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Asset-Based Financing for Small Businesses

By |2020-12-08T10:24:46-06:00December 10th, 2020|Business, Financing|

As banks and lenders tighten credit and collateral requirements, traditional loans are moving further out of reach for small businesses. Yet while businesses are moving to the digital space, the need for working capital is very real. Instead of seeking out traditional loans, businesses are leveraging the items they own to create working capital through asset-based financing. What is Asset-Based

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Commercial Real Estate Investors Rely on Bridge Loans

By |2020-11-02T05:12:58-06:00November 5th, 2020|Business, Real Estate|

Between the pandemic and the uncertainty of property markets in the near future, commercial real estate investors are having issues securing financing through traditional lending channels. Lenders are tightening their credit requirements con commercial real estate loans, placing more risk on property deals than they were a year ago. As a response to these changes in the traditional lending market,

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Maximizing Year-End Sales to Carry Your Business into 2021

By |2020-10-02T14:23:30-05:00October 8th, 2020|Business, Financing|

While much of 2020 has been disruptive for businesses, consumer demand remains strong. Year-over-year, e-commerce has been gaining ground, and with the COVID-19 pandemic, businesses should expect online sales to be higher than ever in the fourth quarter. While fewer people will be hitting brick-and-mortar stores during the holiday season, businesses should be preparing for high-volume online sales in the

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Cash Flow Determines How Quickly Businesses Recover

By |2020-07-06T07:53:33-05:00July 9th, 2020|Business, Financing|

As more businesses reopen in cities across the United States, cash flow is becoming the prime concern. Cash flow determines how quickly businesses will recover over the next few months and position themselves for long-term success. What Cash Flow Means to Businesses Cash flow allows businesses to make payroll and cover overhead. Cash flow allows businesses to restock inventory, purchase

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As States Reopen, Businesses Seek Accessible Financing

By |2020-06-02T13:31:41-05:00June 4th, 2020|Business, Financing|

As some states begin to lift restrictions and businesses reopen, entrepreneurs are looking to make up for lost time after having their operations limited or halted completely. However, to get operations up and running quickly without taking on major debt, businesses need a flexible source of financing. Securing Traditional Loans is Difficult Banks and other traditional lending channels are tightening

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Choosing the Right Business Financing Lender

By |2020-05-04T10:43:11-05:00May 28th, 2020|Business, Financing|

After the first round of Paycheck Protection program (PPP) loan applications were dispersed, businesses across the country were eagerly awaiting approvals so they could access relief financing. But even after those funds ran out, some approved businesses were still left waiting. The reality set in that traditional lenders have long loan processing times. Additionally, traditional banks gained over $10 billion

SBA Relief and Recovery Loans Frequently Asked Questions

By |2020-05-04T10:36:33-05:00May 7th, 2020|Business, Financing|

With the second round of funds allocated for SBA Paycheck Protection Program loans, more businesses will be able to get the financial relief they need to pull through this pandemic. wile the details outlined for Paycheck Protection Program (PPP) loans can be confusing at best, we here at Web Finance Direct have decided to address the key points business owners

Building Capital Reserves for Your Company’s Financial Security

By |2020-03-04T08:19:38-06:00March 26th, 2020|Business, Financing|

Businesses rely on sales to cover overhead and achieve growth. However, nearly one-third of new and small businesses fail due to external factors. In order to thrive and overcome obstacles on the road to success, businesses need to build capital reserves. When revenue is staggered, business owners need to find a solution that creates a financial situation to optimize cash

Financing Your Business without Breaking Your Budget

By |2020-03-04T08:08:07-06:00March 12th, 2020|Business, Financing|

Small businesses of all types need financing at some point. Whether it’s working capital, equipment, growth solutions, or anything else, finding the right financing is essential to success. However, some businesses may not meet the requirements to secure traditional loans, nor do business owners want to take on unnecessary debt and impact their credit ratings for loans that are too

How Businesses Can Avoid Loan Turndowns

By |2020-03-04T08:08:30-06:00March 5th, 2020|Business, Financing|

Approvals for business loans from traditional lending channels hovered around 50% at the end of 2019. Approvals for similar loans from the major banks and credit unions were even lower. Loan turndowns are on the rise, but there are a few things business owners can do to increase their chances of approval, as well as financing options when turndowns occur.