May 2018 - Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

What Is Bridge Funding?

Bridge funding, also known as bridge financing, is a form of temporary, intermediate funding intended to cover a business’s short-term expenses until long-term funding is secured. If a business owner needs money fast so that he or she can continue their business’s operations, a bridge loan may be a viable option. However, it’s important for…

What Is Hard Money?

The term “hard money” refers to a type of funding in which a business or entrepreneur borrows money from a private lender, that is secured with real property as collateral. Because it’s a private form of funding, it doesn’t have the same stringent requirements or long approval times as traditional bank-issued loans. However, there are…

What is Working Capital in Business?

Working capital is a key metric of a business’s financial health. By calculating this metric, business owners can weigh their assets versus their liabilities to gain insight into their finances. Unfortunately, many business owners ignore working capital and, instead, focus on other metrics like gross sales or gross profits. By familiarizing yourself with working capital,…

Need Funding for a Business? Here’s How Startup Funding Works

Starting a business requires more than just skills and motivation; it also requires money. According to a study cited by the U.S. Small Business Administration (SBA), entrepreneurs spend an average of $30,000 to get their new business off the ground. So, if you’re thinking about starting your own company and need funding for a business,…