Bridge Loans for Small Business – Advantages and Practical Considerations when choosing a Bridge Lender

Posted by on Nov 28, 2017 in Business Loan, Business Tools | Comments Off on Bridge Loans for Small Business – Advantages and Practical Considerations when choosing a Bridge Lender

A bridge loan is a short-term loan, with a term of a few weeks to 12 months, that allows a small business owner to make a strategic acquisition, acquire property, or make some other useful purchase. Sometimes called “gap financing” or a “swing loan”—borrowing in this fashion can often be a useful tool in increasing enterprise value while “bridging” the enterprise to a longer-term financing solution, or to an expected influx of cash. No Stigma with Bridge Loans There’s no stigma...

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Debtor in Possession (DIP) Financing – a tool for small business in reorganization

Posted by on Nov 20, 2017 in Business Tools | Comments Off on Debtor in Possession (DIP) Financing – a tool for small business in reorganization

How a small business can exit bankruptcy with Debtor in Possession (DIP) Financing All businesses, large and small alike, experience setbacks. Production difficulties, service disruptions, lost customers, you name it—there are as many things that can go wrong in business as there are businesses themselves. When problems escalate, financial pressure often follows, creating stress for the business and for business owners. Left unchecked, difficulties can threaten the continuation of the...

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How to Finance your Small Business when Saddled with Bad Credit

Posted by on Jul 12, 2017 in Business Loan | Comments Off on How to Finance your Small Business when Saddled with Bad Credit

At very minimum, 30% of Americans have poor credit. If you are sitting in between two people, look to your left, and then a look to your right. Odds are, one of you has a poor credit report following you around or no credit at all! Even worse, according to a recent report from the Corporation for Enterprise Development, it is possible that Americans have even worse credit than previously believed. Per their latest report on citizens being excluded from the financial mainstream, 56% of consumers...

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How to Get Business Loans with Bad Credit

Posted by on May 22, 2017 in Business Loan, Business Tools | Comments Off on How to Get Business Loans with Bad Credit

Business Has Bad Credit? Infuse Your Business With Cash! In the cutthroat world of small business funding, a bad credit score is a scarlet letter that warns all business lenders to stay away. You can take steps to improve your credit, but this takes time, time that you might not have. If you can’t get a business line of credit and feel like your small business is stuck because of a bad credit score, there are still options for you. Do not give in and take a high-interest cash advance loan...

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A Better Alternative To Business Cash Advances

Posted by on Jan 5, 2016 in Non-Recourse Accounts Receivable Factoring | 1 comment

Small businesses with bad credit that cannot obtain a bank loan often seek cash advances to achieve additional cash flow. Business cash advances are made against future product sales. Repayment begins immediately, as the cash advance provider either takes a portion of your ongoing sales or debits your bank account every business day. Further, the interest charges on business cash advances can be significant – upwards of 60% or more at an annual rate. As they are structured, cash advances...

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