Finances Archives - Intrepid Private Capital Group Financial News Blog

The Growing Trend of Accelerators and Incubators: What You Should Know

More and more entrepreneurs are leveraging accelerators and incubators. They enroll in one of these two programs to turn their vision of a profitable business into a reality. There are hundreds of accelerator and incubator programs throughout the world. While their features vary, they all focus on assisting and nurturing entrepreneurs. What are accelerators and…

The Beginner’s Guide to Working Capital Financing

Running a business requires capital. Regardless of what goods or services you intend to sell, you’ll need to secure capital. Research shows that small businesses spend around $40,000 during their first year of operations. With working capital financing, however, you can keep your business afloat. Working capital financing will provide you with the capital needed…

5 Common Myths About Venture Capital Financing

Have you heard of venture capital financing? It’s a form of equity financing that involves the sale of an ownership stake in a given business to an investor. If you need capital to grow your business, you may want to use venture capital financing. You won’t have to take on any new debt, nor will…

What Is Loan Prequalification and How Does It Work?

Getting approved for a loan takes time. Whether you’re applying for a loan from a traditional bank or an alternative lender, you may have to wait several weeks. When running a business, of course, time is of the essence. Your business may not have the luxury of waiting several weeks for fresh capital. Some lenders,…

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 Are Interest Rates on Hard Money Loans?

Hard money loans offer a convenient form of financing for real estate investors and property flippers. You can obtain them from alternative lenders. Like all loans, hard money loans are a form of debt financing. They are distinguished from other types of loans, however, by their use of real property as collateral. As long as…

Personal vs Business Lines of Credit: What’s the Difference?

Are you thinking about applying for a line of credit? Many entrepreneurs use them to finance their businesses. It’s a form of debt financing that’s offered by banks and alternative lenders. With a line of credit, you’ll essentially have access to a revolving credit account with a fixed borrowing limit. There are personal and business…

5 Common Myths About Factoring

Factoring has become a popular form of alternative financing for businesses. Rather than seeking a traditional business loan — or equity financing — some businesses tap into their outstanding invoices. Factoring allows businesses to turn their outstanding invoices into cash. While factoring may sound like a simple enough form of financing, though, there are a…

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….

What’s the Difference Between a Term Loan and Demand Loan?

Millions of entrepreneurs use loans to finance their businesses. A form of debt financing, it provides entrepreneurs with the necessary capital to turn their ideas for a profitable business into a reality. All loans involve borrowing money from a lender. You’ll have to pay back the borrowed amount, typically with interest. But there are different…

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…

6 Best Practices to Follow When Using Business Credit Cards

Do you use one or more business credit cards to finance your business’s operations? Like personal credit cards, they are essentially lines of revolving credit. You can use a business credit card to purchase goods and services up to a given limit. As you pay down the business credit card, you’ll free up some of…