Best Sba commercial real estate loan providers Denver, CO? Sale and lease back option: In this program, businesses have the option of leasing the equipment until all payments have been made. Then, the business will own the equipment at the end of the lease agreement. Startup businesses: This program is specifically designed for new businesses that have existed for two years or less. Instead of having to pay for the equipment upfront and spend precious monetary resources, startups can finance any heavy equipment and grow the business without the worry of huge financial loss. Aspen Commercial Lending offers the equipment financing you need to help your business thrive. Contact us to speak with an expert today to learn more about this opportunity and begin the process to secure this type of financing today.
Bad management. Another common reason why small businesses fail is because they don’t have the right management. The business owner is often the senior-level person in small businesses. While the owner may have the skills necessary to create and sell great products, they may not be right for the role of manager. A strong management team is key to keeping a business up and running smoothly. A subpar business model. Finally, many small businesses overlook the importance of planning. A solid business plan should include a description of the company, current and future employee needs, capital needs, a marketing plan, and competitor analysis. Entrepreneurs should have an understanding of the industry that they are entering before starting their company.
Finally, another option to consider is a government-insured loan like the Federal Housing Administration, or FHA, loans. The 203k loan program, for instance, lends out funds for purchasing multi-unit properties. However, this program may only be available to consumers wanting to buy owner-occupied places, and not to those looking for investment alone. Owning commercial real estate can not only diversify your business’s investment portfolio but can bring in a side stream of income as well. Keep these top financing options in mind and you’ll be on your way to pursuing the commercial property ventures your business needs. Find extra details on Equipment Financing.
If you struggle to get approved for a small business loan or any other type of loan from a traditional bank or credit union, it may be time to explore more creative options. At Aspen Commercial Lending, we offer business owners the opportunity to borrow against their credit card sales via a process called merchant cash advance. If your business is approved for a cash advance, our team at Aspen Commercial Lending will give you up to $200,000 for each business location. Your advances are then taken against your credit card sales to come. We don’t discriminate against credit card companies and will gladly advance funds against sales from MasterCard, Visa, Discover, American Express or any other eligible company. Once approved, you can expect your funds in no more than seven days.
If your business owns or is looking to own commercial property, then you need commercial real estate financing from Aspen Commercial Lending. Whether you have a commercial property at home or abroad, we have the loan your business needs. A loan from Aspen Commercial Lending is about more than just the money you receive for your project. You also receive a slew of benefits related to the financing available. Each funding option has different requirements, funding limits and benefits. That being said, some of the benefits you may receive include the following: Funds from $5,000,000 to $22,000,000,000 plus depending on type of loan, Interest-only and full amortization, Low, fixed rates, Non-recourse and recourse options , LTV up to 100%, For use on a variety of properties, Lengthy terms up to 25 years. Find extra info on https://aspencommerciallending.com/.