What is a business line of credit? A line of credit gives you access to funds up to a set dollar amount, allowing you to draw what you need with flexibility. This financing tool allows you to draw up to your limit and pay off the balance on a continuous basis. The key feature of […]
Your vendors are critical to your success in the market and your profits; they are at the heart of many of your organization’s processes and activities. However, you might not consider how important it is to effectively manage your relationships with them. Also, procurement should be considered as a part of your overall business strategy. […]
Today, the American Trucking Associations released its latest forecast for the next decade of freight transportation, projecting continued growth for freight transportation overall and for the trucking industry. As the U.S. population grows and the economy increases with it, we will see continued gains in demand for freight transportation. Freight Transportation Forecast 2017 Follow that […]
How is the traditional banking industry keeping up with today’s constantly changing technology landscape? Not very well! Banks are facing challenges in several areas, but there are four that stand out in today’s market. The top 4 challenges facing banks and financial institutions Not making enough money. Despite all the headlines about banking profitability, banks and […]
6 of the biggest small business challenges And how to overcome them Times are tough for small businesses in particular, who are facing issues that are unique to their situation in an economy that still certainly looks and feels as if it’s suffering a recession. There are many key small business challenges which recur over […]
If you have poor to fair credit, which is any personal credit score below 630, you’re often out of luck when it comes to getting loans from traditional lenders. However, many alternative sources such as Premier Business Lending and nonprofit lenders believe that credit scores are not always the most important factor to consider, and […]
EQUIPMENT LENDING RESURGENCE Starts with Sales From a lending industry standpoint, inside sales is growing for several reasons including supply and demand. The availability of experienced lending and commercial finance sales talent has been strained over the last several years. Lenders seeking to grow through hiring the conventional sales person with a “book of business” […]
Convincing a lender of your need and viability as a business can often be the biggest hurdle There comes a time for virtually every small business when the need to secure outside financing arises. Whether it’s to fund day-to-day operations, invest in new equipment and inventory, or simply have enough cash on hand to get […]
Premier Business Lending wraps up inaugural year as a leader in the small business lending space in El Dorado Hills California. Premier Business Lending had a strong start to 2016 while moving operations from Southern California to the quite but flourishing community of El Dorado Hills California. Premier specializes in small business lending and cultivating […]
You’ve decided it’s time you need some heavy equipment or trucks. Maybe you’ve got some big contracts coming down the pipe, you’re growing or expanding your company’s capabilities, or you just need to replace your current heavy equipment. So how do you decide when to buy equipment and trucks and when to rent what you need? Premier Business Lending […]