At some point, most businesses need some sort of financial boost to grow. Business term loans with Common Sense Capital Solutions can be a great option when this financial boost is needed. A term loan provides business owners with a lump sum of money that is paid back at fixed intervals, with interest, over a set period of time. Repayment periods can last from a few months up to 5 years or more and payment schedules can be a weekly, bi-weekly, or monthly basis. Interest rates also vary but can be either fixed or variable.
Business term loans work great for most industries. The key factors for approval are time in business (minimum requirement of 3 months) and average monthly gross revenue (minimum requirement of $10,000). The proceeds from a business term loan can be leveraged for any and every necessary business expense including:
⦁ Purchasing equipment or inventory
⦁ Renovating an existing location or expanding to a new location
⦁ Purchasing real estate
⦁ Hiring new employees
⦁ Working capital
⦁ Refinancing existing debt
With the flexibility and easy access to term loans, they make a great tool for small businesses that want to grow.
Believe it or not, small businesses often bite off more than they can chew with their service contracts. As a contractor, manufacturer, or small business owner, you know that cash is often needed before any work gets started on fulfilling a contract. Because of this, many times the early work on a project comes straight out of contractor’s or manufacturer’s pocket. This can cause major cash flow issues for your business or even worse, it may hinder you for accepting the contract in the first place. If you find yourself with a large contract in place without the resources needed to fulfill it, Common Sense Capital Solutions may have the right solution for you.
Contract financing allows you to leverage the total value of your service contracts to secure immediate business capital. This could potentially be a terrific option of you’re looking to:
⦁ Take on new contracts without stressing your financial resources
⦁ Build brand loyalty by fulfilling obligations as expected
⦁ Increase your production capacity in order to sustain your anticipated growth
By eliminating the delays and headaches caused by cash flow shortages at the start of a project, Common Sense Capital Solutions can help you grow your business. If you think you could benefit from using your contacts as collateral for funding, you should give us a call today.
While financing is a great option that small business owners have at their disposal, many see taking out a loan as difficult or risky. These are reasonable concerns, but there are special kinds of financing that completely avoid these issues. Unsecured business lines of credit are designed to be a highly accessible and safe type of loan. They are beneficial for small business owners because they can be used for unexpected expenses as they appear. The other benefits of a line of credit include:
The biggest way a line of credit is different from a traditional loan is the way it is repaid. Instead of making pre-set payments each month, you only have to pay back a portion of the amount you spent for that month. This means you do not have to make any payments if you do not take advantage of it in a given month. It also means it is much more difficult to accumulate debt with a line of credit.
Common Sense Capital Solutions is dedicated to the success of your small business. One way to achieve success is with unsecured business lines of credit. Give us a call today to learn more about applying for a line of credit.
Financing has always been one of the best tools small business owners have to ensure the success of their business. The only issue is that many small business owners feel they cannot qualify for a loan due to their poor credit score or credit history. This is especially unfortunate because those with a low credit score are often the ones who need financing the most. The solution is the stated income commercial real estate loan. This special kind of financing is designed specifically to be easy to be approved. At Common Sense Capital Solutions, we are committed to helping you get the working capital you need to make your business thrive.
The biggest aspect that is different for stated income loans is the way qualification is determined. Most loans rely on credit, but stated income loans instead rely on income. If your business is making money, chances are good that you could be approved. This means a failed business in your past cannot hold your current successful business back anymore. The other requirement is that your business can cover the insurance, mortgage, and taxes of the loan. Even if you have been denied in the past, turn to Common Sense Capital Solutions if you think you could benefit from a stated income loan.
With financing, there are so many options you have to improve or secure your small business. Some of the most common uses for financing include:
In the modern business world, financing is a more common solution. However, many small business owners see financing as dangerous or inaccessible. Qualifying or repaying the loan can be tricky. However, there is a solution addressing both of these concerns. It is possible to have the Small Business Administration back your loan. This creates many benefits that makes your small business loan look appealing. Common Sense Capital Solutions wants to help you gain approval for the loan you need. Below, you’ll learn more about how you’ll receive working capital from the SBA to ensure the success of your small business.
One of the biggest benefits of the SBA backing your loan is ease of approval. The qualifications are lower. Because of that, less collateral is required. As a result, less paperwork required. Another significant benefit of having a SBA-backed loan is the amount of working capital gained. 7a or 504 programs provide small businesses with an amazing amount of funding. Common Sense Capital Solutions is dedicated getting you approved for a loan. We also help you through the process as well.
If you leverage your loan correctly, you can make a huge difference in your business. Also, you significantly increase the amount of income each month. This lasts even after you make payments. Some of the most common uses for financing include:
A loan from the SBA helps your business in many different ways. Let us show you how.
Common Sense Capital Solutions is here to help your business succeed. Obtaining a small business loan from the Small Business Association is one way we do that. Ready to get started? Call us now.
If your small business is growing rapidly, you should be aware of an issue many businesses in your position face. As you receive larger and larger clients, you may receive a client whose needs are so large, you simply cannot afford to fulfill them. If this happens, it may seem like your only option is to turn them away. In reality, you have a much better option. Purchase order financing is a special type of loan that was designed specifically for business owners in this situation. If you take advantage of order financing, you can enjoy these benefits:
Common Sense Capital Solutions is here to provide you with the capital you need to succeed. Learn more about order financing.
The first thing that happens when you are approved for a purchase order loan is you receive the capital you need to fill your order. You are free to focus on fulfilling your client’s expectations as best you can. When it is time for your client to pay for your services, we collect a portion of the invoice and leave the rest of the profits for you. Turn to Common Sense Capital Solutions.
Small business owners have taken advantage of financing for years. It turns out this is a great option for healthcare practices as well. Because the people your practice treats have come to rely on your services, you cannot afford to close your practice down. At Common Sense Capital Solutions, we understand the important role your practice serves, that’s why we offer accessible healthcare financing options. There are many different types of financing. The different types each have their unique advantages. Some of the options to provide you with the working capital you need include:
If you think your practice could benefit from healthcare financing, turn to Common Sense Capital Solutions. We are dedicated to getting you approved for the most appealing loan possible. This is why our financial team always works alongside our clients to analyze their unique situation. After all, each business is different. The way we finance shouldn’t be the same. Give us a call today to see how we can help you.
In the modern world of business, financing is a hugely accessible and versatile option that nearly all small business owners have. Many are concerned that they may accumulate debt or be unable to be approved, but a loan that suits your exact needs properly will not put business owners at risk. In reality, there are many different types of financing, each with their own unique advantages. At Common Sense Capital Solutions, our dedicated team of financial experts will work alongside you to discover the most beneficial type of financing possible. Learn more about how your business can benefit from franchise financing.
When you receive working capital from Common Sense Capital Solutions, you have many options for how to leverage it. If you invest it wisely, you could significantly increase your profits. Some of the most common uses for financing include:
Your small business relies on the equipment used every day. Without them, it is much more difficult to stay operational. You should know that equipment financing is a readily available option to ensure you always have the equipment you need. Regardless of the reason, you can count on Common Sense Capital Solutions to make equipment financing a reality. We are dedicated to helping small business owners just like you get the working capital they need.
Financing is not a simple process, but there is one aspect that maximizes your chances of having a successful loan: customization. No two loans are the same, so you should find out what financing plan suits your needs exactly. At Common Sense Capital Solutions, we always work hard to find a plan that works best for you.
Choosing Common Sense Capital Solutions is choosing to trust a team of financial experts that are passionate about helping small business owners just like you. When you turn to us, we will always make a point of working alongside you to determine how your loan can be as beneficial as possible. Of course we would be happy to answer any questions you have, so give us a call today.
If you own a small business, you should know all the options you have to ensure its continued success. One of the very best tools that business owners have at their disposal is commercial real estate financing. At Common Sense Capital Solutions, we believe in your business’ ability to succeed and grow. The key to getting the most out of a small business loan is finding a plan that fits your needs specifically. Because no two businesses are the same, no two loans should be the same either. We have a dedicated financial team that always works with our clients to determine the most beneficial financing. Learn more about the different options you have.
Common Sense Capital Solutions is committed to making your small business a success. If you have any questions about financing or how we can help your business, we would be happy to answer them. Give us a call today to learn more.
If you have ever needed to use installment payments to purchase a product, then you have likely taken advantage of consumer finance. If your business sells high value products or services, you may benefit from a consumer financing program from Common Sense Capital Solutions. This program is great for businesses that sell services or products under $10,000. We can help you by purchasing Retail Installment Contracts, Revolving Credit Agreements or even your current loans portfolio. By offering more purchasing options to your customers, you may be able to take on more customers and increase your profit margin. Our program offers such benefits as:
⦁ Financing to customers with a FICO score of 580 and above
⦁ Instant credit processing
⦁ Flexible consumer interest rates
⦁ Tiered pricing
While not every business needs access to consumer finance, it is something to consider offering if your business deals with services or products that may be difficult for your customers to pay in a single transaction. Industries that are likely to benefit from this financing program include but are not limited to:
⦁ Medical practices
⦁ Private & vocational schools
⦁ And more…
If you do not yet have options for consumer finance, your business could be missing out on profits. Contact us today to learn more about this program.
Small business owners need to know all the tools they have to improve their business and ensure its continued success. Of course, many see taking out a loan as a risk of accumulating debt or hard to gain approval. There are many different types of loans. They each have their own advantages. One of the most appealing types of financing that address these concerns is the accounts receivable loan. This special type of financing is designed to be accessible and safe. Turn to Common Sense Capital Solutions to learn more about your financing options.
By financing receivables, you gain quick access to working capital, making it perfect for tackling unexpected expenses. You use an unpaid invoice as collateral. Then, when it is time for the invoice to be paid, we collect from your client instead. This means it is impossible to accumulate debt from an accounts receivable loan. Other benefits include:
If you think you could benefit from financing your accounts receivable, Common Sense Capital Solutions can help you. We believe in your business’s ability to succeed. Because we are always happy to answer any and all of your questions, you should give us a call today.