June 2022 - Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

What Is Preapproved Business Loan?

Have you been offered a preapproved business loan? Many banks and other lenders offer them to their clients. Like all loans, preapproved business loans involve borrowing money. You’ll have to repay the bank or lender from which you borrowed the money. Preapproved business loans, however, are typically faster and easier to obtain than many other…

Why You Shouldn’t Use a Home Equity Line of Credit (HELOC) for Business Financing

If your business needs additional capital to cover its operational costs, you may assume that a home equity line of credit (HELOC) is a smart choice. After all, it will allow you to tap into your home’s equity. You can use your home’s equity to secure a HELOC. You can then use this line of…

The Beginner’s Guide to Invoice Discounting

If your business uses invoices to collect payments from customers, you may want to use invoice discounting as a financing solution. It’s not the same as a traditional loan. While invoice discounting does, in fact, involve borrowing money from a lender, it leverages unpaid invoices. You can tap into your business’s unpaid invoices to raise…