Need Financing for Machinery or Equipment? Match the Loan to the Asset Before You Buy
Businesses purchasing machinery, vehicles or other long-term assets may be able to use equipment financing or SBA 504 financing instead of draining operating cash.
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Raising Capital for a U.S. Growth Company? Investors Need More Than a Pitch Deck
Growth companies seeking venture capital need a clear investment case covering traction, scalable economics, market opportunity, capital requirements and measurable milestones.
Customer Owes Your Business Money? Turn Eligible Unpaid Invoices Into Working Capital
If your business completed the work but is still waiting for a customer to pay, eligible accounts receivable may support invoice financing and help unlock working capital sooner.
Need a $100K–$250K Business Line of Credit? See What Banks Typically Look For
Businesses seeking a traditional line of credit may need strong personal credit, one to two years in business, substantial annual revenue and consistent positive cash flow.
Need Financing to Buy a Business? Check SBA Acquisition Readiness Before You Make an Offer
Planning to buy a business and need financing? Review your credit, repayment ability, owner investment, business financials and existing debt before pursuing SBA or other acquisition funding.
Need Capital for Automation or Major Equipment? Match the Funding to the Asset
Automation, production machinery and other major equipment can improve capacity, but large fixed-asset purchases can also create substantial capital requirements. Businesses planning these investments should evaluate financing before committing cash to the purchase. Equipment financing appears among the business funding categories identified in Thomas Abelsen’s funding guide. For larger long-term fixed assets, SBA 504 financing…
Already Have Business Debt? Lenders Will Want Every Limit, Balance and Open Date
If you already have business credit cards, lines of credit or loans and are seeking additional capital, expect existing debt to become part of the funding conversation. The EIN Business Funding client profile specifically asks owners to list open business credit cards, business lines of credit and business loans. For each account, the requested information…
Bank Financing Too Difficult? Online Business Loans May Use Different Requirements
A business that does not meet traditional bank lending requirements may still have other financing categories to evaluate. Online and alternative small-business lenders commonly use different credit, revenue and operating-history benchmarks. Thomas Abelsen’s funding guide identifies typical online or alternative small-business loan benchmarks of approximately 600 to 680+ personal credit, six to twelve months in…
Need a Business Term Loan? Check the 600–680+ Credit and $100K Revenue Benchmarks
If your business needs a defined amount of capital for expansion, inventory, renovation or another planned expense, a business term loan may be one financing category worth evaluating. Thomas Abelsen’s business funding guide identifies typical term loan qualifications of approximately 600 to 680+ personal credit, at least one year in business, approximately $100,000 or more…
Credit Around 500–600 and Need Business Capital? Understand MCA Qualification First
Business owners with lower personal credit may still encounter financing options, but the product structure and cost can be very different from traditional bank financing. Merchant cash advances are one category that may use more flexible qualification standards. Thomas Abelsen’s business funding guide identifies common merchant cash advance benchmarks of approximately 500 to 600+ personal…