When it comes to financing your business, you have many options at your disposal, including overdrafts. But how do overdrafts stack up against business loans? Which one is the best alternative? Keep reading to discover the answers to these questions. What Is an Overdraft? At the end of the day, an overdraft is simply a…
As we have explained in previous posts, 504 loans were designed to purchase land, facilities, or long-term machinery. But can you use a 504 SBA loan for renovations? Keep reading to discover the answer. Can you Use a SBA 504 Commercial Loan for Renovations? The short answer is yes, you can use a 504 loan…
When looking for a financing alternative, you have to consider many factors. For example, are SBA loans public record? In today’s post we answer this question and offer some useful tips and facts about SBA loans. Are SBA Loans Public Record? Yes, the information about Small Business Administration (SBA) loans is a matter of public…
Whether you are starting a business or planning to expand an existing one, you may be asking yourself “Who can finance my business?” In today’s post, we offer an overview of the options at your disposal. Who Can Finance My Business? Knowing who to turn to for business financing is fundamental to the success of…
Regardless of the industry, there’s a question all business owners ask themselves at some point: How to get equipment financing? Keep reading to discover the answer. What Is Equipment Financing? Put simply, equipment financing is a form of business financing that provides companies with the capital they need to purchase or borrow hard assets such…
For many entrepreneurs, writing a business plan is one of the most daunting parts of applying for a business loan. With that in mind, today we take a closer look at SBA loan business plan requirements, including the structure of the two most common types of business plans. What Is a Business Plan? Simply put,…
Any business owner has at least two alternatives when faced with an expense: business loans or credit cards. With that in mind, in today’s post, we go through the pros and cons of each alternative. Business Loans vs Business Credit Cards If you are wondering which is the best option between business loans and credit…
Even if you have a brilliant business idea, funding is one of the trickiest aspects of starting a business. In this post, we discuss how to use SBA loans to start a business, and talk about other financing options you should keep in mind. Can SBA Loans Be Used To Start a Business? The answer…
Purchasing an existing business is a smart way to give yourself a head start as you look for greater financial success. But what type of loan do you need if you want to purchase an existing business? Keep reading to find out. What Type of Loan Do I Need if I Want to Purchase an…
Looking to purchase commercial real estate in California? In this comprehensive guide to commercial real estate loans, you’ll find everything you need to know, from the benefits of owning a commercial property to the types of commercial loans at your disposal. What Are Commercial Real Estate Loans? A commercial real estate loan is a loan…
