may not work for … Read more