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.
The main difference between gross revenue and net revenue is that gross revenue accounts for all revenues that come into a business, and net revenue accounts for those same sales, minus any expenses like the cost of goods sold (COGS) that contribute to the production and sale of the product or service.
Small business owners can choose from various working capital loan products to fund their day-to-day business expenses. A working capital loan is often used to cover cash flow shortages during non-peak business times and when the business has some unexpected expenses. Every restaurant owner has experienced these off-season challenges at one time or another.
Most restaurants and eateries don’t have cash available to replace or expand restaurant equipment. Even if you have the cash reserves to purchase the equipment outright, you might want to hold onto that capital for consistent cash flow, other investments, or emergencies.
Many small business owners turn to equipment financing when they need to replace or upgrade business equipment. In
Small business loans are essential for raising the capital to launch or grow your restaurant business. Every successful business owner will likely consider applying for a restaurant loan at one time or another. Before you take one on, you need to understand the pros and cons, how they work, and what to expect when applying. Read on for more details.
Equipment is one of the significant expenses that a contractor may face. Operating a construction/contracting business requires regular equipment upgrades and the addition of more equipment as the business demand requires it. And without the right equipment, your business can falter. If you’re looking at financing for this part of your small business expenses, it’s essential to understand the key
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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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