Tag Archives for first capital business finance

If You Need A Working Capital Loan, Who Do You Call?

Businesses today might have a greater need for working capital loans, more than ever. Even though it sounds like a broken record, our economy is still in the tank, and businesses aren’t as healthy as they were before. Companies today, might not have as much cash on hand, and if they have a need for working capital they will only have several options. If the funds aren’t already in the business bank account they will need to resort to either Read More


Crowdfunding – Business Cash Advance – SBA

Crowdfunding? Business Cash Advance? SBA?

Which type of business financing works for you? With the financial industry ever evolving, there becomes a wider range of options when looking for business loans. Your typical loan from your local bank or credit union is now competing with other types of financial sources.  In previous posts, we’ve discussed business cash advance, SBA loans, and merchant cash advance. But there’s so many other ways to fund your business, and I’m not talking about asking your family members. One unconventional Read More


Bank Requirements For Working Capital Loans

Do you qualify for a business loan from your bank? We were curious to see how simple or difficult it would be to get a working capital loan from some of the major banks. Instead of just calling one bank, we decided to call five of the largest banks to see the differences between them all. We used the same scenario with all the banks. Here’s the business loan scenario we used: We had 5 different people all call s Read More


Home Builder Needs A Working Capital Loan

“You need money to make money.” Everyone has heard of that saying more than enough times, and it’s very true when it comes to running a small business. If your business is short on working capital, how else do you expect to grow? We recently came across another scenario with a home builder that specialized in building individual homes. Here are some of the obstacles this business was coming across: ·   They had four homes sold and escrow would Read More