Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

4 Steps to Take Before Applying for a Hard Money Loan

Hard money loans have become a popular form of alternative financing. When compared to traditional bank loans, they are typically faster and easier to obtain. Hard money loans are secured loans offered by alternative lenders that, like all forms of secured financing, require collateral. If you’re thinking about using a hard money loan to finance…

Continue Reading

5 Things That Can Hurt Your Business Credit Score

Not all credit bureaus specialize in consumer credit reporting services. Some of them offer services to businesses. Dun & Bradstreet, Experian and Equifax, for instance, all offer credit reporting services for businesses. If you’re trying to obtain a loan or any other form of debt-based financing, you should be conscious of your business credit score….

Continue Reading

1

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…

Continue Reading

The Time to Refinance Is Now — Interest Rates Are Low

There’s never been a better time to refinance. Over the past six months, banks and private lenders alike have slashed their interest rates. If you have one or more business loans, you should consider taking advantage of the market’s historically low interest rates by refinancing. Lenders won’t offer these low interest rates forever. Rather, they’ll…

Continue Reading

What Credit Score to Lenders Look Use When Applying for a Business Loan?

When applying for a business loan, you might be wondering what credit score lenders use. Most lenders don’t blindly offer money to businesses. They want to know that businesses can pay them back, so lenders evaluate their credit score during the application process. Businesses with a high credit score are more likely to get approved…

Continue Reading

Lending Opportunities in the Era of COVID-19

Are you trying to secure financing for your business? Since making landfall at the beginning of 2020, the novel coronavirus (COVID-19) has shuttered businesses throughout the United States. Local and state governments have forced many nonessential businesses to close. Combined with decreased consumer confidence, many businesses are now struggling to stay afloat. There are financial…

Continue Reading

how to qualify for a business loan

How to Qualify for a Business Loan

Just because you apply for a business loan, there’s no guarantee that you’ll get approved for it. According to research cited by Small Business Trends, banks only approve about one-quarter of all small business loan applications. It can be frustrating when you spend time and energy applying for a loan, only for the lender to…

Continue Reading

what are microloans

What are Microloans? How do these Types of Loans Work?

Microloans are a popular funding alternative to traditional bank loans. If you’re struggling to get approved for a bank loan, you may want to consider a microloan. Because they involve smaller amounts, they are typically easier to acquire. For more information on what are microloans and how they work, continue reading. What are Microloans? How…

Continue Reading

what is asset based lending

What is Asset Based Lending?

Asset based lending is a method of funding in which a borrower obtains money or credit by using assets as collateral. Because it’s secured by collateral, it’s easier to obtain than traditional, unsecured loans; thus, making it a popular funding option or entrepreneurs and owners of startup businesses. To learn more about what is asset…

Continue Reading

how does an equipment lease buyback work

How Does an Equipment Lease Buyback Work?

Equipment plays a fundamental role in the success of many companies, especially construction companies. From bulldozers and excavators to forklifts and hydraulic power tools, construction companies rely on equipment such as this to perform their day-to-day operations. Along with the functional benefits it provides, equipment can also be a source of funding via a lease…

Continue Reading

bridge loan vs mezzanine loan

Bridge Loan vs Mezzanine Loan

Bridge loans and mezzanine loans are two common financing options available for small businesses and entrepreneurs. They are both used for short-term financing, offering immediate cash when you need it most. However, there are also some key differences between a bridge loan vs mezzanine loan. So, let’s dive into the differences between these loan types…

Continue Reading

1 2
Follow on Feedly
Show Buttons
Hide Buttons