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.
SBA 504 loans – or CDC/504 loans – are a specialized subset of the SBA loan program that provides long-term financing for major fixed assets that promote business growth. 504 loans also require working with Certified Development Companies (CDCs) and a third-party lender (TPL) to process the application and receive funding.
The drawback is that SBA loans also carry the steepest qualification requirements. That becomes even more muddled as there are no exact requirements, and each lender sets their own standards.
If you’re considering SBA 7(a) loans but aren’t sure if you qualify or how to qualify, we can help with this essential guide.
Some truckers use freight factoring to turn unpaid invoices into immediate cash. However, factoring can get expensive, especially with the different companies and terms available.
Unfortunately, new equipment is expensive – especially in the healthcare industry. Many healthcare providers turn to medical equipment financing when they don’t have the capital to pay the total price upfront.
An equipment loan could help your medical practice get the equipment you need and provide the best for your patients. How can your company benefit from a business loan?
Today, we’re going to focus on one of the most important aspects of a business loan: Collateral. When you offer collateral for your small business loan, you’re putting skin in the game, which increases your approval odds.
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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