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. That’s the good news! The bad news is that women continue to face obstacles that prevent them from getting business loans, and reaching their fullRead More
Each year, hundreds of thousands of people from all walks of life and backgrounds bring their business ownership dream to life by purchasing a franchise. If you are thinking of following that well-forged path to personal satisfaction and profitable success, then here are 3 franchise financing options to consider:
A commercial mortgage is a loan that is secured by commercial real estate, such as an office, building, warehouse, mall, apartment complex, and so on. In return for pledging collateral, business owners get a lower interest rate (and therefore lower total cost of borrowing) vs. an unsecured business loan. They also typically qualify for aRead More
Many things have changed in the last several years. For example, there is now a generation of people that cannot comprehend what life was like when “the web” was exclusively where spiders lived, and when the only people who said “iPhone” were those who needed some remedial help with their pronouns.
If your business is in the B2C retail space and most (or possibly all) of your transactions are conducted via credit card or debit card, then merchant financing might be the flexible funding solution you need to cover expenses, make investments, and keep your business on-track for future growth.
Many firms in the automotive sector — such as repair shops, new and used car dealerships, rental agencies, retailers, rust proofers, body shops, detailers and parts manufacturers — rely on a line of credit to support day-to-operations. However, to cover larger expenses or investments, it’s often necessary to take a more strategic approach to cashRead More
Once viewed as the “funding source of last resort,” in recent years asset-based financing has emerged as a viable and flexible solution that enables businesses — especially smaller and mid-sized firms — to get the working capital they need to do everything from cover unexpected costs, to support strategic growth and expansion plans. Indeed, accordingRead More
According to data compiled by Statistica.com, the number of franchise establishments in the U.S. climbed to 745,078 in 2017 — the fifth straight year of increases, and a 6.75% rise from 2013. If you’re considering joining the ranks of successful franchisees, then there’s a good chance that you’ll need additional funding. To help you headRead More
Many people across the country — and from all demographic categories and walks of life — dream of being at the helm of their very own restaurant; either as an active part of the team, or as a more hands-off investor who stays in the background and delegates accordingly.
The business landscape is full of terms that sound standardized and even scientific, but there are also terms that are named subjectively. There’s no better example of this subjective naming than when the spotlight shines on “quick business loans.”