Rate isn’t always the best thing...

I’ve been lending to small businesses for quite a few years now and I’ve heard all kinds of questions about our financing products. How does the end of contract buy out work? What kind of credit do they need to have? What do you require…

Tips for Obtaining Financing - Despite Challenged Credit

By:  Doug Houlahan, EVP, Maxim Commercial Capital Did your bank turn down the credit application for your small or mid-sized business because your personal credit (FICO) score is less than stellar?  You aren’t alone!  Entrepreneurs bootstrapping…
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Leasing your Company Vehicle

A company vehicle can be a real asset to the business depending on the industry. When deciding to lease a company vehicle there are many factors you must consider:   Type of vehicle Age of vehicle Use of vehicle Tax implications Lease…
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Get trade terms from vendors and suppliers

Boost your small business’ finances and build strong credit. Get trade terms from vendors and suppliers. Even if business is great, it can sometimes seem like the “exit” door to your bank account is bigger that the entry. Negative…

Making Sense of the Financing Process

The financing process runs like clockwork here at SFG. After all, we are in the financing trenches all day, every day. We understand that to people on the outside of the financing world, the process might not be second nature. In fact, it’s…
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Interest rates sure to rise this year

With interest rates sure to rise this year, is now the right time to borrow? If you're going to need that money, you'd better think seriously about it.   You don’t need a crystal ball to conclude that interest rates will rise significantly…
Business Credit Myths That Can Cost You Money

Business Credit Myths That Can Cost You Money

Start building your business credit the right way. You know the adage: A little bit of knowledge can be a dangerous thing. That’s certainly true when it comes to credit, where a misstep can affect your credit scores for months or years,…

Online Lending Means the Bank's 'No' is Not the Last Word Any More

When many think of online lending, they think of loan sharks, payday loans, or scams. They define online lending by early products like MCAs (merchant cash advances) or short-term loans and write the industry off under the assumption that all…

What the government can do to help small business.

Access to Capital for Small Businesses The driver of capitalism is, of course, capital. So, it makes sense to make it easier for small businesses to obtain capital to aid in business expansion. It is important that lenders behave responsibly…
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Your Business Credit Score Can Impact Funding Terms

Good business credit can help you qualify for more credit at lower rates and have a positive effect on your repayment terms. Lenders consider a number of factors before deciding whether to help fund your business needs. Amongst these factors,…