A Merchant Cash Advance is a type of funding that is not a loan. It is a purchase of a fixed dollar amount of a business's future credit and debit card receivables. The Merchant Cash Advance provider purchases a specified dollar amount of your business' future debit and credit card sales at a discount.

Fresno, CA -- (SBWIRE) -- 01/11/2016 -- What is a Merchant Cash Advance? A Merchant Cash Advance is a type of funding that is not a loan. It is a purchase of a fixed dollar amount of a business's future credit and debit card receivables. The Merchant Cash Advance provider purchases a specified dollar amount of your business' future debit and credit card sales at a discount. Your business, instead of paying one large fixed monthly payment until a set maturity date like a loan, remits a fixed percentage of its daily debit and credit card revenue automatically until the specified amount of purchased receivables is remitted in full to the MCA provider.

Advantages of a Merchant Cash Advance

We don't need a stellar credit history to qualify.

Cash-flow friendly! Your business remits less on slow days and more on busy days to keep cash-flows smooth.

We don't have to worry about fixed monthly payments during tough times, and there is no set maturity date. This enables your business to be more flexible financially while fully funding all of its operations.

The remittances are automatic and don't require you to write any checks.

Getting a Merchant Cash Advance is faster and easier than obtaining a traditional loan, making your much needed capital more accessible when you need it quickly.

Why choose a Merchant Cash Advance over other sources of capital?

Are you low on cash and need working capital to fund operations quickly? Don't want the fixed monthly payment of a traditional business loan? A Merchant Cash Advance from Biz4loans is the perfect solution for your business funding needs. A Merchant Cash Advance is an excellent way to access working capital in a "cash-flow friendly" way by making daily remittances.

With government bringing strict regulations on banks for lending money, it has been difficult for the entrepreneurs to manage, capital for their businesses. There are always alternatives for things and there comes a smooth alternative path for the business people and that is merchant cash advance.

Now a big question arises on whether merchant cash advance is right for your business or not. Like everything else, businesses are also required to put on those energy, effort as well as education. So let's see the things that are related with this new lending option and watch out how it shapes the whole funding process.

How it is different from others

A team at Deals lands has done lot of research on the same and found that the process of merchant cash advance is unique from others. In case of the most lending processes, it comprises of strict regulations and a lengthy process. Things are different with merchant cash advance.

When it comes to MCA providers, they state that there has been an increased number of approval rates due to the absence of proof for perfect credit or any form of personal collateral. Moreover, you will get the funds in less than a week's time. Apart from that, unlike other form of loans, here repayment starts to works along with the business flow.

Situation assessment

Overcoming Overload

Apart from the perks that merchant cash advance provides, it is expensive compared to the other form of loans. Suppose if you have taken a merchant cash advance for $10,000 then you may end up paying $12,500 back. In most of the cases, the lenders do not feel that as heavy as the normal scheduled EMIs, as, here you will be paying it back daily, in a very little amounts. Here you can decide the credit card share and that too will be paid off easily, if you go on for night batches.

When it comes to merchant cash advance, they are not at all suited for the businesses which are sinking. They are helpful to increase the income of your business. The businesses which are having continuous sales will find this quick money good as they can support the window from starting to end. Most of the cases, merchant cash advance is fulfilled in a time period of a year.

Make investments

For any growing business, merchant cash advance is the best option. In most of the cases, banks tend to keep a distance from the businesses that are not making profit for years. Things are different with merchant cash advance, as here they understand the business and knows that growing businesses needs investment for better growth.

So you can use the money as an investment for the business. You can use the money to renovate the business, for a marketing campaign, to hire new employees, for buying inventory, etc. The best part about these funds is that you can spend them the way you want and the decision for the same is completely on you. It is a fact that, if you properly use the investment to make your soil fertile, you are bound to reap super growth.

Homework a little bit

There has been an increased popularity of merchant cash advance lately, which has increased the number of lenders. So you need to do a little homework to know which lender is perfect for your business. It is better to look for known lenders who has experience of many years and has even worked with people from the same industry.

It is necessary to go for the lenders who work in your interest. Beware of the lenders who pressurize you to take more than what you need. Make sure you know all the terms and conditions of the process before taking the money. When it comes to lenders, the right one will always guide you on the right path and will help you on the every step of the process.

Discover how a Merchant Cash Advance from Biz4loans can help grow your small business by submitting an online application. Get more Merchant Cash Advance information, today!

Get up-front working capital for your business

Our Merchant Cash Advance can help your business reach its full potential. These MCAs require no personal collateral and can get your small business the working capital it demands, fast. Get started on your online Merchant Cash Advance application to see why thousands of small businesses before you have trusted Biz4loans for their business growth needs.

Small businesses competing in a volatile market need immediate access to working capital. Restaurants rely on merchant cash advance financing to anticipate market shifts and act on opportunities as they arise.

About Biz4Loans Merchant Cash Advance
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " –Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entrepreneurs face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles.

Growing the Business Community commercial loan brokers. Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes. Visit today at http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Restaurants take advantage of merchant cash advance (MCA) financing more than any other business, according to leading MCA providers. Its not difficult to see why: food service businesses are particularly well positioned to take advantage of the MCA product. Restaurant owners rely on quick access to working capital to respond quickly to market shifts and invest in the growth of their business.

Fresno, CA -- (SBWIRE) -- 01/04/2016 -- As an alternative to other business financing options, business owners oftentimes turn to merchant cash advances when they need to infuse some quick cash into their companies. Basically, a merchant cash advance is not a loan. It is the sale of a percentage of a company's future credit and/or debit card sales. As a result, companies that provide these cash advances are not typically bound by the usury laws of the state that they are located in. Those laws limit banks and lenders from charging excessive or usurious interest rates.

Merchant cash advances were originally set up in the form of a lump sum payment in exchange for a percentage of the company's future credit and/or debit card sales. However, the terminology now applies to a number of financing options geared to smaller businesses that need shorter payment terms and smaller monthly payments. These factors are not commonly associated with the more traditional financing and loan options that are currently available. The term "merchant cash advance" is also used to describe receivables and revenue factoring as well as short-term business financing and lending.

The Benefits of Merchant Cash Advance Funding

Financing is one of the most crucial aspects of starting up a business and there are a number of options that are currently available to aspiring entrepreneurs. One such option is the merchant cash advance and it is one of the best ways for you to obtain anything and everything necessary to starting up your business. Based on the fact that you can get the funding you need to expand or start up a business, it is similar to a small business loan.

However, the key difference between a merchant cash advance and a small business loan is that the latter requires collateral in order to secure it whereas a cash advance is unsecured. Unlike the more traditional business loans, the merchant cash advance is based entirely on that company's cash flow. The primary benefits of this type of funding include:

No demands for equity ownership shares in the company
No investigation of you and your company is required

It is the cash flow that is generated from your credit and debit card sales that merchant cash advance approvals are based on.

Restaurant Financing On Time

Restaurants are on the frontlines of the service sector, subject to the changing tides of consumer demand. Survival in the volatile food service industry depends on agility. The ability to seize opportunities and evolve with the times distinguishes the perennial dining favorite from the fleeting hot spot. Merchant cash advances help restaurant owners keep pace with the marketplace by anticipating emerging trends and tastes.

Instant access to working capital enables restaurateurs to:

Invest in new equipment, from kitchen appliances to computer systems and beyond
Update restaurant decor or design
Take advantage of limited-time offers and volume discounts from suppliers
Establish a new location
Ramp up capacity in response to an upswing in demand
Host a promotional event
Marketing and advertising campaigns
Ride out a slow period
Fast financing enables restaurant owners to stay on their toes and keep their tables filled to capacity.
Why the Merchant Cash Advance Works for Restaurants

Merchant cash advance companies offer restaurants quick and easy access to the business funding they need to stay competitive. The CEO of a leading MCA company sums up the value of this type of restaurant financing: "merchant cash advances are an especially great option for restaurant merchants, not only because these types of businesses can hardly be funded by the traditional bank, but also because of the immediate liquidity and simple process."

Low bar to entry. MCAs are more likely than banks to accept restaurant financing applicants. Banks generally consider food service a "high-risk" industry. To qualify for a commercial loan, restaurant owners may have to provide collateral or demonstrate strong credit. Newer restaurants typically have trouble meeting commercial lender credit qualifications. Merchant cash advances offer financing without collateral or credit requirements. Applications are evaluated based on past credit card receipts and a minimum time in business (often under a year).

Quick turnaround. Traditional small business bank loans can take several months to clear, if the applicant qualifies at all. Merchant cash advances typically take two weeks to clear.

Easy application process. Few restaurant proprietors have the time or financial expertise to negotiate lengthy business loan applications. A merchant cash advance features a straightforward application process. MCA companies typically ask for a report of previous months credit card receipts.

Revenue-based repayment. Restaurants are subject to a continual ebb and flow of business volume, based on seasonal shifts, trends, and many other factors. While small business loans require a fixed interest and repayment schedule, the merchant cash advance payment is calculated as a portion of credit card sales. The MCA company effectively buys a monthly percentage of future credit card receipts. If the restaurant has a slow month, the MCA payment amount decreases proportionately.

Small businesses competing in a volatile market need immediate access to working capital. Restaurants rely on merchant cash advance financing to anticipate market shifts and act on opportunities as they arise.

About Biz4Loans Merchant Cash Advance
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " –Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entrepreneurs face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles.

Growing the Business Community commercial loan brokers. Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Small Business Term Loans Vs. Merchant Cash Advance: Which is Best? What are the pros and cons of both.

Fresno, CA -- (SBWIRE) -- 12/08/2015 -- Biz4loans a Fresno based Small Business Financing company gives insights into Pros and Cons of Merchant Cash Advance and Small Business Loans.

A Merchant Cash Advance is a fast and easy way to get small-business financing. In fact, it may be too fast and easy. Rather than quickly opting for an Merchant Cash Advance, you should pause to consider whether a Merchant Cash Advance is your best — or only — option.

A Merchant Cash Advance is not a loan but an advance against future credit and debit card sales. You pay it back daily by sending a set percentage of that day's card sales directly to the lender. The annual percentage rate is 70% to 350%, much higher than small-business loans from banks or online lenders.

And if you're not careful, one Merchant Cash Advance can lead to another and another, creating a debt spiral that can be hard to stop.

The Merchant Cash Advance dilemma: speed vs. cost

Merchant Cash Advance providers stress the convenience and speed. Biz4loans, a leading provider of Merchant Cash Advances, says the financing is "cash-flow friendly."

"You don't have to worry about fixed monthly payments during tough times, and there is no set maturity date," the company says.

The flexible repayment does make Merchant Cash Advances an attractive option for some small-business owners, says Shruti Negi, Sr Marketing Manager of Biz4loans, which helps entrepreneurs set up a small businesses.

"The cash advance traditionally fluctuates directly with the merchant's sales volumes," she tells "This gives a business owner flexibility with which to manage their cash flow, particularly during a slow season. When business is slow, the money withdrawn decreases, and increases during busier times."

But that convenience, other experts tell Biz4loans, is offset by a potentially huge risk: If you don't plan ahead, a Merchant Cash Advance could lead you into a debt trap.

"While they are fast and easily accessible, their short, short duration and very high effective rates drive many small businesses into downward cycles of re-borrowing," Pradeep Bali , founder of online lender Biz4loans. "They take out more and more debt to roll over their repayment obligations."

The comparison between the two can be given as follows:

Merchant Cash Advance vs. Bank Business Loan

Like a bank loan, a merchant cash advance provides a lump sum of money when your business needs capital.

But the financing alternative is technically not a loan.

Why?

Merchant cash advance providers are not subject to the state and federal regulations that apply to banks. Rather than making loans, merchant cash advance providers purchase future receivables at a discount. You give the discount in exchange for the quick access to cash. In subsequent months, every time you make a credit card sale, a portion of the revenue is forwarded to the provider until the entire amount has been repaid.

Merchant Cash Advances and Bank Loans: How They Differ

Here are other ways in which a merchant cash advance differs from a bank loan:

Less paperwork. The process of getting a merchant cash advance is quicker and far less onerous than a bank loan. Typically you get cash in less than a week.Higher approval rates. You must show a track record of debit or credit card receivables to qualify. Many business that cant qualify for a commercial loan can qualify for a merchant cash advance.No collateral. You do not have to put your assets, such as your home, on the line as collateral for a merchant cash advance.No use restrictions. You can use the money any way you choose.

No fixed payback schedule. You repay the cash advance according to your sales. If business is down, your repayment slows.Merchant Cash Advances Pros and Cons

Critics note that merchant cash advances are more expensive than bank loans. Yet in today's tightened credit market, commercial bank loans and credit lines are difficult to come by, especially for small retail businesses and restaurants. Merchant cash advances are sometimes the only alternatives for businesses to solve cash flow problems or get the money they need to expand.

About Biz4Loans Merchant Cash Advance
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entrepreneurs face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles.

Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

A Merchant Cash Advance is a short-term advance of funds against a business’s receivables. To pay it back, a fixed debit, or in the case of some companies, a percentage, is taken directly off each sale daily or weekly. The Merchant Cash Advance business is a whole new industry that is booming, mainly because bank lending criteria have become so tight since the Great Recession that very few small businesses are able to qualify for bank loans.

Fresno, CA -- (SBWIRE) -- 12/03/2015 -- Biz4loans is a Fresno California based Business Finance Company. Sometimes a cash advance is genuinely necessary, but it's important to know when to pull the trigger, and when not to. Whether the cash advance comes from a credit card or a Merchant Cash Advance, this facility is best used as a stopgap when there's an expected increase in revenue. For example, if you're a contractor and, in order to win a bid on a $500K job, you need to have upfront money for materials and labor. Or you're opening a retail location and need to buy inventory.

There are countless other examples that a small business owner needs capital to create growth: a new restaurant needs funds for inventory or salaries, a florist brought in last minute to create arrangements for a massive event, a dentist or doctor buying a piece of equipment and is able to get a new income stream from the diagnostic tests.

These are all examples where an increase in income is anticipated. Business is basically good and growing, even amid a bumpy and unpredictable cash flow, but you can't fund the capital outlay with your working capital. When the business needs the funds short-term to generate more revenue or cash flow it makes sense to take a short-term advance to secure that business growth.

You see these enticing offers: no paperwork, five-minute application, borrow up to $100K. Yes, $100K right now could solve a lot of problems. But the rule of thumb is that unless you're using it to generate the new income stream that pays back the advance, it could create bigger problems than it solves. More succinctly stated: don't use this instrument to fill a hole that creates an even bigger one.

To decide whether or not to take one, ask yourself these questions:

Will this help me win more business?

Will this help me grow my business?

Will this enable me to buy a new piece of equipment that generates cash?

Do I absolutely need the money right away?

And in terms of your ability to pay it back:

Can I generate the sales I need, so that I won't feel it when a percentage (or fixed sum) is taken out of every credit card swipe?

Can I pay my other bills if I'm losing a percentage (or fixed sum) off the top of my sales?

- How long can I go without missing this percentage or fixed sum being taken off each sale I make. Am I reasonably sure I can go the entire length of the expected payback period?

Do I put through a high volume of credit card transactions?

The price of a cash advance is significant. The cost of funds could be anything from 20 Percent to 40 percent on the advance, depending on your credit score and other risk factors. However, this is offset by the fact that the instrument provides some real, tangible advantages to small businesses – the application process is simple, funding decisions are made quickly, you'll receive the funds in hours or days, not weeks.

Moreover, and you can still get funded at a range of credit scores, starting in the low 500s if other mitigating factors check out. In addition, payback is incremental, so the cost of funds is not so keenly felt. Payments are automatic, there are no checks to write, you don't have to remember to remit a payment. And with some Merchant Cash Advance firms, there is transparency in the form of daily reporting, daily ledger and history. Also, there's a huge difference between taking an advance and, say, using a factoring service, where the factor lays claim to all the receivables, and you receive "what's yours" after the factoring company has been paid "what's theirs."

There are many providers of merchant cash advances, so you should perform your due diligence. Try to avoid hidden costs. If you use a broker, make sure they don't charge you -- your best bet is to go through a direct funder or a broker that is paid by a direct funder. You should also look for flexibility in the payback terms in terms of weekly vs. daily remittances, fixed daily debit; and some funders offer fixed gross percentage, so that payback can be more flexible and based on your cash flow levels.

Bottom line, if you're generating enough cash, and with the right volume of increased sales, this financial tool can make good sense. But you have to be sharp and informed to use it successfully.

About Biz4Loans Merchant Cash Advance
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles.

Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

A Merchant Cash Advance is a short-term advance of funds against a business’s receivables.

Fresno, CA -- (SBWIRE) -- 06/30/2015 -- A Merchant Cash Advance is a short-term advance of funds against a business's receivables. To pay it back, a fixed debit, or in the case of some companies, a percentage, is taken directly off each sale daily or weekly. The Merchant Cash Advance business is a whole new industry that is booming, mainly because bank lending criteria have become so tight since the Great Recession that very few small businesses are able to qualify for bank loans.

Sometimes a cash advance is genuinely necessary, but it's important to know when to pull the trigger, and when not to. Whether the cash advance comes from a credit card or a Merchant Cash Advance, this facility is best used as a stopgap when there's an expected increase in revenue. For example, if you're a contractor and, in order to win a bid on a $500K job, you need to have upfront money for materials and labor. Or you're opening a retail location and need to buy inventory.

There are countless other examples that a small business owner needs capital to create growth: a new restaurant needs funds for inventory or salaries, a florist brought in last minute to create arrangements for a massive event, a dentist or doctor buying a piece of equipment and is able to get a new income stream from the diagnostic tests.

These are all examples where an increase in income is anticipated. Business is basically good and growing, even amid a bumpy and unpredictable cash flow, but you can't fund the capital outlay with your working capital. When the business needs the funds short-term to generate more revenue or cash flow it makes sense to take a short-term advance to secure that business growth.

You see these enticing offers: no paperwork, five-minute application, borrow up to $100K. Yes, $100K right now could solve a lot of problems. But the rule of thumb is that unless you're using it to generate the new income stream that pays back the advance, it could create bigger problems than it solves. More succinctly stated: don't use this instrument to fill a hole that creates an even bigger one.

The price of a cash advance is significant. The cost of funds could be anything from 20 Percent to 40 percent on the advance, depending on your credit score and other risk factors. However, this is offset by the fact that the instrument provides some real, tangible advantages to small businesses – the application process is simple, funding decisions are made quickly, you'll receive the funds in hours or days, not weeks.

Moreover, and you can still get funded at a range of credit scores, starting in the low 500s if other mitigating factors check out. In addition, payback is incremental, so the cost of funds is not so keenly felt. Payments are automatic, there are no checks to write, you don't have to remember to remit a payment. And with some Merchant Cash Advance firms, there is transparency in the form of daily reporting, daily ledger and history. Also, there's a huge difference between taking an advance and, say, using a factoring service, where the factor lays claim to all the receivables, and you receive "what's yours" after the factoring company has been paid "what's theirs."

There are many providers of merchant cash advances, so you should perform your due diligence. Try to avoid hidden costs. If you use a broker, make sure they don't charge you -- your best bet is to go through a direct funder or a broker that is paid by a direct funder. You should also look for flexibility in the payback terms in terms of weekly vs. daily remittances, fixed daily debit; and some funders offer fixed gross percentage, so that payback can be more flexible and based on your cash flow levels.

Bottom line, if you're generating enough cash, and with the right volume of increased sales, this financial tool can make good sense. But you have to be sharp and informed to use it successfully.

About Biz4Loans Merchant Cash Advance
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes. http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Biz4loans offers alternative working capital options through the use of merchant cash advances for small business owners.

Fresno, CA -- (SBWIRE) -- 06/02/2015 -- 2015 is a new year that comes with many financial working capital questions and concerns for small business owners. Biz4Loans's Business Cash Advance recognizes the new economic times that we live in and the need for alternative types of business capital loans that are required for doing business.

A credit card cash advance is a business cash advance based upon the future receivables of a business. There are many business owners seeking the money, to expand, pay current bills, needed promotional marketing costs or to make opportunistic buys. The beauty of of this advance is that when your business is busy the advance gets paid back sooner and when sales are slow it is paid back slower. This means that there are no fixed payments. This type of merchant cash advance is beneficial to merchants as the money is collected through the merchant accounts batches every night. Many times the merchant will choose to switch over their current credit card processing services to Biz4Loans Merchant Services for the purpose of one stop services and support. Biz4Loans can usually lower the merchants' rates right away when utilizing both services thus creating a win-win working relationship. Biz4Loans believes in treating their customers' the right way, with the right services for their individually specific business needs.

Some business merchants automatically assume that a merchant cash advance for business will be too expensive, but in actuality the issue of focus should be on how the money advanced will be used? If you spend $5,000, but make $15,000, then you come out $10,000 ahead. If a merchant does not take the opportunity to grow their business they run the risk of being dated and left behind, thus making it even easier for the competition to put them out of business.

The qualification process for the credit card cash advance is quite simple. In order to reduce the cost of a merchant cash advance, one can provide all the necessary documentation upfront. This ensures that there is a clear picture and understanding of the specific business industry. Common documentation for this type of business capital loan is the companies' tax returns, profit and loss statements, and balance sheets. One will want to provide good reasons why paying the business cash advance will be a good return of investment for the merchant lending bank. If one's company is driven by seasonal efforts, then providing one year of merchant statements can demonstrate the high and low volume months to the bank for proper payment adjustments.

About Biz4Loans Merchant Cash Advance
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes. http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

With the loonie hovering around $0.90 (U.S.), a report by CIBC suggests small businesses in Canada are best-positioned to benefit from U.S. growth and to serve as our nation’s growth engine over the next five years.

Fresno, CA -- (SBWIRE) -- 11/14/2014 -- But despite an advantage over larger firms in this respect, small businesses face a number of challenges that go beyond the currency market and even taxation. Among these concerns are greater susceptibility to internal power struggles, concerns over succession planning, cash-flow issues, trouble handling excessive regulations, and inability to accurately valuate one's business.

1. Family-run encounter more conflict in the workplace. It's not necessarily due to a greater degree of friction, but rather, because it's easier to criticize your boss when he or she is your mother, brother or uncle.

Paul MacDonald, executive director of The Canadian Association of Family Enterprise's (CAFE), argues that, despite personal issues, family-run businesses enjoy an advantage over publicly held firms. Mr. MacDonald's belief – that family businesses are more competitive in the long term – is supported by a recent study highlighted in a Harvard Business Review (HBR) article titled, "What You Can Learn from Family Business."

Findings from this study show that ownership structure give family businesses a long-term orientation unmatched by rival public companies. To this end, the report concludes that a tendency toward frugality (in both good times and bad) is a major benefit that plays in their favour.

2. Small businesses grapple with succession planning. Whether family-owned or not, the future of small business is in question with reports that less than a quarter of small business owners have a formal succession plan, while still some experts suggest that the number could be as low as nine per cent. Perhaps even more surprising, a Canadian Federation of Independent Business (CFIB) report from 2012 claims that informal succession plans exist in only 40 per cent of Canadian small businesses.

3. Small business owners aren't ready to sell. Many owners will inevitably decide that cashing in will offer the best return on their investment. And yet, for some reason, when it comes to privately-owned businesses, the majority are perfectly content not knowing the value of their business. Lou Celli, a partner at Grant Thornton LLP, wants to know why. "The problem," says Mr. Celli, "is that business owners cannot predict when the day they have to sell their business will come."

Whether it's a global competitor knocking on your door asking 'how much do you want?' or an unfortunate health issue that forces an owner to make an untimely decision, the future is uncertain. That's why Mr. Celli insists that business owners need to start preparing now, and be ready to sell at any time, and he explains why.

"If you are preparing to sell a home, the first thing you do is fix up the landscaping and add a coat of fresh paint to the kitchen and bathroom. Likewise, when you are getting ready to sell a business you'll want to improve the appearance of your track record in order to maximize the value you receive for all you have invested over the years. Ideally you'd like to have at least three years of solid financials, and sell when your neighbourhood is hot, but you also need to tidy up your balance sheet, which could mean moving around certain assets or removing bad debt," says Mr. Celli.

4. Small businesses lack access to funding for growth. Year after year, owners listed access to funding as one of their most formidable concerns facing the future of their businesses. While it's not the government's responsibility to gift businesses with success, or even to create jobs, it is the their responsibility to make sure that innovative, growing businesses have access to capital as well as adequate infrastructure to accelerate their growth.

"Too often small businesses, especially those in key sectors like advanced manufacturing, agriculture, and food processing, overlook many of the lucrative funding opportunities available through provincial and federal levels of government," says Bernadeen McLeod, president and founder of Mentor Works Ltd., a firm that specializes on helping small to mid-size businesses overcome obstacles to growth through leveraging of government grants and loans.

Hundreds of small business grants and loans programs exist to help businesses expand, subsidize hiring, and allow firms to take part in projects and activities proven to increase global competitiveness. Ms. McLeod works with dozens of not-for-profit organizations and business service firms to offer free educational workshops and webinars for established small to mid-sized businesses across USA. Businesses should be using funding as a cash flow planning tool. By leveraging government grants and loans for business, they gain access to improved cash, accelerating the execution of strategic plans and thus enhancing their business growth capabilities.

5. Small businesses struggle with regulations. One third of business owners are bothered by government regulations to the point that they insist they would sooner have not gone into business in the first place. This is according to a survey conducted by the CFIB, which provides council to owners dealing with obstacles to running their businesses in USA, and lobbies to the government on their behalf. Recently, in part due to lobbying by the CFIB on behalf of Canadian businesses, the federal government enacted a "one in, one out rule" that sees one regulation removed for each regulation added. "It's a good start," says Laura Jones, executive vice-president of CFIB. In addition to these issues, the organization is also lobbying against the proposed pension increases in Ontario, as well as in the interest of removing barriers to trade across provinces and territories.

6. Small businesses shy away from global expansion. According to a recent report from Statistics USA, smaller SMEs were found to be nearly twice as dependent upon sales from local markets. In fact, 60.7 per cent of those surveyed claim to rely on local markets in terms of percentage of sales of their highest selling product; whereas, 51.4 per cent of medium-sized enterprises and 31.8 per cent of large enterprises admitted to relying upon local markets. What is more concerning is that, of Canadian manufacturers, three-quarters of the total sales of their highest selling good or service came from within USA, while only half of USA's large manufacturers relied on local markets during the time of the survey. Small and medium-sized businesses cite a number of concerns when rationalizing their favouritism toward the Canadian market, from culture and language barriers to company size limitations and risk aversion. When it comes to international trade knowledge and expertise, businesses can turn to experienced professionals through consulting firms and internal hiring, or they can elect to educate themselves and their team through classes held both online and offline through FITT. And if risk is what is holding your company back, Export Development USA (EDC) offers solutions that include risk management services, insurance, financing, bonding and guarantees, and more.

About Small Business Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles.

Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Starting a business is a very exciting time for entrepreneurs, but it can also be the most daunting. Often the greatest concern would be to raise the appropriate business finance needed to get going.

Fresno, CA -- (SBWIRE) -- 11/13/2014 -- An entrepreneur might have an excellent business idea and knowledge of how to market and manage the idea to turn it into a successful business. However, if sufficient business funding can't be raised, it is less probable that the company will be commenced.

Luckily, there are still options for funding new companies, but finding and securing the cash requires careful research, good negotiating skills, and, above all, an unrelenting commitment to launching our new business.

The entrepreneur needs to be able to address the following concerns:

How much finance is needed?

Whether the entrepreneur is willing to borrow or give up some ownership of the start-up in return for investment?

How long is the start-up finance needed for? – Short-term or long-term?

In the case of borrowing, what security can be provided?

Sources of finance for new businesses

In this current economic climate, banks are getting increasingly wary of lending to SMEs. However, there are other ways of securing funding for new starts.

Before we outline the several sources of start-up finance, it is important to take into account the purposes of this funding:

Set-up costs – costs incurred before the business starts to trade

Fixed assets such as equipment and premises that the business needs before it begins to trade

Finance for inventory such as raw materials

Payroll – even if it is just our self

Growth and development e.g. extra investment in capacity

Start our capital search with a good business plan that shows investors and lenders our company's potential. Fully comprehend our available resources and we should be on our way to uncovering a source that fits our new business' financial needs. Below are some suggestions for options that could raise start-up cash for our business.

Personal Savings

As a founding entrepreneur, if we've got some capital, we can choose to invest it into our business. This is a common method of financing a start-up. Once the investment has been made, it is the company that owns the share capital. We retain full control of the business and enjoy full dividends once the business starts to make profits.

Invoice Finance (Factoring)

Factoring could release up to 90% of the funds locked up in our unpaid invoices, usually within 24 hours of the invoice being raised – we could have access to funds as soon as we start trading. The facility grows in line with our sales turnover and allows we take advantage of early supplier discounts. In addition, the factoring company manages our sales ledger which enables we start our business without any fear of defaults. This could be a suitable business loan that could enable us cover our start-up costs.

Bank Overdraft

An overdraft facility enables businesses to obtain short-term funding. It's an agreed form of finance where the bank sets the amount of money we can borrow in return for a high interest rate. An overdraft allows businesses to make payments from their current accounts exceeding the available cash balance. The bank may require some form of security before offering the facility – this mostly applies to large overdraft amounts.

However, the amount loaned is repayable on demand by the bank. They may do this if they are concerned about our ability to repay the debt, or reassessing their own risks. Watch out for our expenses or we risk having the facility withdrawn or having to pay extra charges.

Bank Loan

Banks are still a popular resort in terms of raising finance. A bank loan is an agreed amount of money provided by a bank, usually secured on business or personal assets. It's a longer-term kind of commercial finance and is suitable for financing investment in fixed assets. In return, we are obliged to repay a fixed amount of money in regular instalments, in an annuity. A shortfall to this form of finance is that the bank may be wary of lending to us in the first place, especially if we do not have any trading history. Preparing a bank loan application can be a difficult task because the availability of the loan depends on the funding required, collateral security and the entrepreneur's ability to convince the bank that the business will succeed.

Business Angels

These are professional investors that tend to invest in start-up and smaller companies. In return, the angel acquires some control over the business. For further business advice see our article on Business Angels.

Borrowing from family and friends

It's a common trend nowadays for new business owners to look to friends and relatives for financial support when starting a business. This is often cheaper and quicker to arrange and the repayment terms are usually more flexible than alternative sources of borrowing. Both parties need to be clear about the terms and conditions of the agreement in order not to damage personal relationships especially if the business gets into financial difficulties.

About Small Business Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

As a small business owner, our most difficult task is finding the money to operate our business. Taking the necessary steps to prepare for a small business loan can minimize the difficulty. Learn what we need to know to clinch the loan deal.

Fresno, CA -- (SBWIRE) -- 11/13/2014 -- Banks and other lending institutions cite risk factors as their main reason for turning down small business loan requests from startup businesses. Yet, we can still get a loan for our business by proper preparation.

Avoid the common error of thinking we can start with grants from the government and community agencies. It is even more unlikely than getting the money from our own savings, family, friends, or a bank.

The main requirements of attaining a small business loan are our personal credit history, business plan, experience, education, and feasibility of the business we are starting or expanding.

The most important task to obtain a small business loan is preparing a business plan. The business plan needs to show the lender that providing we with a small business loan is a low-risk proposition. Our business plan must answer the questions a lending institution would ask. These questions usually are:

How much money do we need?

If we are starting a business, this should be included at least in the start-up capital estimate. Accuracy is important, so request enough money to invest wisely.

What are we going to do with the money?

We will have to provide, in detail, the designated use of every dollar requested. A small business loan is often needed for: operations (new employees, marketing, etc.), assets (equipment, real estate, etc.), or to pay off business debts.

When will we repay the small business loan?

Explain in detail how this small business loan will serve as a stepping-stone for our business. We will need to convince the lender (with our financial statements and cash flow projections) that we are able to repay the loan through the expected long-term profitability of our business.

What will we do if we don't get the loan?

Let lenders know that rejection will not discourage we from starting or growing our business. We want to portray a confident and determined personality and we will try lender after lender until we receive the money we need to get our business moving.

As a small business owner, we will need a certain degree of fortitude. Be confident and proud of our venture. Let lenders know we are in control and know what's best for us and our business. Understand that lending institutions need to make loans. But if we don't get one, don't get discouraged. Ask the lender why we didn't get the small business loan. Learn from the answer, move on, and try other lenders.

Explore the resources available from the SBA.

Look locally when shopping for a lender.

About Small Business Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Having poor credit definitely makes the life more expensive. Mortgages, car loans, insurance policies and a host of other items all carry higher rates if our credit score is low – which is why achieving and maintaining a solid credit score is a must for anyone who wants to improve their financial situation

Fresno, CA -- (SBWIRE) -- 11/12/2014 -- But higher expenses aren't the only way a bad credit score can cost us. Renting can be more difficult, as landlords commonly pull a potential tenant's credit score as part of the rental application process; many will dismiss renters with low credit scores without a second look. Finding the right credit card could also be a struggle, as there are fewer options for those with poor credit.

Related: 5 Easy Ways to Ruin a Perfect Credit Score

Here are three other lesser known ways that poor credit makes life more difficult – plus five tips to dig our way out of that:

1. Setting up utilities is more complicated.
For those with good credit, setting up utilities usually requires a simple phone call or two – but people with poor credit have to take extra steps. If our score is really awful, we may need to put down a deposit with each utility company to get our services started.

For people who can't or don't want to put down the deposit, an option is to find a friend or family member who will guarantee to pay our bill in the event we don't.

2. Getting a new job or promotion is more difficult.
Potential employers can't view our actual credit score, but they can request an employment credit report, which omits our account numbers and personal information yet includes our payment history and loan information. In today's employment market, a poor report could be the reason we're rejected for a job or a promotion.

Related: Credit Score Change Could Set Up Consumers to Fail

3. Starting a new relationship can be – complicated.
Not even our romantic life is safe from a bad credit score. Savvy consumers who are financially responsible know the potential impact of a partner's bad credit on their own finances. According to a 2014 NerdWallet analysis, 53 percent of single adults over age 25 say they are "somewhat less likely" or "much less likely" to go out with someone with bad credit.

Though bad credit can be a heartbreaker in more ways than one – we can fix it. Here are five ways to raise our credit score:

1. Pay our bills on time – no exceptions, no excuses. This is far and away the most important thing to build and maintain good credit.

2. Avoid using more than 30 percent of the available credit on our cards during the month, say many experts. Monitor our balance carefully throughout our billing cycle and make a payment if we start to get too close to that threshold.

3. Start using credit as soon as we can. The easiest way to do this is to get a credit card and use it responsibly and consistently.

4. Only apply for credit we actually need – too many hard inquiries in the span of just a few months will ding our score.

5. Use AnnualCreditReport.com to obtain a copy of our three credit reports once per year. Review them, carefully, for accuracy; if we spot an error, start the process of having it corrected as soon as we can.

Summary:

Understand the value proposition of one's business.

Have these five documents ready: business plan, cash flow projections, personal financial information, business financial information and a personal guaranty.

Explore the resources available from the SBA.

Look locally when shopping for a lender.

About Medical Office Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of our life like most people won't, so that we can spend the rest of our life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

This year, small businesses across the state requested about $16 million less in loans from the U.S. Small Business Administration – compared to last year – and have been relying more on traditional business loans.

Fresno, CA -- (SBWIRE) -- 11/12/2014 -- This year, 845 loans were approved, totaling $449 million. Of those, 746 loans were approved through its general small business loan program for around $383 million. Certified Development Companies approved 99 loans for $66 million through the SBA's real estate and equipment loan program.

That's down 3 percent from last year, when the SBA approved 917 loans for $465 million.

According to SBA Spokesperson Mike Ernandes, even with the slight decline, SBA lending continues to remain stable. "With the economy in North Carolina improving, some lenders are following positive economic trends and financing loans conventionally," he says.

Between Raleigh, Cary and Durham, small businesses received almost $70 million in 115 loans. Businesses in Raleigh received 62 loans worth about $37 million, Durham received 33 loans worth $12.5 million and Cary received 20 loans worth $19 million.

"Almost half a billion dollars in SBA funding enabled small businesses to create jobs and support our state's economy," says SBA District Director Lynn Douthett in Charlotte. "Thanks to all of our lending partners who provide the access to capital that help our small businesses grow and succeed.

Explore the resources available from the SBA.

Look locally when shopping for a lender.

About Small Business Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Money is the lifeline of any business, so whether you’re starting a business or running an existing one, securing financing is a major factor, especially for small businesses. Many budding entrepreneurs find the task daunting and don’t even know where to begin.

Fresno, CA -- (SBWIRE) -- 11/11/2014 -- Here's a simple yet practical guide on how to go about preparing to apply for a small business loan.

1. What criteria do banks look for in making small business loans?

Different banks or lending institutions may have different standards, but in general, in order to consider your application for a small business loan, banks will require:

The loan must be for a sound business purpose. For SBA-guaranteed loans, the business must be eligible based on size, use of loan proceeds and the nature of the business (no lending, speculating, passive investment, pyramid sales, gambling, etc.)

You and your partner(s) are of good character, have experience and good personal and/or business credit history

Ability to pay back the loan- reasonable to strong collateral (personal and business assets) is very important. SBA expects the loan to be fully secured, but we will not decline a request to guaranty a loan if the only unfavorable factor is insufficient collateral. And of course, owners must have personal equity investment in the business/skin in the game.

2. What information will you need?

Different lenders may require more or fewer documents, but in general, you will need:

- Personal and business credit history
- Personal and business financial statements for existing and startup businesses and as well as a projected financial statements
- Strong, detailed business plan (including personal information such as bios, education, etc.)
- Cash flow projections for at least a year, and
- Personal guaranties from all principal owners of the business

3. How can you set yourself up from the beginning to make the process easier? (i.e. accounting systems, etc.)

Be prepared; be thorough; be truthful.

- Choose your lending institution carefully. Larger banks tend to shy away from small loans as they are less profitable and take the same amount of underwriting and servicing. That doesn't mean large banks do not make small loans; it is just more difficult.
- Approach banks or lending institutions you have worked with or are a customer of
- Explore community banks and Credit Unions
- Talk to a lending officer and find out exactly what documentation they require
- Be thorough, bring everything they ask. Many loan applications are denied or face unnecessary hurdles because of incomplete applications.
- Even before you start gathering and organizing the information required by lenders to consider your application, you should educate yourself regarding business loans so you can understand and discuss intelligently with the lending officers when the time comes.

4. What is the typical size of a small business loan?

Small businesses come in many sizes, from a start-up of a one-person company to hundreds of employees, and their financial needs vary accordingly, so "typical" also varies. That said, in the banking industry the median small business loan is about $130,000 - $140,000 with highest around $250,000. SBA small business loans range from about $5,000 (microloans) to $5 million (largest guaranteed) with the average loan around $371,000.

5. How can you get financing to start a business since many banks want to fund growth?

Start-ups are probably the most difficult ventures when it comes to securing financing. Many start-up businesses seek financing from family, friends and credit cards. If the credit is sound, the business plan strong and you have enough personal resources to invest and collateral to guarantee, smaller, community banks and other community financial institutions and Credit Unions may consider lending you money.

Your best bet by far is SBA assistance. Begin by visiting SBA's website , where you will find a wealth of information not only on how to secure a small business loan but equally importantly, other services and training opportunities to help you succeed.

6. Are there associations that can help?

SBA works closely with a large network of partners that leverage SBA resources and are just one phone call away and ready to provide extensive help.

SBA District/Branch Offices– at least one in every state
SCORE– (approximately 300 chapters nationwide)
SBDCs – Small Business Development Centers; (approximately 900 locations nationwide; associated with higher education institutions (colleges and universities)
WBCs- Women's Business Centers (approximately 100 educational centers nationwide)

About Start up Business Loans
As commercial loan brokers, our mission is to provide our clients with the highest quality of service and efficiency. We provide our clients with extensive loan processing by experts on our quick, simple and safe process, while closing loans faster than anyone else. Here at Biz4Loans, the customer is our top priority.

Who We Are

Biz4Loans is a California-based loan company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients.

Entrepreneurship Advocates

"Entrepreneurship is living a few years of the life like most people won't, so that one can spend the rest of their life like most people can't. " – Anonymous

We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities.

At Biz4Loans, we understand the challenges that entrepreneurs face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. For more info visit http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

For most small business owners, obtaining a loan is the most realistic way to start or grow their company.

Fresno, CA -- (SBWIRE) -- 11/10/2014 -- However, applying for a small business loan is no simple task - it's much more involved than filling out a few forms. Not only will one need a clear plan that demonstrates how one'll pay back the loan, but one'll also need to know how the loan one receive will rank one against other businesses.

Before one start browsing small business loan interest rates online, one should collect some information on one's own company. Not only will this help one avoid unpleasant surprises, but it will increase the chance that one'll get the financing one's business needs.

Understand the Potential Value of one's Business

When one discuss a loan with a potential lender, the loan officer may ask about the value proposition of one's business. A written value proposition is a few sentences or a few paragraphs that clearly states why one's business appeals to consumers when compared to other similar businesses. Being able to clearly articulate why one's business will succeed in the marketplace will make lenders more likely to offer one a loan. Since the heart of most business plans is the value proposition, be prepared to also orally summarize why one's company will succeed.

Collect All of the Required Documentation

While the information lender's request may differ slightly between institutions, there are a few basic documents one will have to add to any loan application. Be prepared to offer a complete financial history of one's business. This financial snapshot should include credit reports, previous years' tax returns, operating budgets and any other information necessary to provide an overall picture of the health of one's business. One should be prepared to present a thorough business plan, and provide cash flow projections for at least one year. This business plan should offer a detailed explanation of how the loan funds will be spent but should also cover the overall health and direction of one's business.

In addition to demonstrating the health of one's business, expect to offer a peek into one's personal finances as well. A good credit report and personal collateral will also help strengthen one's application. Of course, one'll likely be asked to sign a personal guaranty if one are granted the loan. If one intend to use one's small business loan to start one's company, having good personal credit and a strong financial outlook will be essential.

Contact the Small Business Administration

Not only does the Small Business Administration guarantee loans for qualified applicants, but they also provide free counseling to anyone who needs a loan for their business. Once we've collected one's loan documentation, call one's local SBA and ask about available counseling sessions. Participating in an informational session will allow a seasoned professional to examine one's documentation and point out any potential flaws or missing information.

The SBA website is also an excellent place to look for information about writing a business plan and crafting one's value proposition. While one're browsing on the SBA site, think about applying for an SBA loan. If one qualify, one're more likely to get more favorable terms from approved lenders because the SBA guarantees up to 85 percent of each loan. SBA loans also cap guaranty fees and interest rates. Even if one don't qualify for an SBA loan, local SBA offices can often help one find other loan opportunities and classes provided by professional organizations and nonprofits.

Where to Look for Lenders

National banks provide millions of dollars in small business loans each year, but they're only one option available to small business owners. In addition to investigating SBA-guaranteed loans, consider loans from credit unions, community banks, local nonprofits and professional organizations. Lenders with strong ties to one's community will be more likely to loan money to a local business. The loan officers at local lenders are also more likely to understand the unique needs of one's community, which will help them fairly evaluate one's business plan.

Getting a loan for one's small business requires a strong business plan and plenty of organization. Once we've assembled all of the required loan documentation, don't be afraid to solicit feedback on one's business documents before submitting them to lenders. The SBA is a great first choice, but professional organizations and community nonprofits can also help. After we've scrutinized one's application, look for local lenders who will invest in one's chance to succeed.

Summary:

Understand the value proposition of one's business.

Have these five documents ready: business plan, cash flow projections, personal financial information, business financial information and a personal guaranty.

Explore the resources available from the SBA.

Look locally when shopping for a lender.

About Medical Office Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Where can we go when private financing sources turn us down? For many start up entrepreneurs, the answer is the U.S. Small Business Administration (SBA).

Fresno, CA -- (SBWIRE) -- 11/10/2014 -- The federal government has a vested interest in encouraging the growth of small business. As a result, some SBA loans have less stringent requirements for owner's equity and collateral than do commercial loans, making the SBA an excellent financing source for startups. In addition, many SBA loans are for smaller sums than most banks are willing to lend.

A 7(a) loan can be used for many business purposes, including real estate, expansion, equipment, working capital and inventory. The money can be paid back over as long as 25 years for real estate and equipment and 10 years for working capital. Interest rates vary with the type of loan you apply for.

SBAExpress Program
A general 7(a) loan may suit our business's needs best, but the 7(a) program also offers several specialized loans. One of them, the SBAExpress Program, promises quick processing for amounts less than $350,000. SBA Express can get us an answer quickly because approved SBAExpress lenders can use their own documentation and procedures to attach an SBA guarantee to an approved loan without having to wait for SBA approval. The SBA guarantees up to 50 percent of SBAExpress loans.

CAPLines
For businesses that need working capital on a short-term or cyclical basis, the SBA has a collection of revolving and nonrevolving lines of credit called CAPLines. A revolving loan is similar to a credit card, with which we carry a balance that goes up or down, depending on the payments and amounts we borrow. With nonrevolving lines of credit, we borrow a flat amount and pay it off over a set period of time.

CAPLine loans provide business owners short-term credit, with loans that are guaranteed up to $2 million. There are five loan and line-of-credit programs that operate under the CAPLines umbrella:

1. Seasonal line of credit: designed to help businesses during peak seasons, when they face increases in inventory, accounts receivable and labor costs

2. Contract line of credit: used to finance labor and material costs involved in carrying out contracts

3. Standard asset-based line of credit: helps businesses unable to meet credit qualifications associated with long-term credit; provides financing for cyclical, growth, recurring or short-term needs

4. Small asset-based revolving line of credit: provides smaller, asset-based lines of credit (up to $200,000), with requirements that are not as strict as the standard asset-based program

5. Builder's line of credit: used to finance labor and materials costs for small general contractors and builders who are constructing or renovating commercial or residential buildings

Each of the five credit lines has a maturity of up to five years but can be tailored to the borrower's needs.

MicroLoan Program
SBA financing isn't limited to the 7(a) group of loans. The MicroLoan Program helps entrepreneurs get very small loans, up to $35,000. The loans can be used for machinery and equipment, furniture and fixtures, inventory, supplies, and working capital, but they cannot be used to pay existing debts or to purchase real estate. This program is unique because it assists borrowers who generally do not meet traditional lenders' credit standards.

MicroLoans are administered through nonprofit intermediaries. These organizations receive loans from the SBA and then turn around and make loans to entrepreneurs. Small businesses applying for MicroLoan financing may be required to complete some business-skills training before a loan application is considered.

The maximum term for MicroLoans is six years, and the interest rates vary.

CDC/504 Loan Program
On the opposite end of the loan size spectrum is the 504 Loan, which provides long-term, fixed-rate loans for financing fixed assets, usually real estate and equipment. Loans are most often used for growth and expansion.

504 Loans are made through Certified Development Companies (CDCs)--nonprofit intermediaries that work with the SBA, banks and businesses looking for financing. There are CDCs throughout the country, each covering an assigned region.

If we are seeking funds up to $5 million to buy or renovate a building or put in some major equipment, consider bringing our business plan and financial statements to a CDC. Typical percentages for this type of package are 50 percent financed by the bank, 40 percent by the CDC and 10 percent by the business.

In exchange for this below-market, fixed-rate financing, the SBA expects the small business to create or retain jobs or to meet certain public policy goals. Businesses that meet these public policy goals are those whose expansion will contribute to a business district revitalization, such as an empowerment zone; a minority-owned business; an export or manufacturing company; or a company whose expansion will contribute to rural development.

HubZone Program
Since 1980, 40 states have established programs to designate enterprise zones, offering tax breaks and other incentives to businesses that locate in certain economically disadvantaged areas. States vary widely in the number of zones designated, incentives offered and success of the programs. In some areas, businesses may also qualify for lower utility rates or low-interest financing from eligible government jurisdictions. To be eligible for any of these incentives, businesses must generally meet certain criteria, such as creating new jobs in a community.

The HubZone Program was set up to provide tax incentives and stimulate community investment and development. Specified urban and rural communities will receive grants and tax breaks for businesses in the area. The federal government's involvement means entrepreneurs in those areas can get federal tax breaks, not just state.

8(a) Business Development Program
The SBA's 8(a) program is a small-business set-aside program that allows certified socially and economically disadvantaged companies to enter the federal procurement market as well as the economic mainstream. The 8(a) program is envisioned as a starter program for minority businesses, which must leave the program after nine years.

Entrepreneurs who participate in the 8(a) program are eligible for the 7(a) Guaranty Loan and the Pre-Qualification Programs. Businesses must be owned by a socially and economically disadvantaged individual. Socially disadvantaged categories include race and ethnicity. To qualify as economically disadvantaged, the person must have a net worth of less than $250,000 as well as two years' worth of tax returns.

About Start up Business Loans
As commercial loan brokers, our mission is to provide our clients with the highest quality of service and efficiency. We provide our clients with extensive loan processing by experts on our quick, simple and safe process, while closing loans faster than anyone else. Here at Biz4Loans, the customer is our top priority.

Who We Are

Biz4Loans is a California-based loan company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients.

Entrepreneurship Advocates

"Entrepreneurship is living a few years of the life like most people won't, so that one can spend the rest of their life like most people can't. " – Anonymous

We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities.

At Biz4Loans, we understand the challenges that entrepreneurs face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. For more info visit http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Federal regulators say they’re concerned about a continued heavy risk in large loans made by banks and other financial institutions, with the amount of risky loans remaining at double the levels before the financial crisis.

Fresno, CA -- (SBWIRE) -- 11/10/2014 -- The Federal Reserve and other agencies say that a large portion of the risk comes from loans made to investment firms for financing takeovers of companies. Those loans, called leveraged loans, accounted for 22.6 percent of large loans outstanding and 74.7 percent of the loans deemed risky by the regulators, according to the agencies' latest annual review.

The review found 'serious deficiencies' in credit standards for making leveraged loans and in managing their risk.

Overall, the review found that $340.8 billion, or 10.1 percent, of big loans outstanding were deemed risky — enough for the examiners to criticize them in writing to the lenders.

That's about double the levels preceding the crisis that struck in 2008.

Regulators are worried about a heavy load of risky loans weighing on institutions' financial soundness and the potential threat to the broader banking system.

The lease rates also are slightly higher than office rents, although with some caveats. The C&W/NorthMarq Compass Report placed medical office rates in the region at $18 to the low $20s per square foot compared with $16 to $20 for Class A commercial space.

Still, the construction costs of medical office projects are higher. Commercial spaces have open floor plans, while medical offices have many rooms and expensive heating, plumbing, cooling and electrical equipment, said Effler. Tenant improvement allowances are substantially more than a traditional office, he said, and the health care providers might pay only 25 percent to 50 percent of that cost in cash or financing.

That leaves the developer with the weight of tenant improvements that must be recaptured in higher lease rates, Effler said. So a medical office deal that might require $50 per square foot in tenant improvements results in a landlord paying half or more, he noted.

"I would not say medical office is more favorable because you can get higher rents than other spaces," he said. "Construction costs are higher."

About Medical Office Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

With one project underway in Lake Elmo and another just months shy of the opening in Fresno, developer Tim Clarke is staying busy this year putting together several deals for new medical office buildings around the Twin Cities.

Fresno, CA -- (SBWIRE) -- 11/07/2014 -- The medical office market is exceptionally strong as health care systems consolidate and federal health care reform brings in new patients and begins to transform the way care is delivered, said Davis, principal of the Minneapolis-based Davis Group.

"It's been an excellent time, not without its trials and tribulations, of course," Davis said.

But getting financing hasn't been a problem, he said.

Erwin Effler III, vice president of development of health care at Minneapolis-based Ryan Cos. US Inc., said financing for medical projects has rarely been this strong.

"I would say there's just an unprecedented amount of capital chasing the sector right now," Effler said. "There's a lot of different financing available, whether it's banks, private equity or privately or publicly traded REITS, in the market. We've done a lot of our projects with private capital and traditional bank lending sources."

Developers or the health care institutions are often investing in properties, too. Ryan is building a 115,000-square-foot, $48 million specialty clinic for Park Nicollet at 15800 95th Ave. N. in Maple Grove. Park Nicollet will own the building and occupy much of it, he said.

Ryan is also among the investors, along with Bremer Bank, in a new 41,000-square-foot multitenant medical office building at 9360 Grove Circle N. in Maple Grove, Effler noted. The Grove Health West building, which is near the Maple Grove Hospital, will have Golden Valley-based Twin Cities Orthopedics as a tenant on the second floor and other providers on the first floor. "Leasing is very positive and we expect to have tenants announced soon," he said.

Among the big banks financing deals in this market are Minneapolis-based U.S. Bank; San Francisco-based Wells Fargo, which has a long history in the region, and Charlotte, North Carolina-basedBank of America, said Chris Jacobson, an associate at Bloomington-based CBRE specializing in medical office development.

"It really runs the gamut, from local lenders to insurance companies to national lenders who go after this kind of building," he said. "It's a good stable, long-term investment that's part of many lenders' platform."

An attractive market
So what do investors like about the medical office sector? Stephen Brown, executive director of the Healthcare Advisory Group for Bloomington-based Cushman & Wakefield/NorthMarq, points to health care reform. The Patient Protection and Affordable Care Act is rewarding health care providers for better results and is encouraging consolidation, he said.

Keeping people out of hospitals is expected to result in less expensive care delivered in attractive clinic environments that are more comfortable for doctors and patients. New clinics are also part of a plan to have patients receive all their health care at one clinic rather than several, potentially boosting per-patient revenue while locking them into a care system for all their needs.

"This is the integrated care model, with everything under one roof," Brown said.

Colliers International's Medical Office Trends and 2014 Outlook report published earlier this year echoes the sense that the sector's shining light is far from dimming. The $2.47 billion spent on medical office transactions in the fourth quarter of last year was the "highest since Q4 2006," according to the report. "2014 should be a strong year, given scarcity of properties, availability of capital, and opportunities in secondary/tertiary markets."

Gene Cross, executive vice president of Minnesota Bank & Trust in Edina, has served as a lender on a number of medical office projects in the region, including a few refinancing projects. From a banker's perspective, he said, the market "is very competitive" with many lenders vying to finance medical office loans.

"In this market, medical office is strong in part because it's not like other markets that have cyclicality," he said. "There is great stability of cash flow and the reality is people are always needing medical care. It's definitely a growth area."

Developer Mark Davis says he has a strong relationship with Wells Fargo, which has financed eight of his group's medical office projects, totaling 375,000 square feet, in the past four years.

"We have a great relationship with them," said Davis, whose company owns or manages 1.1 million square feet of medical office space. "Interest rates have been favorable. The only obstacle we've seen is rising construction costs of 10 to 12 percent, which has offset a bit that lower interest rate."

Developers see gold in the local market, too. Effler points out that he recently joined Ryan after working for an Ohio real estate investment trust because Ryan has begun to aggressively pursue the health care market. Ryan also hired Steve Stecker, formerly of Welsh Cos., to serve as division manager for health care.

A closer look At deals
Typically, medical office projects have a lead tenant that takes as much as 65 percent to 70 percent of the space, said Effler. It's rare to see a spec medical office building, he said, if only because finding an anchor tenant in today's market isn't hard.

Sometimes the lead tenant ends up taking all the space. The Davis Group's initial plan for the Minnetonka Medical Center called for the Robbinsdale-based North Memorial Health Care to lease 35,000 square feet. Then North Memorial asked for 42,000 square feet before simply taking the entire 63,000-square-foot building at 15400 Highway 7, Davis said.

Although North Memorial isn't new to Minnetonka, it is new to that area of the city. Dr. J. Kevin Croston, chief medical officer for North Memorial, said his organization's thinking about the building evolved over time. North Memorial ultimately decided to lease all the space to offer a one-stop shop that will create strong clinic-patient relationships, he said.

Investors like the medical market not only because absorption for new buildings is relatively easy but also because tenants sign long-term leases of 10 to 15 years with renewable options equally as long, said Jacobson. In contrast a commercial office lease may run from three to seven years, on average.

The reason is the space is built to suit, and moving every five to seven years would be cost- prohibitive, Effler said. Tenant improvement allowances for medical offices tend to be high, so practices have to stay long enough to recoup their investments in that infrastructure, he said.

The lease rates also are slightly higher than office rents, although with some caveats. The C&W/NorthMarq Compass Report placed medical office rates in the region at $18 to the low $20s per square foot compared with $16 to $20 for Class A commercial space.

Still, the construction costs of medical office projects are higher. Commercial spaces have open floor plans, while medical offices have many rooms and expensive heating, plumbing, cooling and electrical equipment, said Effler. Tenant improvement allowances are substantially more than a traditional office, he said, and the health care providers might pay only 25 percent to 50 percent of that cost in cash or financing.

That leaves the developer with the weight of tenant improvements that must be recaptured in higher lease rates, Effler said. So a medical office deal that might require $50 per square foot in tenant improvements results in a landlord paying half or more, he noted.

"I would not say medical office is more favorable because you can get higher rents than other spaces," he said. "Construction costs are higher."

About Medical Office Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Commercial lending activity is on the rise across the country, bankers and analysts say, reflecting an economy continuing to gradually stabilize.

Fresno, CA -- (SBWIRE) -- 11/04/2014 -- In Northeast Ohio and elsewhere in general, the demand is spread across several industries from manufacturers and energy producers to shale drillers, health care and real estate. And banks large and small are competing for the business.

While many commercial banks may feel the demand they're seeing for those loans is still shy of pre-recession levels, data from the Federal Reserve show that nationwide, more dollars are being lent out this year compared with others since the economic downturn — about $1.732 trillion through September, compared with $1.543 trillion in the like period a year ago.

Fred Cummings, a former bank securities analyst who is now president at Elizabeth Park Capital Management, a Cleveland hedge fund that invests in bank stocks, said commercial lending has been strong across the country, with many banks seeing a growth of 8% to 10% year-to-date compared with the like period of 2013.

And growth rates are accelerating more as the economy improves both across the country and regionally in Greater Cleveland, he said.

Slow but steady

Jason Sutton, head of Wells Fargo's Commercial Bank office in Cleveland, said the bank's commercial lending portfolio in the Cleveland market is up about 20% from 2013, with demand spread throughout industries from automotive and manufacturing to health care. Don Hayes, Wells Fargo regional vice president for Ohio, said the growth has been steady since 2010 but has been more "pronounced" over the last year as companies seek out loans to fund expansions of their footprints, inventories and staff.

"I think companies are trying to do more with less, and I think employment growth will continue happening, but at a very steady, modest pace," Sutton said, "and that's better in the long term, more meaningful."

Jeff Douglas, KeyBank Eastern Ohio district president, said he's seeing loan growth in the region of about 11%, with demand from steel and auto industries slightly stronger. Others, he said, are seeking financing to grow business through mergers and acquisitions.

"We're still not seeing demand return to pre-recession levels, but it's still been steady," he said. "There's growth in there, and we feel good about that. We think what we see now is sustainable into next year."

"This (lending activity) is clearly indicative of economic growth," Cummings points out.

Middle-market opportunities

Midsize banks are getting in on the activity, too, leveraging the regional opportunities in a rejuvenated Greater Cleveland.

Pennsylvania-based First Commonwealth Bank, for example, branched into Cleveland for the first time in spring 2013 by opening a loan production office in the Oswald Centre to capture the opportunities in Northeast Ohio, said John Osberg, senior vice president and senior corporate banker at First Commonwealth. Osberg worked out of his home for a year while bulking up staff for the office that opened this past April.

"Ever since we opened, we've had a lot of opportunities. Our loan growth production has been really very strong," he said, noting there is no regional data to compare growth against yet with only a couple months of business in the books.

"The demand has been tremendous," Osberg added. "I think we're exceeding expectations. We've probably closed 14 to 15 deals."

He said the hospitality industries, multifamily real estate and retail opportunities are becoming more prevalent in Greater Cleveland, citing the bank's participation in financing for the Crocker Park and Metropolitan at the 9 projects. Lending for real estate overall, especially to finance new apartments, is picking up across the country after stagnating in the mid-2000s.

Michigan-based Talmer Bank and Trust also launched a foray into Cleveland recently following an early 2013 acquisition of the bankrupted First Place Bank of Warren. That merger was finalized in February and was underscored by the hiring of new employees that resulted, among other things, in a dedicated commercial banking staff. Jamie Lynch, executive managing director at Talmer and region president for Ohio, said the team has doubled since May 2013.

"We're doing very well in Ohio as it relates to what we thought our opportunities would be, but also what the corporate office expectation for Ohio was," he said.

Lynch said commercial lending prospects are expected to grow well into 2015, noting that underwriting deals in the pipeline are "strong" and other deals are heading toward closures for clients in a variety of industries. Oil and gas companies and demand for financing for mergers/acquisitions and even debt refinancing are among the top drivers, he said.

"Commercial banking is strong right now," Lynch added, "just maybe not as strong as it was pre-2007."

The heat of competition

Cummings points out that banks are becoming more competitive as demand for commercial loans creeps up, especially in terms of pricing. And as a result, to be more competitive, many banks are tweaking their deals to offer lower prices and fixed rates over longer periods, some even up to 10 years.

"We're hearing some very intense price competition right now," Cummings said. "Some banks are taking on that interest rate risk in the form of making longer terms, fixed-rate loans, and that could be a risk factor if a bank is doing that."

In another theme, there's also competition driving a need for personnel amongst the bank themselves.

"If we're a talented lender, we could have a lot of opportunities," Cummings said. "Banks are aggressively looking to hire good talent right now. That tells us they're optimistic about loan demand because they're willing to invest in new personnel."

About Start up Business Loans
As commercial loan brokers, our mission is to provide our clients with the highest quality of service and efficiency. We provide our clients with extensive loan processing by experts on our quick, simple and safe process, while closing loans faster than anyone else. Here at Biz4Loans, the customer is our top priority.

Who We Are

Biz4Loans is a California-based loan company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients.

Entrepreneurship Advocates

"Entrepreneurship is living a few years of the life like most people won't, so that one can spend the rest of their life like most people can't. " – Anonymous

We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities.

At Biz4Loans , we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. For more info visit http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Ever wonder what a bad credit score costs us? No need to wonder anymore. The editors at Credit.com have created a new online tool -- the Lifetime Cost of Debt Calculator -- that tells in dollars and cents.

Fresno, CA -- (SBWIRE) -- 11/04/2014 -- To be specific, a 30-year-old with poor credit is likely to pay a quarter-million dollars more in interest payments over her lifetime (assuming an $18,000 car loan, $5,000 in credit card debts and a $400,000 mortgage) than a similar person with a pristine score. If the credit is good, but not excellent, we'll pay about $30,000 more over our lifetime than that individual with excellent credit, according to the calculator.

"It's easy to underestimate how much a credit score can cost -- or save -- we over a lifetime of borrowing," said Gerri Detweiler, director of consumer education at Credit.com. "Most people understand that it affects their ability to get a car loan or rent an apartment, but they underestimate how much their credit affects how much they pay in interest."

The new calculator is completely interactive. Consumers can plug in their own loan balances and slide the toggle bar to see how much their debt will cost them given their current credit score, or the score they think they might be able to attain with better behavior.

What might happen to our cost of debt if we file for bankruptcy? Slide the toggle bar to the left for the distressing news of what we'll pay if our credit goes belly-up.

The calculations assume that, at today's rates, a consumer with perfect credit (740 or more) will pay just 3.75 percent for a mortgage, while someone with poor credit would pay 6.25 percent (if they could get a loan at all).

The cost differences are far greater with unsecured debts, such as credit cards (rates range between 9.25 percent and 24 percent) and debts that are secured by a depreciating asset, such as auto loans (3 percent to 15.4 percent). And the cost of car loans assumes that the average borrower will have 18 different cars over a lifetime, buying a new car every three or four years.

Loan rates change over time, so Credit.com will periodically update the calculator's interest rate assumptions, too, Detweiler said. But the tool isn't aimed at giving consumers a to-the-penny estimate, she added. It's really about graphically explaining the benefit of maintaining good credit.

The calculator itself also doesn't provide any advice on how to improve our score. But consumers who want to sign up for a free Credit.com account can access their current score and get a personalized plan aimed at improving it. (Other credit sites, including CreditKarma offer a similar free service.)

Note that any site offering a credit report or credit score will ask for our Social Security number to pull our credit report. That report will also be used to make recommendations for improvements.

About Fast Business Loans and Commercial Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The method or practice of extending funds or working capital to businesses so that they can purchase equipment is more commonly known as commercial equipment financing. There are several financing options available to companies which enable them to purchase the equipment they need including equipment leasing, sale-leaseback, SBA loan programs, and other government loans. Depending on the lender that offers this type of financing and the needs of the business, loans ranging from $500,000 to $50 million are available.

Fresno, CA -- (SBWIRE) -- 09/12/2014 -- Initial Considerations
Before we get started applying to lenders, the first thing we want to do is find several lenders that offer commercial equipment financing in our specific industry niche. Since the economic downturn of 2008-09, many lenders have stopped offering financing and loans for commercial equipment claiming that it is too risky. The best thing to do is call around and inquire with enough companies that we can make a list of 5 or 6 that offer this type of financing and loans for comparison purposes.

Basic Credit Qualification Requirements
The lender has to determine how creditworthy we are and that we will have the ability to repay the loan within the terms provided. Credit qualification requirements will vary from one lender to another, but there are certain criteria that are common with each one. For the most part, every established business that has a good credit history has a better chance of obtaining commercial equipment financing than other businesses. The best terms are usually available to those businesses that have been operating a minimum of 2 or 3 years.

The first thing we need to understand is the importance of choosing the right lender for our financing needs. We want to make sure that our business is well represented on our loan application as well. The first step is to draft a letter that establishes our reasons for borrowing the money. Once the letter is drafted, write our business plan as every lender requires this. This will tell the lender how the loan will improve our business and reflect our goals. Be sure to include any future expansion and growth projects, financial plans, and projected revenues.

Once we have done this, start gathering the financial documents we will most likely need such as our accounts payable journal, business and personal tax returns, balance sheets, profit and loss statements, etc. If we are applying for secured commercial equipment financing then we will need to provide collateral. This usually includes available surplus cash, property equity, or savings which could be used to secure the loan. Be sure that we compare several lenders as to their requirements.

We should contact certain agencies in our area that help businesses secure the funds they need for their companies such as the SBA (Small Business Administration), SCORE (Service Corps of Retired Executives), and the Small Business Development Center. All of these agencies can assist we with application process as well. The important thing is that we investigate all the options that we have at our disposal when searching for commercial equipment financing.

Buying vs. Leasing
Another option for obtaining the equipment we need for our business is leasing. Every business is different and the decision to lease our equipment or purchase it has to be made based on individual business circumstances. Although leasing gives we more flexibility and enables we to preserve our capital, it could wind up costing we considerably more in the long run.

Here are the advantages that leasing provides:

lower upfront expenses more flexible terms tax deductible as a business expense upgrading equipment is easier Naturally there are some disadvantages to be aware of where leasing is concerned including the following:

higher overall costs obligated to pay for the entire terms of the leas ewe don't own the equipment, we are only paying for the use of it-although we have higher up-front costs when financing our equipment, we own it unlike with a lease. Plus we may be able to deduct the depreciation on our equipment and there are certain tax incentives that we may qualify for. If we are trying to decide between financing our commercial equipment and leasing it, we need to consider the advantages and disadvantages involved. But ultimately, the decision rests on our shoulders.

About Fast Business Loans and Commercial Loans
Biz4Loans is a California-based company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients. Entrepreneurship Advocates "Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't. " – Anonymous We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities. At Biz4Loans, we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. Growing the Business Community commercial loan brokers Whether it is financing to cover initial start up costs, purchasing of new equipment for an existing business or an expansion of facilities, Biz4Loans can help. We know that sometimes unexpected costs as well as unexpected opportunities require quick and decisive action. Our ability to quickly close a wide variety of loans has allowed us to build strong relationships based on our reputation for serving our clients effectively. Because of our speed and adaptability, Biz4Loans has brokered over $500 million in funding to businesses ranging from farms, hotels, and non-profits to office buildings, surgical centers and apartment complexes.

CALL BIZ4LOANS TODAY FOR A FREE CONSULTATION http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Heavy trucking equipment can be extraordinarily expensive. Trucking companies of all sizes often rely on commercial truck financing to lease or buy semis, dump trucks, and other equipment that they need to provide their services. However, finding financing for a commercial truck can be difficult in some cases.

Fresno, CA -- (SBWIRE) -- 08/14/2014 -- Understanding how commercial truck loans work is crucial when trying to lease or find a loan, as this allows businesses to improve their chances of getting approved for affordable financing options.

This starts with understanding the credit issues that commercial trucking companies look at when issuing loans. There are numerous criteria involved which a financing company considers to try to accurately determine whether a business will pay off its loan in a timely manner.

These criteria include specific information about a loan applicant company, such as the amount of time that a company has been in business. Most financing companies will prefer to issue commercial truck financing to an established business, as this greatly improves the chances that a loan will be paid back. A good credit history and strong financial records will also improve a company's chances of receiving financing at a preferable rate, so before getting financing on any type of trucking equipment, a company should prepare its financial records and be ready to present a great deal of tax and income info. A history of profitability can show a financing company that a business has a relatively low credit risk.

The other major factors are the exact equipment being financed and the type of loan that is being requested. Longer loans are more difficult to find, as they can carry a greater risk for financing companies.

It will be very difficult to receive commercial truck financing from an institution that is not familiar with the uses, benefits, and costs of the equipment that is being financed. Businesses should choose financing companies that specialize in loans for heavy-duty commercial trucks and related equipment, as these institutions will be able to accurately assess the risks of a loan and can often offer low rates to buyers. Many financing companies have lists of commercial trucks that they will finance or lists of equipment and brand types that they do not support.

When truck financing is needed, it's often possible to improve the chances of loan approval by choosing used trucks or inexpensive models. Supply as much credit information as possible and look for loans that can be paid off as quickly as is affordable. First-time truck buyers and buyers with bad credit can look for special companies that specialize in commercial truck financing for these situations. Know the terms and interest of the financing agreement and work with specialized financing companies that understand the costs and risks of the trucks that one needs. An organized approach will help any business to finance heavy trucks at an affordable rate.

Years ago, getting a commercial truck loan was as easy as proving that one could fog a mirror when it was held in front of one's face. Obviously, that is no longer the case and there is a lot more involved with applying for and being approved for commercial truck loans. As with other aspects of the economy, loan approval rates decreased dramatically during the economic downturn of 2008-09. At one point in time, a credit score of 625 or higher was sufficient enough for getting approved. Ironically, individuals today with credit scores that are 50 points higher than that are having difficulties securing commercial truck loans from some of the main stream lenders out there. However, there is more involved when we are trying to get commercial truck financing than just the credit score.

The Captive Financing Companies
There are dozens of sources for commercial truck loans. The primary ones are the financing branches of the major auto and truck manufacturers. These are technically known or referred to as the "captive" finance companies or lenders. These companies exist solely for the purpose of providing financing and loans to those individuals who want to purchase their trucks. In years gone by, their underwriting criteria were extremely liberal and some think that they more liberal than the mortgage loan industry.

The Independent Finance Companies
The primary difference between the captive finance companies and the independent lenders is that the latter is not connected in any way to the major manufacturers. They make their profits by financing a wide range of commercial equipment and machinery as well as commercial trucks. When a customer has already financed their commercial vehicles through a captive lender and no longer wants to deal with them, they turn to these "A" credit sources because of their competitive interest rates.

In-House Financing Programs
Last but certainly not least are the in-house financing programs. These financing options are typically offered by smaller vendors. However, they can be beneficial for the dealer as well as the buyer. The dealer benefits because in-house financing enables them to sell more vehicles and in most cases, they do not have a captive financing venue to rely on. Additionally, as the credit criteria have gotten stricter, the independent lenders are not the preferred option that they once were.

About Commercial Truck Loans Company Biz4loans
Biz4loans is a commercial truck financing company specializing in customers with bad credit. We finance semi trucks, dump trucks, and other work trucks for people in all 50 states. We can be contacted at http://www.biz4loans.com/commercial-truck-loans/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The Growing Need For Fast Small Business Loans

Fresno, CA -- (SBWIRE) -- 08/14/2014 -- Starting and maintaining a small business is a challenge, to say the least. No matter how prepared an entrepreneur feels, there will always be an unexpected cost around the corner.

Sometimes the cash "cushion" we have saved for such an unforeseen expense is just not big enough to cover it. Maybe it is the need for new equipment, or additional staff, or even a new facility. The list of reasons a small business needs funding are endless.

Unfortunately, the list of lenders that have the best interest in mind is not endless. We all know that banks and finance companies are in business to make money, but they often forget that so are them .

One of the top reasons for small business failures is lack of capital. Being able to access funding quickly can be the difference between the success of a small business and closing the doors permanently.

Small Business Loan Challenges
Small businesses are the drivers of the U.S. economy, and entrepreneurs are the main employers of U.S. workers. These are encouraging facts, but many small businesses do not succeed, and it will serve business well to learn why.

One common failure for small businesses is improper market research. The business must have an audience and must be aware of the specifics of the audience. This prevents spending money on advertising to the wrong market and will allow to effectively articulate angle on the market when speaking with potential investors or lenders.

Another problem is a faulty business plan or no business plan. The details of business will make or break it. Create a thorough business plan to identify possible challenges, and then develop a plan to mitigate these potential problems.

This not only prepares business for reality, but again, it will allow to effectively communicate these challenges, along with the mitigating factors, with potential lenders. This will go a long way in proving that have intelligently organized a plan to face potential challenges head on, and will establish a high level of confidence that the lender or investor's funds are in the right hands.

Once it is clear that business has covered the necessary groundwork, now there is the need to acquire the capital to start or grow the business. If they have done research, and established business plan, chances for acquiring financing have already increased dramatically.

Establishing the Proper Financial Foundation for Fast Funding Approvals
Whether they are a new business that has just opened doors, and established business that has been around for years, or a potential start-up on a napkin in the basement, establishing the proper financial foundation for the business begins with the business owner.

Fast small business funding
Always ensure to maintain a high personal credit score. Lenders want to know that the person running the business is financially responsible, and will appropriate the funds in the right areas to increase the business' value to the market. A business owner's personal credit score is particularly important when attempting acquire funds for a start-up, as the business has yet to establish a credit rating.

If the business is established, maintaining accurate financial statements is crucial to acquiring additional funding as lenders and investors alike will want to see consistent cash flow, business asset acquisitions, and responsible bank account management. These are all indicators of a strong return on investment and will put the business in the best possible position to negotiate the best loan and credit terms.

For new businesses and start-ups, responsible bank account management, equal investment of personal assets or funds into the business, and a solid business plan are the keys to establishing the proper initial financial foundation for the business.

When the business gets up and running, be sure to organize the company financials and personal financials separately. Keep accurate records of money coming in and money going out from the start, as this will help them qualify for better loans and lines of credit in the future.

It is extremely difficult to establish accurate records later on when they are required by lenders and/or investors as part of an approval process if the framework was not set in place from the beginning.

Jessie Singh, director of the Biz4loans, delivered that message to lead off the small business seminar Tuesday in celebration of Indiana Small Business Week.

"We are committed to offering opportunities to Gary residents who start and run, or who have current businesses. Those businesses need to fit with our vision for the future," Campbell told the dozens of current and potential business owners who attended the seminar at City of Gary Annex, 839 Broadway.

The seminar organized by the U.S. Small Business Administration Indiana District Office in Indianapolis brought together speakers to explain how lenders provide business loans, how to get help writing a business plan and how to sell products to government agencies such as the Indiana Department of Transportation.

Regional director of the Northwest Indiana Small Business Development Center Lorri Feldt said the agency serves Lake, Porter, LaPorte, Starke, Pulaski, Jasper and Newton counties and works with small business owners and startup entrepreneurs.

Free one-on-one business counseling begins the process of using the NW-ISBDC, she said. Other services include monthly workshops, such as Launch ones Own Business and QuickBooks, providing valuable, high quality demographic data and connecting people with resources throughout the area.

To obtain the necessary financing or capital to open and sustain a business requires a detailed business plan, Feldt said.

"This is like a game plan for a sports team," she said.

Marty Anderson, lead economic development specialist with the U.S. SBA Indianapolis office, said the SBA helps small business owners through the 7(a) Loan Program and the 504 Certified Development Company loan program.

"There are three C's of the SBA – counseling, capital and contracting. We provide the public with mentoring, which is the counseling; access to capital and government procurement," he told the group.

"Remember there are no grants for startups and to expand the business. What one get is a loan," Anderson warned the group.

"The SBA's role is primarily a guarantor of business loans made by financial institutions," he said. "They are always 100 percent on the hook for the loan because we are using taxpayer dollars."

For those with credit problems or no credit history, microloans can be an alternative to obtain startup capital to open a business and to repair credit ratings, said Kyle Johnson, a lending team manager from Accion Chicago.

Accion clients haven't been able to obtain loans from banks because of low credit scores or no credit history, he asid.

"We've been lending for five years in Lake and Porter counties. We are more flexible on requirements (than standard financial institutions). As long as we can see what's on their credit report, we can work with them," Johnson said.

"Our interest rates range from 10 percent to 18 percent. It's not as low as a bank, but it's lower than a credit card," he said.

About Start up Business Loans
As commercial loan brokers, our mission is to provide our clients with the highest quality of service and efficiency. We provide our clients with extensive loan processing by experts on our quick, simple and safe process, while closing loans faster than anyone else. Here at Biz4Loans, the customer is our top priority.

Who We Are

Biz4Loans is a California-based loan company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients.

Entrepreneurship Advocates

"Entrepreneurship is living a few years of the life like most people won't, so that one can spend the rest of their life like most people can't. " – Anonymous

We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities.

At Biz4Loans , we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. For more info visit http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The difficulties faced by small businesses in getting bank finance are well documented. Government initiatives to tackle the problem, such as Funding for Lending, are simply not having the required impact. We wait to hear how measures announced in the Queen’s speech to improve access to finance will be targeted

Fresno, CA -- (SBWIRE) -- 08/14/2014 -- Rather than waiting for the government, or banks, to find the means and the money to help more small businesses, a crowd of small businesses has sprung up with a solution. They provide loans to other small businesses. The loans are fair and responsible, and it's as simple as that. Some 'sprung up' many years ago – but they have never been more needed. And as small businesses themselves, they are perfectly placed to understand what is needed, and provide a quick, tailored response.

These small businesses are known as CDFIs (community development finance institutions). They use loans, grants and investments to provide loans to entrepreneurs, SMEs and social enterprises that are unable to get finance elsewhere.

Lisa Greenhalgh of Merseyside Special Investment Fund, a Liverpool-based CDFI says, 'Many people with good business ideas and existing small businesses that need funding to grow continue to be turned down for finance by traditional lenders. In many instances this is due to factors such as insufficient track record, poor credit scores or plans which lenders feel are too risky. Also, regardless of the opinion of their bank manager, national bank policies may impact the lending decision, such as sector exposure.

'CDFI's are much more flexible and fill this funding gap, providing a vital source of finance without which many businesses would not be up and running or expanding.'

In fact, 8,400 small businesses are up and running thanks to getting a CDFI loan last year. Over sixty CDFIs operate around the country. And as Ian Smallwood of Let's Do Business Group in Hastings points out, small can be beautiful: 'One great benefit is that CDFIs tend to be local and operate in the same environment as the businesses that are applying for finance. Their staff know and understand the local economy, the positives and the negatives. They often have the ability to refer or signpost to other sources of finance that may be available locally.'

CDFIs are independent, and are focused on supporting local businesses, local jobs and the local economy. So they can be flexible in their approach, helping to match fund alongside banks or crowdfunders, providing the full funding – up to £100,000 in some cases – or just giving advice and support. There certainly isn't a culture of 'computer says no'.

Neil Millington of First Enterprise Business Agency in Nottingham adds, 'A CDFI is more approachable, willing to listen and support the proposal and find a way to help a business not find a way not to help. We have a great knowledge of the SME sector and do not adopt a blanket approach with all propositions we assess each case individually on its own merits.'

CDFIs may be small but they're also ambitious. Many are expanding the range of products and services they offer and are keen to help more businesses.

Jessie Singh, director of the Biz4loans, delivered that message to lead off the small business seminar Tuesday in celebration of Indiana Small Business Week.

"We are committed to offering opportunities to Gary residents who start and run, or who have current businesses. Those businesses need to fit with our vision for the future," Campbell told the dozens of current and potential business owners who attended the seminar at City of Gary Annex, 839 Broadway.

The seminar organized by the U.S. Small Business Administration Indiana District Office in Indianapolis brought together speakers to explain how lenders provide business loans, how to get help writing a business plan and how to sell products to government agencies such as the Indiana Department of Transportation.

Regional director of the Northwest Indiana Small Business Development Center Lorri Feldt said the agency serves Lake, Porter, LaPorte, Starke, Pulaski, Jasper and Newton counties and works with small business owners and startup entrepreneurs.

Free one-on-one business counseling begins the process of using the NW-ISBDC, she said. Other services include monthly workshops, such as Launch ones Own Business and QuickBooks, providing valuable, high quality demographic data and connecting people with resources throughout the area.

To obtain the necessary financing or capital to open and sustain a business requires a detailed business plan, Feldt said.

"This is like a game plan for a sports team," she said.

Marty Anderson, lead economic development specialist with the U.S. SBA Indianapolis office, said the SBA helps small business owners through the 7(a) Loan Program and the 504 Certified Development Company loan program.

"There are three C's of the SBA – counseling, capital and contracting. We provide the public with mentoring, which is the counseling; access to capital and government procurement," he told the group.

"Remember there are no grants for startups and to expand the business. What one get is a loan," Anderson warned the group.

"The SBA's role is primarily a guarantor of business loans made by financial institutions," he said. "They are always 100 percent on the hook for the loan because we are using taxpayer dollars."

For those with credit problems or no credit history, microloans can be an alternative to obtain startup capital to open a business and to repair credit ratings, said Kyle Johnson, a lending team manager from Accion Chicago.

Accion clients haven't been able to obtain loans from banks because of low credit scores or no credit history, he asid.

"We've been lending for five years in Lake and Porter counties. We are more flexible on requirements (than standard financial institutions). As long as we can see what's on their credit report, we can work with them," Johnson said.

"Our interest rates range from 10 percent to 18 percent. It's not as low as a bank, but it's lower than a credit card," he said.

About Start up Business Loans
As commercial loan brokers, our mission is to provide our clients with the highest quality of service and efficiency. We provide our clients with extensive loan processing by experts on our quick, simple and safe process, while closing loans faster than anyone else. Here at Biz4Loans, the customer is our top priority.

Who We Are

Biz4Loans is a California-based loan company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients.

Entrepreneurship Advocates

"Entrepreneurship is living a few years of the life like most people won't, so that one can spend the rest of their life like most people can't. " – Anonymous

We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities.

At Biz4Loans , we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. For more info visit http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

If you pay any attention to the industry press, it sure looks that way. The recent commitment by Wells Fargo Bank to lend $100 billion (and yes, that’s with a ‘B’) to small businesses in the United States by 2018 is a bold move for one of the biggest traditional lenders. It would appear that there are some traditional lenders (Wells Fargo WFC +0.42% for example) for whom the light bulb has clicked on and they’ve remembered the important role small business plays in creating jobs and growing the economy.

Fresno, CA -- (SBWIRE) -- 08/14/2014 -- We say that because access to capital from traditional sources has fundamentally dried up for small business since the start of the recession. Small business has taken a beating and this news from Wells Fargo is good news in my opinion.

"Right now one of the most important things we can do is grow the small business segment, not just for our bank but from the standpoint of the economy," said Jim Malcolm, Wells Fargo's northeast small business strategy director. "This is where we are seeing a lot of growth and where we want to encourage growth and success among smaller businesses that are getting started."

Wells Fargo isn't the only traditional lender that is recognizing that the market is changing either; BBVA Compass recently inked a partnership agreement with online alternative lender OnDeck to help borrowers who might not fit their normal loan criteria, but still need to borrow capital. BBVA also recently purchased the online lender start-up Simple to help them streamline the lending process, turn loan applications faster, and help make less-than-perfect borrowers profitable. Along with poaching some of the top digital bankers in the country, BBVA Compass is demonstrating they are serious about small business lending.

"Our goal is to help clients and prospective clients feel more in control of their financial lives," said Jeff Dennes, the new head of Digital Banking at BBVA.

Although the new digital push Dennes and his team are focusing on includes a number of consumer banking initiatives, We suspect the future also includes streamlining how they work with small business owners too.

We recently sat down with Stephen Sheinbaum, President and CEO of Merchant Cash & Capital (MCC), one of the leading alternative funders, to talk about the trends we think many of us are recognizing within the space. MCC is on the Lendio platform and Sheinbaum is one of the guys whose opinion regarding alternative funding sources and small business financing I've come to appreciate over the years.

If we're not familiar with MCC, since 2005 they've funded over $680 million through more than 30,000 transactions—nothing to shake a stick at.

When we asked him about his perspective of the current small business loan market he said, "We're experiencing the culmination of the last several years where traditional banks have been extremely unwilling or unable to serve the small business community."

We both agreed that small business is really the job creation engine within the U.S. economy, accounting for roughly 50 percent of jobs and 74 percent of new job creation. To fill a void left by traditional lenders over the last few years, the better financed and more sophisticated non-bank lenders have helped streamline the small business loan process, put millions of dollars into the hands of business owners, and improved the borrowing experience. No wonder traditional lenders like BBVA Compass are leveraging the partnerships and buying the online players they are. They see the writing on the wall.

"What we're seeing in all this news is free-market forces doing what they're supposed to be doing," said Sheinbaum. "Forward-thinking traditional bankers are looking at the platforms that profitably provide great service to the borrower to understand more about the technology non-bank lenders are using and how they (the bankers) can improve their customer experience."

That said there's a lot more to the success of non-bank financers like MCC. Sheinbaum suggests traditional lenders and non-bank lenders look at some of the lending fundamentals differently, like:

- The borrowing experience

- The way banks and non-banks score borrowers

- The ability to make quick decisions

- The more streamlined paper trail associated with a loan application

- In fairness to the bank, much of the things small business borrowers dislike about the small business loan process is the result of regulation—restrictive regulation that keeps capital out of the hands of small business owners.

Additionally, Sheinbaum suggests, "Large banks just aren't nimble enough to do what alternative lenders are doing. Non-bank financial institutions, like MCC and OnDeck are simply able to provide a more expedited experience for the small business borrower. Most transactions at MCC are funded within hours or days as opposed to weeks or months at a traditional bank."

Jessie Singh, director of the Biz4loans, delivered that message to lead off the small business seminar Tuesday in celebration of Indiana Small Business Week.

"We are committed to offering opportunities to Gary residents who start and run, or who have current businesses. Those businesses need to fit with our vision for the future," Campbell told the dozens of current and potential business owners who attended the seminar at City of Gary Annex, 839 Broadway.

The seminar organized by the U.S. Small Business Administration Indiana District Office in Indianapolis brought together speakers to explain how lenders provide business loans, how to get help writing a business plan and how to sell products to government agencies such as the Indiana Department of Transportation.

Regional director of the Northwest Indiana Small Business Development Center Lorri Feldt said the agency serves Lake, Porter, LaPorte, Starke, Pulaski, Jasper and Newton counties and works with small business owners and startup entrepreneurs.

Free one-on-one business counseling begins the process of using the NW-ISBDC, she said. Other services include monthly workshops, such as Launch ones Own Business and QuickBooks, providing valuable, high quality demographic data and connecting people with resources throughout the area.

To obtain the necessary financing or capital to open and sustain a business requires a detailed business plan, Feldt said.

"This is like a game plan for a sports team," she said.

Marty Anderson, lead economic development specialist with the U.S. SBA Indianapolis office, said the SBA helps small business owners through the 7(a) Loan Program and the 504 Certified Development Company loan program.

"There are three C's of the SBA – counseling, capital and contracting. We provide the public with mentoring, which is the counseling; access to capital and government procurement," he told the group.

"Remember there are no grants for startups and to expand the business. What one get is a loan," Anderson warned the group.

"The SBA's role is primarily a guarantor of business loans made by financial institutions," he said. "They are always 100 percent on the hook for the loan because we are using taxpayer dollars."

For those with credit problems or no credit history, microloans can be an alternative to obtain startup capital to open a business and to repair credit ratings, said Kyle Johnson, a lending team manager from Accion Chicago.

Accion clients haven't been able to obtain loans from banks because of low credit scores or no credit history, he asid.

"We've been lending for five years in Lake and Porter counties. We are more flexible on requirements (than standard financial institutions). As long as we can see what's on their credit report, we can work with them," Johnson said.

"Our interest rates range from 10 percent to 18 percent. It's not as low as a bank, but it's lower than a credit card," he said.

About Start up Business Loans
As commercial loan brokers, our mission is to provide our clients with the highest quality of service and efficiency. We provide our clients with extensive loan processing by experts on our quick, simple and safe process, while closing loans faster than anyone else. Here at Biz4Loans, the customer is our top priority.

Who We Are
Biz4Loans is a California-based loan company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients.

Entrepreneurship Advocates
"Entrepreneurship is living a few years of the life like most people won't, so that one can spend the rest of their life like most people can't. " – Anonymous

We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities.

At Biz4Loans , we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles.

For more info visit http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Small businesses are the backbone of the nation’s economy. Yet many fail in the first two to three years because they are under capitalized and their owners don’t know how to run a business.

Fresno, CA -- (SBWIRE) -- 06/04/2014 -- Jessie Singh, director of the Biz4loans, delivered that message to lead off the small business seminar Tuesday in celebration of Indiana Small Business Week.

"We are committed to offering opportunities to Gary residents who start and run, or who have current businesses. Those businesses need to fit with our vision for the future," Campbell told the dozens of current and potential business owners who attended the seminar at City of Gary Annex, 839 Broadway.

The seminar organized by the U.S. Small Business Administration Indiana District Office in Indianapolis brought together speakers to explain how lenders provide business loans, how to get help writing a business plan and how to sell products to government agencies such as the Indiana Department of Transportation.

Regional director of the Northwest Indiana Small Business Development Center Lorri Feldt said the agency serves Lake, Porter, LaPorte, Starke, Pulaski, Jasper and Newton counties and works with small business owners and startup entrepreneurs.

Free one-on-one business counseling begins the process of using the NW-ISBDC, she said. Other services include monthly workshops, such as Launch ones Own Business and QuickBooks, providing valuable, high quality demographic data and connecting people with resources throughout the area.

To obtain the necessary financing or capital to open and sustain a business requires a detailed business plan, Feldt said.

"This is like a game plan for a sports team," she said.

Marty Anderson, lead economic development specialist with the U.S. SBA Indianapolis office, said the SBA helps small business owners through the 7(a) Loan Program and the 504 Certified Development Company loan program.

"There are three C's of the SBA – counseling, capital and contracting. We provide the public with mentoring, which is the counseling; access to capital and government procurement," he told the group.

"Remember there are no grants for startups and to expand the business. What one get is a loan," Anderson warned the group.

"The SBA's role is primarily a guarantor of business loans made by financial institutions," he said. "They are always 100 percent on the hook for the loan because we are using taxpayer dollars."

For those with credit problems or no credit history, microloans can be an alternative to obtain startup capital to open a business and to repair credit ratings, said Kyle Johnson, a lending team manager from Accion Chicago.

Accion clients haven't been able to obtain loans from banks because of low credit scores or no credit history, he asid.

"We've been lending for five years in Lake and Porter counties. We are more flexible on requirements (than standard financial institutions). As long as we can see what's on their credit report, we can work with them," Johnson said.

"Our interest rates range from 10 percent to 18 percent. It's not as low as a bank, but it's lower than a credit card," he said.

About Start up Business Loans
As commercial loan brokers, our mission is to provide our clients with the highest quality of service and efficiency. We provide our clients with extensive loan processing by experts on our quick, simple and safe process, while closing loans faster than anyone else. Here at Biz4Loans, the customer is our top priority.

Who We Are

Biz4Loans is a California-based loan company with an exciting new way of quickly closing commercial loans for businesses small and large. With a customer-centric focus and a high standard for quality service, we embrace new technology to pass cost savings on to our business clients.

Entrepreneurship Advocates

"Entrepreneurship is living a few years of the life like most people won't, so that one can spend the rest of their life like most people can't. " – Anonymous

We believe entrepreneurship to be one of the most rewarding journeys that a person can pursue and that no two entrepreneurs are the same. Some seek a better life for themselves and their families while others take on the risk in pursuit of independence. Whether it is a small town where everyone knows each other or a big city that never sleeps, every community relies on entrepreneurs to create and provide jobs and to usher in new possibilities.

At Biz4Loans , we understand the challenges that entreprenuers face in financing their venture. We also understand that a startup entrepreneur frequently has to wear many different hats while her company is getting off the ground. This is why we provide a quick, convenient, and detail-oriented process that achieves results without unnecessary delays or obstacles. For more info visit http://www.biz4loans.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm