Crestmont Capital Blog

It might be worth considering a business debt consolidation if you are carrying multiple business loans. It is a great way to streamline your debt repayment into a single monthly payment, ideally at a lower interest rate. It can make repaying business debt more affordable and manageable, especially if you are consolidating high interest forms of financing credit cards, lines of credit or merchant cash advances.

Every business needs cash. One of the most common business failures is the lack of cash a business has and also because of poor cash management. Cash problems can kill business that would have survived otherwise.

If you plan to obtain funding, you should start with a solid business plan. If your business plan is convincing, then your chances of obtaining funding are greatly enhanced. Lenders and investors want to see proof that customers want your product or service and are willing to buy it for a price at which you can make a profit. The more tangible evidence you offer of this claim, the better chance you have.

Most businesses need financing or will need financing at some point. Cash flow is different from profits, so profits do not guarantee money in the bank. There’s financing needed to manage starting costs, inventory, waiting to get paid, and other factors.

You have probably heard of the term “venture capital” before but you might not be one hundred percent sure on what it means. It is an investment method that can help you to get your startup off the ground. You can also use it if your company exists already, but you are trying to expand and take things to the next level.

You took the time to develop a plan and submitted it to investors. You are comfortable with the plan, but several investors have declined you.

So, you have applied for financing and have received a preapproval or an offer letter but how do you know if that funding option is right for you? Taking out a small business loan is a big decision that should be taken seriously. Today we will go over how to evaluate a loan offer, so you make the best decision for your business.

One of the most important tasks of a small business owner is finding capital for their business. However, most business owners have no idea about where to start when it comes to finding money. This is crucial to understand because your business needs capital. Your capital needs will change over time, which is why you need to build a strategy for capitalizing your business from the beginning. This is where most business owners fail. They come up with great concepts, good marketing, hire the right people but they fail because they never planned for the capital their business needs.

When you start a new business, you might need some funds, but you might lack the money to invest in yourself. So how do you get the funds without losing equity in your business? Start-up investment usually involves equity. Why else does somebody risk money?

A partnership is a business with more than one owner that has not filed papers with the state to become a corporation or limited liability company (LLC). There are two types of partnerships – general partnerships and limited partnerships. Today we will only discuss general partnerships – those in which every parent has a hand in the management of the business.