Slim asked:


however I need to come up with a $50,000.00 down payment. I’m into my 3rd year of business and its a 5yr/5yr lease. Meaning I can choose to renew the lease for five more years once the first five are up. Anyways, is it possible to get a small business loan or some kind of loan. I don’t own a house and the business makes about $45,000.00 and I make about
$35,000 as well. What should I do, I’ll have it made if I can get this building !

Small Business Loans * Discount Factoring * Small Business Loan * Small Business Credit For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

ashleyvictoria19 asked:


My background is in financial services and financial planning, but I have never worked for a non-profit before. Also, I am hoping to get a small business loan to get started, as I have no savings to fund the start-up. Is this possible for a non-profit? I also need some help with determining what I need to do to start a company like this. Are there any franchise-type opportunities in the non-profit sector? Specifically in the financial industry? I know little about non-profits and was hoping someone could give me some insight on the things I should look for and do research on in order to help get me started. Thanks!

Small Business Loans * Discount Factoring * Small Business Loan * Small Business Credit For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

anonymous asked:


If you have or want to start a small business, getting a small business loan will help ensure your success. While some people have the money to invest into their small business, many others do not have the capital available to allow their ideas to develop unless they get a small business loan. While it can be hard to get a small business loan, it can be done. There is a risk involved with lending to people who are starting small businesses because the majority of small businesses end up failing within two to five years. As a matter of fact, when you apply for a business credit card, many places will require your business to have been incorporated for at least two to three years before giving you credit under your company’s name.

Now if you have good personal credit, especially if you have great personal credit scores above 750, it will be entirely possible for you to get a loan for your business in your own name. The problem with this is that the loan will appear in your personal credit report, which can help to bring down your personal score since it is a brand new loan-even more so if you are ever late on it. However, if this is the only way you can get capital for your business, it may be worth the personal score hit. Small businesses are becoming more common and, the more common they become; it will be easier for you to get a loan. Most major banks now give small business loans to their customers. As a matter of fact, when you open a bank account for your business many will try to solicit you into applying for a business credit card or a loan.

For those who cannot get a small business loan on their own, because they might be a little bit more risky for the bank, they can try to seek assistance through the small business administration (SBA). The problem is that many people do not understand how the SBA works. Many of them falsely believe that the SBA will actually lend you the money, which is really not true. What the SBA will do for you, to help you obtain a small business loan, is guarantee that loan for the lender so that, if you default, they will pay the lender a percentage of your balance.

The bad news is that this cannot guarantee you will get a small business loan. The reason is because many lenders will still assess how risky you are, since the SBA will often only pay a percentage of the loan-which usually does not include the interest you may have incurred and any other fees. They know that if you pay the loan then they are likely to get all of their money, whereas they might have to settle with the SBA for a particular amount-leaving them with little to no profits.

In any event, seeking help from the SBA seems less risky, since they will have something to fall back on if you don’t pay your small business loan or if your company goes down to the tubes.

All in all, if you can get a small business loan, it can really help you grow and expand your business and will provide you with additional capital to help keep your cash flow open. Just make sure that you don’t take up a loan that is too large and you are unable to pay back, otherwise you could be end up spending all of your profit and leave none for yourself and your business.



Small Business Loans * Discount Factoring * Small Business Loan * Small Business Credit For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

cpl_fulks_wife asked:


My credit score is horrible,….517 to be exact. Is there even a chance that anyone would give me a small business loan??

Small Business Loans * Discount Factoring * Small Business Loan * Small Business Credit For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

James Banks asked:


An entrepreneur is not the type of person you find everywhere because not everyone has got the guts and determination to turn a startup business into a prosperous one. This type of person not only needs endurance and intelligence, but money as well; that is when a small business loan comes in.

- Small Business Loan -

There are always two parties in any business. Two sides of the counter: “You”, the provider and “they”, the consumers. It might not be easy to digest, but the way to get the best results is to identify an unsatisfied need in “them”, the public. Then, “you” create or choose a product to satisfy that need. Although it may sound simple, it is not. The market will show you that people make decisions based on emotions and not on knowledge. Why is this important? It is simple: today’s topic is small business loan, and how to prepare yourself to get one to start up the business of your dreams. Business owners sometimes stop being entrepreneurs and become regular people; taking on a small business loan for something they want and not what the company needs.

- Tips for Getting that Small Business Loan -

One of the first things is to accumulate information. Look into statistics, general response from the public and marketing strategies. Try also to sketch a budget plan as backup in case of an eventuality that will show the lenders you are prepared for everything, and that you are also a well organized, somebody to trust with money, and who will certainly end up paying on the scheduled time.

When the time comes to apply for your small business loan, make your presentation as neat and clear as possible. Act as if you were the CEO of your Corporation, even before it is a reality. Write down your presentation and learn it by heart. Use notes, graphs, pie-charts and anything that can help you make your points even clearer as to what your intention is. The main message with this approach is making it clear you are a confident and reliable; that you have the ability to put the small business loan to good use and succeed along the way.

Lenders worry about one thing: if you, as the owner of the business, will be able to pay them on the specified time, and that you will not have obstacles along the way.

- Sell your idea as a profitable business to get the small business loan -

The one thing you should never do is ask for “help”. That small word is a no-no. Offer the lenders of the small business loan a partnership. It may have the format of a loan when you get down to the paperwork, but in essence, is a partnership. Make sure to keep the greater percentage of the business for yourself. The decision-making must be all yours. The capital can come from anywhere, but the business should always be yours as it is your idea and creation.

You have the know-how and you have to show the small business loan lender that is the case. The more you know about the trade, the better and easier it will be for you to get the small business loan and the higher your chances of succeeding will be.

- Feel great and let the lenders notice it -

Organize your business plan and have some copies printed. Present them in a neat folder to the banker or the lender when you finally start searching for the loan. The fact that you have gone into all the trouble of drawing up a business plan will make you feel confident, positive and eventually great. Giving a good impression to your lenders and short-term business “partners” will increase your confidence even more. It will also corroborate to the small business loan lender that you are on the right track and that can make the difference.

Remember to ask yourself all sorts of questions you can come up with and answer them. This is a great way to feel prepare for any unexpected situation when talking to the lenders.

We have different articles on interesting topics and current and former clients’ experiences with our programs. Take a look at the different situations on Small Business Loans and related topics that people can fall into and how to keep yourself a debt free person.

Check these links to learn more:

http://www.commercialdebtcounseling.com/debt/debt-united-states-government-small-business-loans.shtml

http://www.commercialdebtcounseling.com/testimonials.shtml



Small Business Loans * Discount Factoring * Small Business Loan * Small Business Credit For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.