The Most Overlooked Source of Funding for Real Estate and Small Businesses

The Most Overlooked Source of Funding for Real Estate and Small Businesses

Most new entrepreneurs attempt to search for checkbook credit extensions or SBA advances. While these are substantial decisions, the issue with these sorts of advances is that they require a great individual FICO assessment more often than not inside 760 or more, and also a set up business with great income consistently. So in case you're another business, notwithstanding when you have a magnificent FICO rating you will even now not qualify. 

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Top Reasons to Apply for Alternative Financing Instead of Bank Loans

Top Reasons to Apply for Alternative Financing Instead of Bank Loans

At customary banks, little business credits are hard to get. The down economy of late years has fixed credit and developed application courses of events. As per the Wall Street Journal, banks' decrease rates are around 80% and this measurement has brought about numerous organizations to search somewhere else for their business financing. 

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A New Age of Business Funding

A New Age of Business Funding

Both new and well-established businesses could always use extra working capital, and the most conventional method for getting that money is through a loan. However, many local bank offices – and even the national banks, decline most loan applications for many reasons. For established businesses, the amount requested often exceeds the limits the bank can lend, or the type of loan falls outside of the bank’s operating restrictions. 

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Alternative?

Alternative?

While alternative loans may sometimes have higher interest rates than traditional bank loans, they fill the gap for small businesses everywhere, providing much needed funding for cash-strapped businesses that have been unable to obtain a loan or line of credit from traditional banks, thereby giving the business owner the opportunity to invest back into the business, manage cash flow and continue to operate for years to come. 

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MCA: Do You Actually Know What You’re Selling?

MCA: Do You Actually Know What You’re Selling?

 as the sales consultant, you should be a valued source of business advantage for your client, rather than just a person that goes through a series of sales material regurgitation. You should have access to products, services, platforms, big data, knowledge, key players, new solutions, forecasts, trends, etc., that the merchant does not have access to, which allows them to see you as a “valued extension” of their organization. This leads to not just new client acquisition, but the real key to making money in our space, and that’s client longevity.

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