Blog posts tagged with "Service Business Loans"

Our Guide to the SBA 7(a) Small Loan

June 07, 2021
The Small Business Administration (SBA) 7(a) Small Loan is a loan program designed to assist U.S. small businesses.

Fora Financial Announces New Senior Credit Facility

April 05, 2021
Fora Financial, a leading provider of flexible working capital to small- and medium-sized businesses nationwide, announced today the closing of a $100 million revolving credit facility with Credit Suisse and Hudson Cove Capital Management. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the debt facility, which will give the company up to $150 million of borrowing capacity over the next two years.

Alternatives to Bank Lending: 7 Other Options

March 24, 2021
All businesses need capital. The ideal means of obtaining capital is through a business’s core operations that generate revenue.

Why You Should Invest in Your Daycare Business

March 17, 2021
As a daycare center owner, your main goal is to care for children and provide them with the best experience possible. To achieve this, you should be constantly coming up with new ideas that will keep your students and their parents satisfied. Sadly, affording these costs can be challenging, even if your daycare business is flourishing.

Are Business Loan Approvals Based on Personal Credit?

February 25, 2021
If you’re a small business owner, your personal credit will affect your ability to get approved for a business loan.

The Ultimate Guide to Hair Salon Financing

February 15, 2021
In the United States, the hair salon market is worth $47.1 billion. Clearly, the opportunity for financial success is there, but only if you have the funds to capitalize on it — which is what makes hair salon financing so important.

4 Reasons to Consider a Second Draw PPP Loan

February 09, 2021
While they weren’t without controversy, Paycheck Protection Program (PPP) loans helped many small businesses that were struggling due to the COVID-19 pandemic. However, once the money ran out, millions of other small business owners remained in need of financing to sustain their operations.

How to Utilize Hotel Financing

September 27, 2019
With more than 52,000 hotels in the U.S., it is pivotal to make your hotel stand out as much as possible. Unfortunately, it can be challenging to afford updates that will make your existing hotel an attractive, relaxing place to stay. That’s why many business owners in the hospitality industry turn to hotel financing so that they can afford making renovations to their establishment.

How to Use a Loan to Improve Your Salon Business Plan

August 22, 2019
When patrons visit your salon or spa, they want to be pampered. There’s no room for broken equipment, poor service, or lackluster interiors. If your salon isn’t up to standards, customers will likely check out your competitors instead.

How to Use a HVAC Business Loan

June 21, 2019
Are you celebrating National HVAC Tech Day on June 22nd? If so, it’s a good time to consider your HVAC business’s future. What goals do you want to achieve? How can you improve your HVAC company’s bottom line?