Category: Business Financing

If you own a construction company, you likely know that it can take a while to get paid for your work. Materials financing offers a tool that lets you obtain the construction supplies you need without having to use up all your available cash. With construction materials financing, you’ll work with a partner that pays your material supplier for the materials directly. You pay them back when you get paid, with up to 120-day payment terms. Financing happens before the… Read More

Many small business owners seek small business loans of anywhere from $10,000 to $1 million when they need help to cover business expenses like real estate, utilities, equipment, inventory, payroll, marketing, or other operational expenses.A business loan of $75,000 could be the sweet spot for small business owners who want to start or expand their small business.The best way to get good loan rates is through good credit, no matter what loan amount you’re seeking. Applying and qualifying for a small… Read More

Once you have a recipe for a successful restaurant, your next effort may be to expand. Unless you’re flush with cash, though, you will probably need to get financing to help fund that expansion. Here’s how a restaurant business loan can help you take your business to the next level. What is Restaurant Expansion Financing? Restaurant expansion financing isn’t a specific type of loan. In fact several types of financing— debt financing or equity financing— may be used for expansion… Read More

There are many tools that business owners use to determine the financial success or profitability of their business, and one of those ways is referred to as “EBITDA.” EBITDA is an acronym for “Earnings Before Interest, Taxes, Depreciation, and Amortization.” In some contexts, it is used as an alternative to a business's net income, but in general, its purpose is to measure the complete financial success of a business. Simply put, it is a form of valuation for small businesses.… Read More

All business owners can attest to the fact that it takes money to make money. Costs associated with product and service creation are known as "direct costs''. Expenses that are not directly associated with creating a service or product are called “overhead costs” or “indirect costs.” If you are not careful as a business owner, your overhead costs could drain your revenues. Take the time to understand how to calculate overhead costs. Knowing these numbers can also help you cut… Read More