Doctors are among the top-paid professionals in America, but the cost of doing business sure isn’t cheap. There’s the pricey medical equipment, medical licensing costs (not to mention the cost of medical school to earn those licenses!), malpractice insurance, practice management software, medical association fees … and the list goes on. On top of the […]
Financing any small business is a headache, but acquiring funding for a medical marijuana dispensary can be even more of a challenge. Medical — and recreational — marijuana is legalized in states across the nation, but it is still illegal under federal law. These laws make it more difficult for owners of medical marijuana dispensaries […]
A tax lease is a rental agreement in which the entity financing the lease (lessor) retains ownership of the asset in question for the duration of the lease with regard to tax and bookkeeping purposes. Tax leases last less than a year.
Currency Finance (formerly Currency Capital) is an alternative financing company that offers a platform to connect customers with third-party equipment loans and leases. Currency offers an impressive amount of equipment capital to new businesses, but its funding process can still drag out.
Due to their low borrowing limits, SBA Microloans are one of the easiest loans to receive. However, there are borrowing requirements in place, the application and approval process can be time-consuming, and there may be extensive documentation requirements based on the policies of the lender.
Thinking about starting a vending machine business? Wondering where you’ll get the money? Learn everything you need to know in our guide!
Getting an SBA 504 loan can be a lengthy and difficult process. Borrowers must find a CDC and private lender willing to fund their loans, as well as meet the requirements of the SBA and lenders. This includes having enough revenue to repay the loan, a solid credit score, and an eligible project to be funded.
CIT Direct Capital is an online funder offering working capital, equipment financing, and franchise financing to small businesses. They prefer to work with entities that have been in business for at least two years. Even though their rates are reasonable, they have stringent borrower qualifications. Be aware of the high number of complaints about the company filed with the BBB.
Thinking about starting a food truck business but not sure how to start? This article brings you through the whole process step-by-step, from creating a business plan to funding and marketing your business and everything else in between.
If you need a way to cover gaps in cash flow while waiting for your loan disbursement, which can take weeks to receive, there’s an option called a commercial bridge loan. Bridge loans are handy for several types of situations but remember that the terms are short and interest rates are high, so make sure this is really the option for you.