We recently had the pleasure of co-hosting a small business financing webinar with Fundation. We discussed small business loans and how they can benefit accountants, advisers and their clients. Read More.
We recently had the pleasure of co-hosting a small business financing webinar with Fundation. We discussed small business loans and how they can benefit accountants, advisers and their clients. Read More.
Your business may be on the smaller size, but that doesn’t mean you have any fewer responsibilities than big business owners do. In fact, you probably have more on your plate. Chances are you’re involved in operations, human resources, development, marketing – and, of course, finance. Read More.
It’s not just New Yorkers that are crazed about bagels. Turns out, Oregonians are also very into their bagels and they let their top vendors know it. Recently, we had a chance to speak with the owner of Spielman Bagels to learn more about the company and its substantial growth over the past year. Read More.
Not accessing expansion-oriented capital could mean a missed opportunity to gain on their competition. More nimble business owners seize on that opportunity like Utica, New York based auto-collision and repair shop, Whitesboro Frame & Body. We had a chance to speak with Bill Chromczak, the President of the company, to learn how financing through Fundation has expanded his business. Read More.
The most important thing to understand is what your options are so you do not waste your valuable time pursuing financing alternatives that you may not qualify for or may not be right for you. There are a wide variety of loan products available, but there are significant differences between each option. Before pursuing any of these options, you should first define two things: 1) what are your plans for using the cash, and 2) what type of business you are and your perceived credit quality. Read More.
Despite the fact that small businesses continue to be the lifeblood of the US economy, traditional bank lenders have neglected this important segment of the lending market. Fortunately, innovative alternative lending platforms such as Fundation have come to market by offering loans that can be funded in days. Recently, we sat down with the two founders of Fundation, Sam Graziano and Doug Gordon, to learn more about their company and how it may be the best new way for service-based businesses to obtain financing. Read More.
We recently contributed to Entrepreneur Magazine by providing an analysis of the alternative lending market for small to mid-sized business. Read More.
Many newly formed businesses rely heavily on startup capital from friends, family and in some cases accredited investors. Founders typically put in some of their own money and may withdraw from their retirement to do so. Should you consider using your retirement to start a business? Read More.
It’s true that while crowd-funding sites have opened the door for many entrepreneurs that otherwise couldn’t obtain outside financing, it’s still not the best option for everyone. Case in point, for those entrepreneurs with a highly confidential business model. However, you shouldn’t always consider the absolute worst case scenario when sharing your ideas with others. A crowd-funding site may provide you with instant market feedback that you may not gain from an individual investor or a consortium of angel investors. So, what are your other options? Read More.