bank Archives - Intrepid Private Capital Group Financial News Blog

6 Things to Consider When Applying for a Hard Money Loan

Hard money loans offer a quick and easy financing solution for real estate businesses. They are classified as bridge loans that, like other bridge loans, are used to temporarily fill a gap in financing. Hard money loans, though, are typically used for real estate transactions. There are several things you should consider when applying for…

Don’t Forget Your Financial Statements When Applying for a Business Loan

Many entrepreneurs apply for a business loan, only for the lender to reject their application. Statistics, in fact, show that the approval rate for business loans offered by big banks is just 15%. Alternative lenders have a higher approval rate of 27%. Regardless, not all business loan applications are approved. If you’re planning to apply…

What Is Second-Stage Funding?

Businesses of all shapes and sizes often require financing. Startups may require financing to hire employees and purchase equipment, whereas established businesses may require financing to grow and expand their operations. Fortunately, there are different types of funding to meet the unique needs of businesses. In addition to seed funding, for instance, there’s second-stage funding….

Do SBA Loans Require a Personal Guarantee?

Research shows that nearly one-third of all small businesses fail due to insufficient capital. If your business is running low on funds, you may want to consider a Small Business Administration (SBA) loan. Available at participating lenders, they are partially guaranteed by the SBA. They offer a convenient form of debt financing. Rather than jumping…

Private Equity Financing: 3 Things You Need to Know

Both public and private businesses can take advantage of equity financing. If your business is traded on the stock market, you can raise capital through the issuance of new shares — a process knowing a share offering or simply an offering. Even if your business isn’t traded on the stock market, though, you can still…

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…

5 Benefits of Accounts Receivable Financing

Accounts receivable financing has become a popular alternative to traditional business loans. It allows businesses to leverage their outstanding invoices for financing. You can use your business’s outstanding invoices to secure accounts receivable financing. The lender will loan you money based on the value of these invoices, and you can use this money to grow…

Can You Use Your 401(k) to Finance a Business Idea?

If you have a 401(k), you might be wondering whether you can use it to finance a business idea. A 401(k), of course, is an employer-sponsored retirement account. You can deposit money into your 401(k), and depending on how it’s set up, your employer may match these deposits. Rather than using it for retirement, though,…

5 Essential Qualities to Look for in an Angel Investor

Are you trying to secure financing from an angel investor? Research shows that angel investors provided more than $25 billion in financing in 2020. By partnering with an angel investor, you can obtain financing to get your business up and running. Angel investors don’t loan out money; they invest in startups through an equity purchase….

Working Capital vs Net Working Capital: What’s the Difference?

Working capital and net working capital are two common financial terms used in accounting. Whether you’re trying to obtain a loan for your business, or if you’re simply hoping to improve your business’s cash flow, you may want to evaluate your business’s working capital and net working capital. Doing so will give you a better…

The Beginner’s Guide to Factoring Loans and How They Work

A traditional bank loan isn’t the only way in which you can finance your business. There are alternative financing solutions available, one of which is a factoring loan. Factoring loans have become increasingly popular. If your business has accounts receivables, you may want to consider a factoring loan. It can provide your business with the…

How Credit Inquiries Affect Your Personal Credit Score

Maintaining a good personal credit score can open the doors to a world of new financing possibilities. Whether you’re looking to obtain a mortgage, a car loan or even a business loan, lenders may evaluate your personal credit score. Late payments, however, aren’t the only thing that can negatively affect your personal score. Running too…