Working Capital Loans

27 02, 2024

Business Loans for Home Healthcare Companies

2024-02-27T01:26:31+00:00

According to 2022 data, nearly 58 million adults aged 65 and older live in the U.S., representing about 17% of the nation’s population—and that percentage is only going up. By 2040, seniors are projected to make up about 22% of all Americans. Combine those numbers with the fact that older Americans typically suffer from more [...]

Business Loans for Home Healthcare Companies2024-02-27T01:26:31+00:00
30 01, 2024

Business Loans for Timber, Lumber & Wood Companies

2024-01-30T05:55:56+00:00

The timber, lumber and wood industry has been on the upswing ever since the 2008 recession. Rising demand—coupled with a tariffs on Canadian lumber that began in 2017 and tree diseases affecting many lumber yards in Canada—has led to a decline in supply and opportunities for U.S. lumber companies. While many lack the capital on [...]

Business Loans for Timber, Lumber & Wood Companies2024-01-30T05:55:56+00:00
24 01, 2024

Business Loans for Health Practitioner Offices

2024-01-24T05:09:14+00:00

Choosing to set up a health practitioner office results in opportunities as well as challenges. Health spending is expected to grow 5.4% through 2031 and account for about 20% of the U.S. economy by then but there are some trends that will affect the business of healthcare, including the need for increased information security, greater [...]

Business Loans for Health Practitioner Offices2024-01-24T05:09:14+00:00
8 12, 2023

Business Loans for Concrete Companies

2023-12-08T05:43:02+00:00

The concrete business, which includes revenue generated by the sales of ready-mix concrete and precast products and elements, is valued at over $450 billion. The industry is being buoyed by an increase in U.S. government expenditures for development and reconstruction/repair of infrastructure such as roads and bridges, along with the uptick in commercial projects put [...]

Business Loans for Concrete Companies2023-12-08T05:43:02+00:00
29 11, 2023

Businesses Projected to Ramp Up Credit Use In 2024

2023-11-29T05:41:58+00:00

With a new year just around the corner, predictions about the landscape for business in 2024 have begun to pop up all over. One statistic we find especially interesting is that small and medium-sized businesses plan to increase their use of credit next year to support operations and fuel growth. Combine that with the reality [...]

Businesses Projected to Ramp Up Credit Use In 20242023-11-29T05:41:58+00:00
7 11, 2023

IRS Suspends Processing New ERTC Claims/Intensifies Review Process: What You Need to Know

2023-11-07T21:20:46+00:00

Do you know the IRS has stopped processing new Employee Retention Tax Credit (ERTC) claims? As you may be aware, the ERTC was introduced during COVID. The tax credit was intended to address three different situations:   To offer money back or help employers that retained their employees during the midst of the pandemic To [...]

IRS Suspends Processing New ERTC Claims/Intensifies Review Process: What You Need to Know2023-11-07T21:20:46+00:00
21 10, 2023

5 Ways to Take Advantage of Alternative Lending During The Holidays

2023-10-21T14:14:39+00:00

Every year, it seems the holiday season unofficially starts earlier and earlier. This is being written in October; it’s not even Halloween and yet we’re seeing Santas in full force in many brick-and-mortar stores as well as online shops. The December holidays are anticipated with great glee by many people and it’s meant to be [...]

5 Ways to Take Advantage of Alternative Lending During The Holidays2023-10-21T14:14:39+00:00
11 10, 2023

How The United Auto Workers Strike Could Have a Significant Impact on Business Owners

2023-10-11T03:53:32+00:00

Since the end of September, over 17,000 members of the United Auto Workers (UAW) have been on strike against Detroit’s Big Three auto companies. Their demands include the following: A 46% pay increase A four-day work week with overtime pay beyond 32 hours Union representation at new electric battery plants The end of employment tiers [...]

How The United Auto Workers Strike Could Have a Significant Impact on Business Owners2023-10-11T03:53:32+00:00
6 10, 2023

5 Ways Alternative Lending Can Help You Get Funding When Banks Aren’t Lending

2023-10-11T03:48:23+00:00

There are many reasons why it may be challenging for business owners to receive bank loans. Let’s start with the age of the business. Most traditional banks won’t risk lending to businesses without a proven track record—perhaps of at least five years. Now how about why you need the loan. If the reason is to [...]

5 Ways Alternative Lending Can Help You Get Funding When Banks Aren’t Lending2023-10-11T03:48:23+00:00
15 08, 2023

Loan Stacking Definition, Benefits, and Alternatives

2023-08-15T03:57:54+00:00

Given what’s happened over the last several years—including the pandemic, significant supply chain issues and rising inflation—starting and maintaining a thriving business is certainly challenging. You know the old saying—you need to spend money to make money—but that means you need to have the money to spend.   With banks cutting down on lending to [...]

Loan Stacking Definition, Benefits, and Alternatives2023-08-15T03:57:54+00:00
22 06, 2023

Working Capital for Manufacturers & Distributors

2023-06-24T00:18:57+00:00

While some issues that severely affected the manufacturing and distribution industries during and immediately following the pandemic have subsided a bit—particularly supply chain bottlenecks and labor shortages—it’s not necessarily smooth sailing for all manufacturers and distributors. One of their best strategies for success is to focus on managing consistent working capital, which will provide the [...]

Working Capital for Manufacturers & Distributors2023-06-24T00:18:57+00:00
22 04, 2023

3 Ways Business Owners Are Tackling Liquidity Concerns

2023-04-22T15:19:41+00:00

Given today’s uncertain economic times, it’s more important than ever for businesses to have some liquidity, i.e., cash on hand or the ability to convert assets into cash. Liquidity is important for a business because it can directly affect its ability to take on new projects, secure loans and be prepared for emergencies.   There [...]

3 Ways Business Owners Are Tackling Liquidity Concerns2023-04-22T15:19:41+00:00
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