Archive for November, 2013

Looking for a Business Equipment Loan?

Written by admin on November 21, 2013. Posted in Financing, Restaurant business loans, Restaurant loans start up

Cash flow solutions

Small businesses are often faced with financial challenges that only loans can solve. In 2012, three major reasons were cited by businesses seeking loans: cash flow, reserve funds, and inventory purchase. About 63% took out loans for cash flow purchases, 23% did so because of poor sales, and 38% needed them to maintain inventory. Another 49% of small business owners said that they use their own personal credit to finance their businesses. There’s no two ways around the fact that running a business is expensive. Equipment can especially add up, prompting a number of business owners to seek business equipment loans. These types of small business loans c