Top 10 Industries Bad Credit Business Loans Can Help

Top 10 Industries Bad Credit Business Loans Can Help

Bad credit business loans help many small businesses get the financing needed for success. What is a poor credit score? Generally, a credit rating under 600 makes it difficult to find an approval for traditional loans. You can still get business funding with bad credit. Contrary to what you may think, you don’t have to accept absurd interest rates to […]

Bad Credit Business Loans: One of Four Main Solutions Business Owners Now Turn To

Bad Credit Business Loans: One of Four Main Solutions Business Owners Now Turn To

More business owners across America are considering bad credit business loans as they face unprecedented financial and logistics struggles. These struggles followed state orders that shut down non-essential businesses to keep more people at home. To maintain some income, many business owners were forced to get creative, seek out disaster relief, or both. Where government assistance […]

The Importance of Working Capital for Construction Companies

The Importance of Working Capital for Construction Companies

Access to working capital plays an indispensable role in a business’s survival and growth. To ensure there is always cash in hand, proactive companies use elaborate cash flow forecasts to determine what they need money for and when. Some also rely on relationships with a construction equipment loan provider to spread out the initial cost […]

The Ultimate Guide to Trailer Financing

The Ultimate Guide to Trailer Financing

  Trucking can be a profitable business to get into — but getting started in this industry? That takes resources. Financing and funding to kickstart or expand your trailer business ought to play a central role in your strategy. Prior to making a decision, know that buying tractor-trailers are expensive. Manning, equipping, and maintaining an […]

Understanding Factor Rate and How it Determines Your Business Loan Repayment Plan

Understanding Factor Rate and How it Determines Your Business Loan Repayment Plan

Unlike personal loans and mortgages, equipment financing/leasing doesn’t account for an interest rate or APR.  Instead, the amount of interest you’ll end up paying is calculated using a method called factor rate. A factor rate — is essentially “interest”, but calculated at the outset of the loan and spread across your payments throughout the borrowing […]

The Easiest Way to Get Sprinter Vans

sprinter van financing

You have decided to get Sprinter vans as a new addition to your fleet. Having already used vans and trucks for your business, you know that sprinters are a great choice. The Sprinter lineup consists of the Sprinter Cargo, Crew, and Passenger vans that are available in both gas and diesel engines. Gas engine models […]

How to Finance Medium Duty Trucks

Financing for medium duty trucks

The American economy heavily depends on medium duty trucks to transport vital goods. According to the American Trucking Association, these goods are more than 70% of US freight tonnage. Industries such as hospitals, food, and beverage use these medium duty trucks to move medicines and goods. Needless to say, without trucks, the US economy could […]

What is a business cash advance?

What is a business cash advance?

A business cash advance is a lump sum payment that is taken up by a business in return for a fixed percentage of future credit or debit sales. They’re a smaller, more convenient alternative to traditional bank loans as they are characterized by short-term, regular payments. Enabling a business to sell a certain portion of […]

How to Get Drill Rig Financing

How to Get Drill Rig Financing

Interested in drill rig financing? You’ve come to the right place. First Capital Business Finance is proud to offer drill rig financing that fits your needs. Read on to learn how to get drill rig financing through First Capital. Talk to the Experts The Steps to Getting Drill Rig Financing A drill rig, or a […]

Benefits of Freight Factoring

Benefits of freight factoring

You’ve been thinking about freight factoring a lot, especially since you started seeing ads for it pop up everywhere. But as you think about it more, you wonder if there’s any real benefit. “Freight factoring seems good, but will it really help?” If this sounds like you, we understand. Freight factoring can seem really great, but unless it […]