Commercial loan interest rates fluctuate due to various factors, including economic conditions and shifts in the federal funds rate. Over the past several months, the commercial mortgage market has experienced some volatility as the Federal Reserve has adjusted the interest rate to control inflation.
As of January 10, 2025, the average interest rate for a 5-year commercial mortgage loan is
Some lenders offer business loans with EIN only, meaning they evaluate the business’s credit history rather than the owner’s personal credit. This approach benefits business owners who want to separate personal and business finances or have less-than-perfect personal credit. While not all lenders provide this option, alternative business financing providers and online lenders may consider applications based solely on business
Manufacturing business loans are specialized financial products tailored to meet the unique capital needs of businesses in the manufacturing industry. These loans provide access to funding for purchasing manufacturing equipment, managing cash flow, expanding production capacity, or financing large projects. Unlike general-purpose loans, manufacturing loans often account for the sector’s reliance on costly machinery and raw materials, offering flexible terms
Business loans tailored to a meat processing and food business can be a game-changer for butcher shop owners looking to expand or overcome financial challenges. Butcher shop loans provide the capital needed for equipment upgrades, inventory increases, or improvements to physical locations. With the right funding, you can innovate, adapt to the market’s requirements, and maintain a competitive edge.
By leveraging your EIN, you can separate your personal and business finances while building your company’s credit profile. This makes sense for financial reporting and opens up some potential funding opportunities.
Staffing agencies provide temporary and temp-to-hire staff for businesses to fulfill a specific job. Most staffing firms pay their employees weekly or biweekly, but most clients pay their invoices on 30, 45, or 60-day intervals.
The gap between making payroll and receiving payment puts many staffing businesses in a cash flow bind. Staffing factoring, which is selling unpaid invoices or
The US Small Business Administration (SBA) oversees various loan packages called SBA loans. While most loans are for business growth and development, SBA disaster loans are explicitly for businesses facing economic hardship due to a natural disaster.
The US Small Business Association enables some lenders to offer SBA loans, considered the gold standard of small business financing. While most SBA loans are designed for established businesses, SBA Microloans are intended explicitly for startups and new business owners.
The SBA microloan could be a valuable option if you’re an aspiring entrepreneur or a new business owner and need
Small business owners have many loan options to support their company, but the coveted SBA loans are the most advantageous financing arrangements. Backed by the Small Business Administration, these loans provide large borrowing amounts at the most favorable rates and terms.
However, the qualification process is the biggest challenge and mystery surrounding the loan program. Many potential borrowers struggle to
Sometimes businesses technically have the revenue to cover expenses, but it’s tied up in accounts receivable. Unpaid invoices are almost like unsold inventory – the value is in the asset rather than liquid capital you can spend on the business. And just like unsold inventory, the longer it goes, the less profitable it becomes, as you still have daily expenses.
Fraud Disclosure:
Please be aware that individuals have been fraudulently misrepresenting to business owners (and others) that United Capital Source, Inc. (“UCS”) can assist small businesses in receiving government grants and other forgivable business loans, when in fact those grants or loans do not exist or are not available. These individuals have ulterior motives and are engaging in the unauthorized use of the names, trademarks, domain names, and logos of UCS in an attempt to commit fraud upon unsuspecting small business owners.
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