11Mar, 2019
    When Should a Business Choose to Expand?

    If you’re wondering how to fund the expansion of your business, Small Business (SBA) loans and Lines of Credit are pretty good options because the rates are very affordable, and the terms are very favorable — allowing the borrower to pay back the debt with comfort.  SBA loans are government backed to help reassure the security of your loan.

    • Need facilities: A common reason for business expansion is when a company outgrows their current operating facility or supporting networks.
    • Need equipment: As business growth ramps-up, so does the need for modern and fully-functioning equipment or machinery to help keep up with orders.
    • Hire employees: As your business grows, the reliance on quality workers to support the growth is crucial, as well as the need to hire new workers to help the company with production and marketing.
    • Working capital: When you find yourself reinvesting in larger facilities, equipment, marketing, hiring, etc. you may find that your liabilities begin to outweigh your income. During those times it may be crucial to obtain working capital financing.
    • Marketing: As with all businesses, if you have a great product or service but no one knows about it, you won’t make much money. Therefore it takes money to make money.  Investing in marketing to help grow your business grow is absolutely necessary.
    • Purchase inventory: As your business grows, the need for adequate inventory is crucial. Making sure your product is always in-stock is extremely important.

    We provide lending options for those individuals seeking to expand their business operations.  Your success is our goal!!

    9Sep, 2018
    Resurgence Commercial Real Estate & New Construction Loans
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    We are seeing a resurgence of commercial real estate projects & new construction loans especially in multifamily housing.  Of course people fear another housing meltdown like 2008, but not to worry!

    According to a national economist last week, the current demand for housing is actually that…a demand. Unlike our experience in 2008, where the demand was actually the housing bubble and ultimately the housing crash. The inflated prices from 2006/7 were unsustainable. Today, however, the economy is doing well and unemployment is at an all time low.  Those two influences are determining factors of true demand.  Additionally, the demand for luxury housing is up. So some of those commercial real estate projects that were sitting on the back burner in 2010, are now resurfacing causing the resurgence of commercial real estate project and new construction loans. This is great news for the local communities.

    However, we understand that several developers and contractors were hurt by the down turn and their financial picture still looks bleak. Having lived through it myself, I remember the toll it took on everyone, personally, emotionally, and financially. That’s why we work with developers and contractors to pencil in the numbers and search for the best loans to meet your needs.  Of course it is up to us to create the most successful strategy to present to different lenders. Then we create hungry lenders willing to work with you to complete your project.

    Sign up for a free consultation, and Let’s get those projects done!

    22Aug, 2018
    Now Available! ‘How To Get The Best Loan For A Small Business’ E-Report
    Your Free Report! Your Free Report!

    The lending landscape has changed drastically in recent years, putting you, the business owner at a disadvantage.  Small businesses are not always able to get approved for a loan at the local bank, regardless of how great the relationship is.  Despite the rise of alternative lenders online, it can be tricky to land a small business loan.  Even if you’re a solid candidate, you might not be the right candidate for a certain lender.  Let’s face it…lending standards have changed.  At Business Loan Solutions, we understand that you are busy, and may not have time to search for the best loan, know where or how to start the process, or not exactly have all your ducks in a row.  That’s why we are here to help you achieve your goals.

    We prepared this 10-page report to help you begin to feel comfortable with starting the loan process by arming you with knowledge and gain confidence to get ready for growth.  We gathered information collected from the web and added best practices that will help you get the best loan for your small business.

    Contact us for your FREE copy today!