One of the best tax benefits for small businesses owners just got a whole lot better
One of the best tax benefits for small businesses owners just got a whole lot better. The federal government provides a significant tax deduction for small businesses that lets owners take advantage of investments in capital expenses, and this year they made the deduction permanent with the recent passage of the 2009-page omnibus spending bill. […]
Getting a business loan in times of need
Spreading the word that you’re considering a loan for your business can be met with all kinds of opinions. From general naysayers to cautionary anecdotes, everyone you meet will have a story as to what might happen if you take out a loan to start or expand your business venture. While it’s true that not […]
How Alternative Business Loans work for today’s Small Business
Working Capital Loan Premier Business Lending provides needed capital for small businesses to help them maintain and keep their business growing. Whether it’s for payroll, inventory, supplies or expansion small business funding can get you the capital you need in days. While a traditional bank loan may be more cost effective, almost 85% of small […]
The Basics of Leasing Business Equipment
From computers and heavy machinery to complete offices, it is possible to lease almost anything for your business. Leasing business equipment can provide a lifeline for cash‐strapped businesses in need of the tools of the trade. The Basics How to get it: Equipment leasing is basically a business loan in which the lender buys and owns […]
How to Choose an Alternative Business Loan
If your small business is like most, you operate on a very tight budget and may need additional funds in order to take advantage of an opportunity that helps your business grow. If your business is a startup or doesn’t quite meet the bank’s requirements for a conventional loan, an alternative business loan may be […]
The Growing World of Alternative Small Business Lending
These days there’s nothing traditional about small business financing. You see, the credit crunch of 2008 created a lending gap: Traditional banks want to loan a half-million dollars or more, but most small businesses only need $250,000 or less. Traditional lenders rarely look twice at a small business any more, and when they do, only […]
Alternative Lending: When is it a Right Fit for You, and When is it Not?
You don’t have to walk into your local bank to a get a small-business loan these days. Alternative lending options are just a few computer keystrokes away. And they’re becoming more popular. Online lenders, which offer the most common forms of alternative lending, approved 71% of the loan applications they received from small-business borrowers last […]
Why Traditional Banks are No Longer Lending to Small Businesses
Remember the days when you’d need funding to start or grow your business, and you’d get in your car and head down to the bank on the corner? You knew your banker personally, perhaps even had kids in the same class at school, or would often see them at your favorite local restaurant. This personal […]
9 Regulatory Changes That Could Affect Your Business This Year
With another year, comes another set of laws and regulatory issues that businesses need to be aware of. In 2016, many issues affecting the regulatory landscape revolve around employee pay. Changes to overtime rules and paid sick leave, as well as increased minimum wages are all issues businesses need to stay on top of this […]
How Alternative Lending Has Helped The US Economy And How It Works
According to the Small Business Administration, more than half of Americans own or work for a small business. In fact, small businesses create about two out of every three new jobs in the United States each year, making them an integral part of our economy. Despite this importance, many small businesses continue to have a […]