6 Tips When Your Business Loan Is Denied

Your business loan application was denied. You invested time in the loan process because your business really needed the additional capital. Relax, it´s not fatal and there are steps you can take to move forward as noted below. 1. First Things First. Why Were You Denied? Ask the lender why your small business loan application was denied. The lender is required by law to inform you as to the reasons…

Applying For A Small Business Loan

Guide to Applying for a Business Loan Ready to apply for a small business loan? Great. Now you need to fill out forms to get the approval… Follow the following steps to get the you best chance of approval of the business loan as noted below. 1. Start By Asking Yourself, Why? Are you planning to expand your business? Does your business need additional cash flow to support future growth…

Merchant Cash Advance In Retail

Merchant Cash Advance Retail Financing Uses Merchant Cash Advance (MCA) retail financing can offer your business a variety of benefits to be more successful. To stay competitive in the retail industry, it is important to continuously improve your business, which often requires additional short or long term capital investment. Your business improvements will likely include new technology, marketing, inventory, personnel and business practices. With merchant cash advance financing, your business…

Merchant Cash Advance versus Business Line Of Credit

Two popular financing options available to a small business owner are the Merchant Cash Advance (MCA) and the Business Line of Credit. Each financing product has their strengths and best type of use for a business. Let´s look at the differences in these two popular financing products. Merchant Cash Advance (MCA) The small business MUST process credit cards as a form of payment, generally with a minimum average monthly amount.…

Note Due Diligence

A note buyer will perform an investigative process known as note due diligence prior to making an offer to purchase your mortgage note.  The buyer is making a financial investment by purchasing your note. Therefore time and resources will be invested to confirm (that is, audit) all material facts regarding the sale, plus anything else deemed material to the sale.  The buyer (investor) will verify the material facts related to…