Alternative lending is a term used to convey a wide group of financial services firms that offer loans to businesses outside of a traditional bank. Often these entities have been denied a traditional bank loan, due to banks’ frequently unattainable standards for loan approval. When a business does not have stellar credit or the collateral required to secure a loan, going to an alternative lender can be a viable option Read More
What to Look for When Investing in Property
Investing in property can be a lucrative endeavor. The historical appreciation rate for the housing market over the last 50 years is over 5%, so if you play it smart, you can make a positive return on your purchase. However, without the right strategy, an investment property can be financially disastrous. Here are few things to keep in mind when investing in real estate. Location Home prices vary drastically Read More
Ready to Upgrade From a Home Office? Here’s What You Need to Know!
While many home-based business owners enjoy low start-up costs and minimal risk, they have a much harder time catering to expansion. If you’re looking to hire staff or hold regular client meetings, it may be time to research a new location, update your permits, and re-evaluate your business needs. When moving to a commercial space, financing is usually the biggest factor and can be a major barrier if you lack Read More
How Trucking Companies Can Benefit From Leasing
The trucking business is very competitive, and it can be profitable if you manage your business well. There are a number of ways you can get the truck equipment you need, but the sales person at the dealership may not present the best option for you. As a small business owner of a trucking company, you need to do your homework when you are looking for truck equipment financing. You Read More