While financing is a constant concern for small business owners, they now face a lending landscape that is far different—and more diverse—than the one that existed before the economic downturn.
For those businesses that do not qualify for traditional bank loans or for those that want to stay away from banks - especially those that have a strong, growing customer base and need working capital to support that growth – there will still be a robust financing market for alternative loans. These alternative loans are actually changing by the day to better serve the needs of their small business customers.
Did you know that you can use your retirement funds to start or purchase a business – tax deferred and penalty free?
Designed for start-up and existing businesses.
Finances fixed assets for small firms and plays a key role in creating and retaining jobs.
Provides small and medium-sized businesses with fast working capital. With a cash advance, your future credit card sales are purchased in order to advance you a sum of money. Unlike a loan, it does not require any collateral or personal guarantee.
An affordable way to acquire equipment quickly without huge out-of-pocket expenses.
So, to the question: Can your company get a business loan in 2013? The answer is yes – but, the business loan might not come from the source that you thought it would. However, in the end, it is not really about the money but what you and your small business can actually achieve with it.