Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

LLC vs PLLC: What’s the Difference Between These 2 Business Structures?

When researching some of the different business structures, you may encounter limited liability companies (LLCs) and professional limited liability companies (PLLCs). In addition to S-corps and C-corps, they are the two of the most common business structures used in the United States. LLCs and PLLCs aren’t the same, however. They are two unique business structures…

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An Introduction to Debt Consolidation Loans for Businesses

How much debt does your business have? Debt isn’t limited to consumers. Many businesses carry debt as well. A study conducted by Experian — one of the country’s leading credit bureaus — found that small businesses have nearly $200,000 of debt on average. Whether your business has more or less debt, however, you might be…

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How Does a Business Line of Credit Work?

Money is essential when running a business. No matter what types of products or services your business sells, its success is dependent upon cashflow. With money, you can buy inventory, equipment, machines, advertising, and you can hire employees. Fortunately, there are a variety of financing options available, one of which is a business line of…

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An Introduction to Peer-to-Peer (P2P) Lending and How It Works

Peer-to-peer (P2P) lending has become a popular form of alternative financing for businesses. According to MarketWatch, the U.S. P2P lending industry exceeded $68 billion in 2019. And since then, it’s only grown larger. As a business owner, though, you might be wondering how P2P lending works. An Introduction to Peer-to-Peer (P2P) Lending and How It…

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5 Things You Need to Do Before Applying for a Business Loan

Are you planning to apply for a business loan? Loans offer a convenient and easy form of financing. When you obtain a loan, you’ll get money with which you can use to finance your business’s operations. Whether you’re applying for a loan from a bank or private lender, though, there are a few things you…

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What Is a Merchant Cash Advance Loan?

Countless businesses use loans to finance their operations. During the startup stage, many businesses lack the capital needed to procure goods and services. As a result, they seek loans from banks or private financial institutions. There are several types of loans, however, one of which is a merchant cash advance. What is a merchant cash…

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What Are the Benefits of Mezzanine Financing?

Have you heard of mezzanine financing? It’s a unique form of business financing that combines the properties of debt and equity financing. Real estate companies, for example, often use mezzanine financing to secure money for the purchase of new properties. Other businesses use mezzanine financing as well. Regardless of your business, though, you might be…

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Credit Card vs Line of Credit: What’s the Difference?

Many businesses use credit to pay for expenses associated with their operations. Credit, of course, is the ability to borrow money. It comes with the obligation of repayment. When you use credit to finance your business, you’ll have to repay the financial institution. Not all forms of credit are the same, however. There are credit…

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SBA Releases Simplified Application for PPP Loan Forgiveness

The U.S. Small Business Administration (SBA) has released a new simplified application for Paycheck Protection Program (PPP) loans with a value of $50,000. The new application makes it easier for businesses to apply for forgiveness. It has fewer fields and requires less information. If you obtained a PPP loan but haven’t yet applied for forgiveness,…

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Equity vs Debt Offering: What’s the Difference?

Companies often raise capital through offerings. When a company needs money to further grow its operations, it may look towards an offering. There are several types of offerings, however, including equity and debt. While they can both be used to raise capital, they aren’t the same. Equity and debt offerings work in different ways. What’s…

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What Are the Best Business Loans If You Have Bad Credit?

Obtaining financing is often a struggle for entrepreneurs with bad credit. Lenders use credit scores for risk assessment purposes. When an entrepreneur applies for a business loan, the lender will look at his or her credit score. With bad credit, the lender will likely deny the entrepreneur of a loan, believing he or she won’t…

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Are Business Loans Tax Deductible?

Taxes are one of the biggest expenses you’ll encounter when running a business. Assuming your business is profitable, you’ll have to pay taxes. The good news is that you can often claim write-offs to minimize your business’s tax liabilities. If you buy a product or service that is considered essential to your business’s money-making activities,…

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