On June 5, 2020, the Paycheck Protection Program Flexibility Act was signed to provide additional forgiveness guidance and flexibility to businesses participating in the Paycheck Protection Loan Program (PPP). A high-level of the PPP flexibility act is provided below. Maturity...
You tend to dedicate all your free time to planning your next venture. You have a full-time job at the moment but have been developing a plan to strike out on your own and open a business. You have...
Not all your business funding needs to come from traditional bank loans and profits, there are many viable and useful alternative lending types to choose from when you need a bit of extra capital. Many of these funding types...
Unfortunately, no business is immune to financial troubles. Some companies' profits rise and fall with the economy. Sometimes, an otherwise lucrative business experiences an unexpected disaster that insurance doesn't fully cover. No matter what causes a bad financial situation,...
Sometimes, a business owner needs working capital quickly. Traditional loans take weeks or even months to be approved, so what is a business owner in a time crunch to do? Luckily, you have options. When traditional loans just won't...
Sometimes you need capital for your next big project but have maxed out what senior lenders will offer you. This is where mezzanine financing comes in handy. With this financing option you can refine and meet your company’s goals...
Investing in commercial real estate can be quite a lucrative venture. However, it does require some know-how, including understanding the best financing options when you want to purchase a new property. Many investors are turning to hard money loans...
Small businesses may not have the same access to cash as their bigger counterparts. While this is a definite disadvantage when it comes to bulking up on inventory or purchasing the costliest equipment, it means almost nothing when it...
If you own a business that relies on customers paying their invoices for you to operate, you know that slow-paying clients could cause issues for your entire operation. Luckily, there are financing options for your situation. If you need...
Having committed employees can make a big difference in the function of your company. When you have proper leadership, you can find and retain the best talent. Three of the best assets a team leader can have are an...