by Ernest Brown | Jun 28, 2016 | Loans
Hard money loans are property loans designed for rapid availability, which allows borrowers to either take advantage of an emerging opportunity or protect themselves from a pending problem. Hard money loans almost always apply to commercial property, and allow...
by Ernest Brown | Jun 28, 2016 | Alternative Financing, Factoring, Loans, Receivables Financing
People who are owed money or are receiving payments from clients can often access large payouts immediately instead of waiting to get paid. And why not? After all, it’s their money! The most basic ways to bill for services is either through an invoice or accounts...
by Ernest Brown | Jun 28, 2016 | Deal of the Month, Loans, Money $marts Food For Thought
Having won a state contract with the Department of Natural Resources, a contractor whose business had slowed down was suddenly confronted with a good problem: Contracts. The only tough part was that his bank lines had been curtailed with the economic slow down...
by Ernest Brown | Jun 28, 2016 | Deal of the Month, Loans
Calling us first we suggested that he speak with the bank but his first attempt with the bank was the answer we predicted: They had done as much as they could and his loan was new … so he would have to wait. His return call prompted us to meet with his bank and...
by Ernest Brown | Jun 28, 2016 | Loans
I often joke with my banking friends, “The only time you lend money is when a business doesn’t need it because if they show that they need it you won’t lend to them.” This isn’t totally true but more often than not it seems that way. Doesn’t it? What is important in...
by Ernest Brown | Jun 28, 2016 | Alternative Financing, Asset Based Lending, Loans
We live in this world. Business owners and people in difficult situations come to us and their question is the same: “So now what?” First? Figure out why – because it may be simpler than you think! Did you apply to the wrong lender? Were you...
