Tax season is upon us, even if April is still a few months away. We understand it’s easy to postpone doing your taxes because you prioritize other responsibilities, but you’re only working against yourself and your business if you wait until the last minute. You see, tax planning takes time; it depends on the structureRead more
A new decade is just around the corner. While the new year brings some uncertainty — the presidential election, the U.S.-China trade war and rising taxes — according to research done by different financial institutions across the country, the majority of business owners have a positive outlook for what’s to come. Are you ready forRead more
Seeking additional funding to take your business to the next level? You’re not alone. According to the Federal Reserve, 40% of businesses in the US applied for loans in 2017, and 59% of those planned to use that money for expansion. American businesses take out millions in funding every year from banks and private lenders,Read more
What is an SBA Loan? SBA loans are funding programs for business owners guaranteed by the Small Business Administration, which is a federal government agency. While the SBA itself doesn’t distribute small business loans, it provides guidelines for partner lenders, and offers a guarantee of 85% for loans up to $150,000 and 75% for thoseRead more
Since the financial crisis of 2007 – 2008 over a decade ago, lenders have tightened their requirements for businesses that they choose to extend loans to. This leaves many businesses in the lurch with fewer options for financing, particularly those that may have problems with outstanding invoices. To fill this gap and offer additional funding options,Read more
Have you been considering using bridge loans for your business? Essentially, a bridge loan is a short-term loan that is designed to provide temporary financing until other forms of financing can be obtained. In short, a bridge loan bridges the gap until more permanent forms of financing can assist in solving financial problems of business owners.Read more
Do you own a business and find that it can be hard to make ends meet sometimes? If so, you may have been looking for a loan to help your business stay afloat during hard times. However, depending on the creditworthiness of your business and other factors, you may be seeking alternative options to traditionalRead more
