Fortunately, there are dozens of alternative financing options entrepreneurs can turn to for the money they need to grow their businesses.
When getting a loan, it can be a bit overwhelming to know how many options are really out there in the marketplace.
There are a lot of things involved in running a successful business. One of these things involves good business accounting skills.
In many ways, getting a business loan is very similar to a lot of other kinds of loans. Based on your credit, you may be offered different kinds of opportunities such as larger loans or lines of credit, lower interest rates and more.
When you are in the process of buying and selling homes, there may sometimes be a case where you need funding for a purchase before that funding comes from a different sale.
As a business owner, having good credit can make a world of difference. Business credit is essential for obtaining the funding necessary to purchase materials, secure vendors, buy equipment and establish trust with everyone from suppliers to lenders to building owners.
Whether you’ve recently started a small business or are thinking about starting a small business, it’s important that you have an idea of what to expect.
You know that a business plan is necessary, and you may have done your research on how to create one and on what elements a perfect plan is made up of.
There are a plethora of different loan options on the market for personal and business use, and when you are looking into funding it can be difficult to get started, especially if this is the first time you have ever really needed to get a loan.
When working with commercial real estate, such as an office building or a rental property that you rent out to tenants, there are a lot of things that require you to have access to funds at a moment’s notice.
Acquiring a new business can be a great venture that may give you opportunity for increased profits and can also indicate that your business is thriving compared to your competition.
When you plan to take on a new project such as a business venture, it is probably because you have some good ideas that you want to share or that you think could be useful to someone and profitable for you.
Investment property is a wonderful addition to any portfolio, but securing it can pose risks.
Rehab properties can become very profitable commercial real estate project. Commercial real estate investors are constantly looking for affordable rehab properties which they can turn into single or multifamily rentals, or that they can flip for a handsome profit.
When businesses are striving for growth, traditional loans seen to be the conventional solution.
Being able to critically analyze your supply chain can help your business adapt to market changes and increase your bottom line.
Business burnout is becoming more prevalent every year. Entrepreneurs, fueled by a desire to be successful, often combined with a fear of being unable to carve out a foothold in their industry, operate under high levels of stress and anxiety.
Preparing business taxes is something no one likes to do. The whole process can be very long and tedious, especially if the prep work is put off until the very last minute.
The commercial real estate arena offers two big selling points. First, investment properties can be extremely lucrative. Whether buying and selling, or renting out space, the revenue generated provides a great source of income.
If you are an independent commercial real estate investor handling one or more rental properties by yourself, then you need to have the right tools and procedures in place to respond to issues that might arise.
When businesses try to position themselves for growth, using loans seems to be the conventional solution of choice. However, loans frequently keep businesses from reaching their potential or maintaining momentum.
Receivables drive business growth. Sales translate to invoices, and the payments received allow businesses to acquire new equipment, move into larger facilities, perform buyouts and mergers, and roll out new products and services.
When we discuss solutions for businesses of all sizes, most programs fall into either debt based structures or equity financing.
Alternative financing covers a wide range of solutions for businesses of all sizes, across all industries.
Creating a thorough and detailed business plan is one of the best ways to get approved for SBA loans. A solid business plan shows lenders that you have done your research and understand the finances involved in starting and growing your operations.
Having access to working capital is the lifeblood of any business. However, with high bank requirements, and many business owners wanting to avoid debt wherever possible, bank loans are not always the first choice.
When businesses are going through a period of growth, maintaining the same strategy for managing receivables does not always work.
The concept of debt consolidation is nothing new in the business world. However, debt consolidation has evolved over the years, and offers more benefits to business owners.
Fixed assets are as much a part of any business as overhead and revenue. Almost every single business owns fixed assets in one form or another.
For many businesses, having an extra source of working capital is important, especially when loans are not in the picture.
When cash advances are brought up, many people think of retail and seasonal businesses. While cash advances can do wonders to help those businesses grow, we are seeing medical practices using them, as well.
Fixed assets are part of every business. From computers to vehicles, real estate, equipment, and even receivables, fixed assets are as tied to entrepreneurship as EINs.
Gas station financing is made of a number of components. Gas station owners, whether independent or part of a franchise, have needs for various forms of gas station financing, but rarely all of them at once.
Sale leaseback financing has been a point of confusion for business owners. While sale leaseback financing programs are fairly unique, many business owners do not understand the benefits available.
Business mergers are supposed to be a combination of forces that yield company that is supposed to be greater than the sum of its parts.
Stated income loans are very beneficial to commercial real estate investors. In many cases, stated income loans are used by commercial real estate investors and property developers who want to avoid the red tape and increasingly high requirements of traditional bank loans.
Franchises are becoming the go to business model for people embracing the entrepreneurial spirit for the first time. After all, franchises offer a streamlined business model, complete with training, branding, marketing, and an existing audience.
Owner occupied properties frequently get overlooked by commercial real estate investors. Many investors look at commercial properties, and want a “hands off” experience.
For commercial real estate investors looking for steady, long-term revenue, nothing beats multifamily rental properties. Whether it is a duplex or a large apartment building, multifamily rental properties offer a number of benefits to commercial real estate investors, which cannot be had from other property types.
Team motivation for small business owners is always a challenge. After all, different people are motivated by different incentives.
Independent commercial real estate investors are always looking to expand their territory by acquiring new properties to generate revenue.
Whether you are a seasoned commercial real estate investor, or if you are starting to think about generating an extra stream of income with commercial properties, there are a number of things to consider.
Business acquisitions are not uncommon, and take place across all industries. From tech startups to medical practices, retailers, distributors, and large manufacturers, business acquisitions make financial sense, and are an example of the free market at work.
Some business owners find it to be a necessary evil. Others live or die by it. Like it or not, business accounting is integral to everything from keeping track of available working capital, to making forecasts and projections when seeking large funding.
Business acquisitions are very unique activities. No two are alike, therefore, therefore, acquisitions do not fit easily into standard financing programs from traditional lending sources.
For those who are new to the commercial real estate business, the overview is fairly easy to grasp. Purchase commercial property below market value, renovate it, and then either sell it for a higher price or rent it out to tenants.
New and growing businesses need funding to to not only sustain operations, but to thrive and expand in their respective markets.
How is your business doing? Maybe you want to start a new project, or perhaps you want to expand or need some extra money for another reason.
Mezzanine loans are especially well-suited to complex commercial real estate transactions, in which a property owner must make use of all available avenues of financing to ensure a deal moves forward.
For small businesses, leasing manufacturing equipment may be the best choice when it comes to expensive items such as machinery or specialty devices.
The thought of starting an import business can be quite daunting to those unfamiliar with how importing goods actually work.
For the experienced trucking business owner or fleet manager, freight factoring might be a familiar concept, and may even already be instituted within the establishment in question.
So you’re a new owner of a shiny new franchise, and you can’t wait to get started with earning profits and building your business to be the best it can be.
There are few accomplishments quite as rewarding as finishing a home project that your house has so desperately needed.
Are you an entrepreneur or small business owner? Are you looking for a way to easily collect the money that is owed to you? You have likely looked into debt collection agencies, as they offer a way to get your hard-earned money.
A few years ago, many small businesses were feeling the sting of the credit crunch and unable to secure traditional loans from banks and credit unions, they turned to alternative sources for funding.
You can get approved for commercial real estate loans without having any prior real estate experience. Understanding what you need to do to quality is not as difficult as you may think.
One of the most common issues that new subcontractors face is receiving financing prior to beginning new projects. It can take several months for payment to be processed after completing a job.
In order for your small business to be able to thrive, it needs cash. Having a steady flow of cash in your business can make all the difference between finding the room to grow at a comfortable pace and crumbling under the weight of financial responsibilities.
Find Your Commercial Finance Solutions Through Vortex Funding
We approach our clients with a “customized approach” where we take time to understand every detail of their business plan and help identify the right solution to their capital needs and solve it. Our success is solely based on our ability to perform and obtain the right financing for any of our client’s promptly.