Business Financing

Writing Your Construction Business Plan: The Definitive Guide

A construction business plan is an important document that showcases your company’s objectives and your strategies for growth. Whether your construction business is a startup or a more established enterprise, you may find yourself in a situation where you need to develop and present a construction business plan. If you’ve never written one before, you’re…

What Is Asset-Based Lending or Financing?

Asset-based lending is a form of business financing that’s secured by collateral. Collateral is any asset a business owns that is of value and can be used to ensure repayment. Businesses can use real estate, accounts receivables, inventory, equipment, or even purchase orders to secure asset-based lending. You may even be able to combine multiple…

Everything You Need to Know About Long Term Business Loans

This post was last updated on November 6, 2020 to include more information about long term business loans. In the course of growing or problem solving, all business owners encounter a need for cash, and lots of it. Whether you anticipate it or not, the need for cash can put a financial strain on your…

How Does Inventory Financing Work & Is It Right for Your Business?

Whether you sell cars, operate a convenience store or own a restaurant, having inventory on hand is what gives you the ability to do business—and ultimately, drive revenue. But unfortunately, acquiring new inventory isn’t always as simple as the click of a button. When working capital doesn’t cover the costs, inventory financing gives you a…

The Worst Advice We’ve Ever Heard About Applying for Small Business Loans

At National Business Capital, each week we meet, speak or chat with hundreds of business owners who have challenges to overcome and opportunities to take advantage of. When we talk with these incredible individuals, our job is to see how we can be part of their success story. To say that we’re a “solutions-oriented” company…

Why Are Business Loans for Women so Hard to Get?

Now, more than at any time in history, women of all ages have grabbed the reigns of business ownership, and are generating both direct and indirect employment and economic activity.Securing the right financing option such as a business loan for women is (or rather—can be) the easiest and quickest way for women-owned businesses to take…

Comparing SBA Loans With Unsecured Small Business Loans

Most business owners know that they can apply for financing through the Small Business Administration (SBA). Fewer business owners know that there are alternative financing options which may be available to them. Let’s take a look…  SBA Loans vs. Unsecured Small Business Loans The SBA has an affiliation with the government and a long history…

Collateral Business Loans 101

What are collateral business loans, and what assets you need to leverage to get one? Many borrowers aren’t sure if they need to provide collateral and, if so, what happens to their assets if they miss a loan payment. To help unravel this confusion, here is a high-level overview that we can call “Collateral Business…

An Introduction to Equipment Loans: 5 Things You Need to Know

At first glance, an article that covers the basics of equipment loans may seem rather pointless. After all, aren’t equipment loans used for purchasing equipment? Well, the answer may surprise you and help you understand why there’s more to the story! First of All Yes, equipment loans are indeed used for purchasing equipment. But there…

3 Ways to Identify Profitable Opportunities to Exploit with Business Lending

It’s widely understood that obtaining business lending is an effective — and often essential — solution for covering an urgent or unexpected working capital shortage. However, it’s somewhat less well known — yet just as valuable and important — for businesses to realize that business lending is also necessary to exploit profitable opportunities. Below, we…