For businesses that function using heavy equipment, investing in these machinery is essential for the growth of the company. However, the cost of purchasing this heavy equipment is usually a challenge for many business owners. Many business owners struggle with providing enough capital to finance heavy machinery essential to their business operations. In these cases, […]
Having a passion for providing good food, drinks, and welcoming aesthetics is what drives many restaurants. However, sometimes, even this passion isn’t enough to keep a restaurant business going. For a restaurant to become and remain successful, it needs adequate capital to keep operations going. As a restaurant owner, meeting the financial needs of your […]
When it comes to high-dollar projects, some small business owners throw up their hands. They give up hope on finding financing for the opportunities that could grow their business the most! However, we are here to tell you there ARE financing options out there for these more expensive, fixed assets. Today we will introduce you […]
A business loan application process often requires numerous documents, one of which is a request letter. This letter is a significant part of your application as it is written to request financial assistance from the financial institution. In most loan application cases, the success of your application process hinges on your ability to craft a […]
Small businesses can fail without adequate financial resources. This is why many small business owners look to loans to scale up and keep their businesses running. The problem with taking out a loan is there are various types of loans with different requirements and characteristics. There are many reasons small business owners may want to […]
Starting a new small business can be incredibly exciting, but it also takes a lot of work and, in general, quite a bit of start up capital. You might feel like you are unable to start a business because you do not have the required finances readily available, but its important to remember that there […]
Are you looking to get a small business loan, but are bogged down by all the confusing financial jargon? Interest rates are extremely important when it comes to your loan costs, and you will need to know the options available before you proceed. In this article, we will discuss the two kinds of interest rates, and […]
Gaining funding for your trucking business can be tricky. You’ve got high costs, making it difficult to find a suitable business loan for trucking. Some lenders opt out, finding the industry to be volatile and high-risk which can severely limit your loan options. However, there is good news. There are lenders (like Coastal Kapital) who […]
Not only does running a farm require a lot of hard work and sweat, but it also requires a lot of money. Farmers need expensive equipment, plus plentiful, fertile land that doesn’t often come cheap. Many farmers turn to agricultural business loans to keep their operations running smoothly. There are a lot of options out there […]
You’re not alone. Many small businesses come upon money problems as they struggle to survive in this competitive economy. Perhaps you have cash flow problems, want to refinance business debt, or buy real estate, but you aren’t sure where to turn. That is exactly what SBA 7(a) loans are for! In this article, we will […]
