Seasonal or specialized businesses have specialized financial needs. We’ve seen it here before. At Advance Funds Network (AFN), we helped an HVAC business in Culver, IN secure $50,000 in heavy equipment financing. The goal: to have enough working capital to purchase additional equipment and another company truck.
It’s been said that one man’s loss is another man’s gain. This statement is certainly true of equipment leasing and finance. Construction companies may have to figure out how to survive in the off season, but in more recent years, owners haven’t been taking time off. They’ve been finding unique ways to save and to make money.
Some might say that the auto industry and the business line of credit are a perfect match. Why? Two words: logistics management. The trucking and auto repair industries have one thing in common; they must always be ready with a supply to meet the demand for service. Whether that means supporting a large scale transport and supply chain, or having the parts available on-site to fix an immediate problem, you are looking at both sides of the same coin - preparation and distribution.
How can a business line of credit grease the wheels of industry? By giving trucking companies and specialized service providers the flexibility they need coupled with hassle-free accessibility, you're doing exactly that. If you’re not sure what that looks like, but you’d like to find out more-read on. This article has the answers you’re looking for.
The holidays are just around the corner. For a lot of local businesses this is great news, because it’s often the much-needed boost it takes for them to make it through the lean months. However, construction companies are one of the few businesses where the holiday season actually signals something else entirely: the end of their revenue stream.
While the seasonal time table may put you on opposite tracks until spring, there's another way to look at the annual down turn. What does this mean? Why not consider expanding your company using fast unsecured business loans? This article can help you run a risk assessment to see if expansion through unsecured financing is in your future.
Merchant Cash Advances and Unsecured Lines of Credit are a great solution for many types of small businesses in search for working capital. Financing a business with these options has many advantages compared to traditional business financing through banks and lenders. Banks are becoming an increasingly undependable source for loans and lines of credit for many small businesses. Merchant Cash Advances and Unsecured Lines of Credit are a quick financing option for businesses that have bad credit, no credit, or who otherwise do not qualify for bank loan financing. In addition to not requiring credit scores, there is no collateral required.
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