What is Alternative Lending?

What is Alternative Lending?

Many of our clients first come to us with little or no knowledge of the alternative lending industry. Most simply have a need for additional capital and have been turned down by traditional “big bank” lenders and are unaware of the many alternative lending options available on the market today. In fact, big bank lenders […]

Why Business Age Matters to Lenders

Why the Age of Your Business Matters to Lenders

One of the many factors that a lender considers when evaluating the credit worthiness of a business is their track record. This means the longer the business age, the longer the track record. This can present a huge disadvantage for newer businesses and recent start-ups. In fact, according to the SBA, as a potential loan […]

What Are No Collateral Business Loans?

What Are No Collateral Business Loans?

When you want to grow your business, obtaining a small business loan is a common approach for making it happen. However, there are a variety of loan types that can be considered, including “no collateral business loans.” No collateral business loans can be defined as loans that utilize a borrower’s promise to pay as security, […]

How To Calculate Business Loan Fees

How To Calculate Business Loan Fees

If you’re starting a business or looking to grow your existing business, a small business loan may be a viable financial strategy. Keep in mind that when you repay a small business loan, however, you’ll end up paying more than the amount borrowed because of interest, amortization, and business loan fees. All small business loans […]

3 Core Business Loan Components

3 Core Business Loan Components

Most business owners looking for financing don’t have time to research and learn everything they may need to know about the process. The reality is that most small business owners are quite busy running and managing their business. Getting help on the essentials is a good idea, however, especially if this is your first foray […]