If you are buying an existing business, seller financing can be an effective way to lower the amount of money a buyer needs out of pocket to take over. Instead of the bank providing all of the debt financing, the seller acts as a bank and holds some of the loan. The buyer makes a
Read MoreAn often overlooked but brilliant way to get money to start a business is through preselling to customers. When you have the business close to launch, you can ask customers to buy your product before having the product or service ready to sell. We worked with a company that rented products to college students
Read MorePeer to Peer or P2P lending is an fairly new option for small businesses to obtain funding. P2P lending bypasses the bank and directly connects borrows with investors through an internet based marketplace This arrangement serves a need where financial institutions would not traditionally lend. Interest rates are determined by the credit score of
Read MoreA merchant cash advance is a loan that is repaid using a portion of the businesses future daily credit card transactions. Instead of making one fixed payment every month like you would from a loan with a fixed amount every month, a merchant cash advance is repaid in daily or weekly payments, plus fees, until
Read MoreHave a Question About Getting a Business Loan?
CLICK HERE TO ASK