What is Equipment Financing? While the average small business needs about $10,000 in startup capital, that amount needed increases fast when you need expensive equipment to carry out your business operations. Flatbed truck transportation companies, laundromats, and other manufacturers require heavy, expensive equipment to operate. Luckily, there are many options for business financing. You might […]
What is Accounts Receivable Financing?
What is Accounts Receivable Financing? Accounts receivable financing is a great way to improve your capital and address short-term cash flow needs – but what exactly is it? This guide will review everything you need to know about AR financing, including why and how it might be beneficial for businesses. AR Financing: The Basics Let’s […]
Business Financing Line of Credit; What is it and How Can it Help Your Business?
Business Financing Line of Credit; What is it and How Can it Help Your Business? A line of credit can provide businesses with a flexible business financing option to meet unexpected gaps in income or to take advantage of a time-sensitive strategic opportunity. So how does a line of credit work and when is the […]
The Essential Guide to Asset-Based Loans
Asset-based capital funding often opens the door for businesses to add or upgrade equipment or cover short-term, time-sensitive projects. In today’s business world, companies may need to secure the loan with collateral like “inventory, accounts receivable, equipment, or other property owned by the borrower.” Lenders use this collateral, or assets, to make sure the business […]
What is Venture Capital?
An Introduction: What is Venture Capital? Are you a co-founder of an innovative startup with the potential for exponential growth? Venture capital is an excellent option for financing ingenious startups. Especially those that need an injection of capital to disrupt an industry. In 2020, high-growth startups raised more than $130 billion. In addition, more than […]
Prepare Your Venture Capital Application
Great business ideas are often limited by a lack of capital. Without growth capital, innovative ideas remain as seeds, without the water and sunlight needed to grow into a thriving enterprise. In 2020, the US venture capital industry contributed approximately $548 billion in US venture capital assets under management. That’s a large injection of resources […]
Here’s What You Need to Know Before Seeking Venture Capital?
Is your business on the verge of explosive success and simply needs an injection of capital? Innovation and entrepreneurship play a vital role in a growing economy. Growth capital can help transform business ideas into a thriving operation with the potential to disrupt the marketplace. Venture capital is one of the most common types of […]
Pros and Cons of Working With a Direct Lender
Convenient access to finance is crucial to the growth and development of any business. Whether you are still developing your business idea, have just founded a startup, or are looking to scale up, access to financing is key. Small businesses have a range of options. All of them have their own considerations, benefits, and disadvantages. […]
Advantages of Working with a Finance Broker
Business owners understand the risk needed to grow a company. Capital and profit need to be strategically invested in order to help the company find success. In many cases, a business loan can give the financial boost that is needed, and a finance broker can guide this process. According to the Federal Reserve, 59% of […]
What is Factoring?
Factoring is an innovative but often-overlooked creative strategy to maintain a dependable level of cash flow in their business. What is factoring? Factoring is a form of asset-based lending. It’s a type of financing that allows businesses to get immediate access to cash based on the value of their open invoices. They do this by […]