Business Money News
The Business Money Blog complements the Business Money Source.com website by:
Letting you know when new pages are added to our website.
Making you aware of changes in funding programs.
Letting you know of additional information and special offers that may help you in your search for business money.
Jan 18, 2021
What Is Your Problem?
Whether you are seeking working capital for an existing business, a commercial loan to purchase or refinance, a commercial construction loan, a manufacturing or industrial project loan, a farm loan or other financing here in the USA, the money is available!
Business Money Source, LLC offers many kinds of lending programs from various funding sources. It is very likely there is one or more of our lending programs will suit your financial needs and business objectives. Even if your business has experienced some rough spots with credit or cashflow, Business Money Source will work with you.
Start today by filling out the Initial Business Form on the Business Money Source website and give a brief description of your business financial needs:
Jan 14, 2021
Six Mistakes People Make When Applying For A Business Loan
Download the free Business Money Source report “Six Mistakes People Make When Applying For A Business Loan”, learn how to avoid common pitfalls and get financing for your business needs.
Continue reading "Six Mistakes People Make When Applying For A Business Loan"
Jan 11, 2021
Can I Get Business Money During The COVID-19 Crisis?
The answer is yes, if your Business is in the United States! Business Money Source has access to three different lending programs to help business owners, like you during this time of lost revenue because of the Corona virus.
Program 1: Real Estate Secured Business Loan
If your revenue is greatly reduced or gone altogether due to limited service or shutdown, you can use real estate to secure a loan.
These loan option is ideal for any service based business that has been affected by the COVID-19 shutdown: bars, barbershops, gyms and fitness centers, day-care centers, restaurants, motels and hotels, hair and nail salons, retail stores and many other business.
Program 2: Loans for Healthcare and Supermarkets
Probably no businesses have been hit harder or stressed more than those in healthcare and the food supply chain. This is a special lending program for the Healthcare Industry and Supermarkets. Funding will be aggressive with flexible and attractive terms.
Program 3: Accounts Receivable And Factoring
This program is geared towards businesses that had substantial business revenue before the COVID-19 shutdown and have accounts receivable or invoices to factor. This loan has a term of 12 months. The business must have been operating for 1 year and have a minimum revenue of $300,000/yr. You, the business owner must have a minimum credit score of 650.
Click the Link to learn more and get a loan today.
Learn more and apply for a loan here:
Continue reading "Can I Get Business Money During The COVID-19 Crisis?"
Jan 10, 2021
The Core Elements Of Your Executive Summary
Your loan application should include a brief Executive Summary to give the lenders information of your funding requirements. Your Executive Summary should include the following items:
Detailed identification of you, the loan applicant.
The nature and description of your project or business, cost of the project, financial situation/equity in the project
Loan amount that you are requesting.
Type and value of collateral to secure the loan.
Profile of your management team (key personnel) who are involved in the day-to-day operation of your project or business.
Pro Forma (cash flow forecast for at least 3 years).
How you will repay the loan amount.
Contact Business Money Source.com with any questions.
Continue reading "The Core Elements Of Your Executive Summary"
Jan 06, 2021
Business Money Source, LLC
Your one-stop online information and business money source where you can find business financing you need now
Dec 29, 2020
Sign up for the free BM$ Success Newsletter
Sign up and keep abreast of funding opportunities for your business
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Dec 28, 2020
Get A Short-Term Business Loan For The New Year! (USA Only)
Restaurants, Bars, Caterers, Bakeries, Specialty Food, Liquor Stores
Automotive Repair and Service
Barber Shops, Salons, Spas
Doctors, Dentists, Chiropractors, Veterinarians
Many other Brick and Mortar Retail Establishments
Loans are customized to fit your business needs:
Interest-Only Flex Pay: Get the lowest payment possible, paying only interest for the first 5 months of your loan term.
Lines-of-Credit: Get access to a no-fee line-of-credit for unexpected expenses or to take advantage of new opportunities to grow your business.
Flex-Pay Loans: If your revenue is low now expected to rise, a flex pay loan allows your to defer up to 50% of the principal into the future, resulting in low payments now.
If you would like to learn more about this hot new program to save or grow your business, please go to this link and fill out the short secure application. You could be days away from getting the business money that you need.
Note: This loan program is only available to existing businesses located in the United States.
Continue reading "Get A Short-Term Business Loan For The New Year! (USA Only)"
Dec 14, 2020
Unsecured Short-Term Bank Loan and Lines-of-Credit
Only available for U.S. businesses
Loan amount increased to $450k single or $675k multiple locations
1) Minimum time in business: 12 months
2) Minimum credit score: 551
3) Minimum avg monthly cash & credit & credit card revenue: $10k
Continue reading "Unsecured Short-Term Bank Loan and Lines-of-Credit"
Dec 13, 2020
75% Loan-To-Value Commercial Property Loans (USA Properties Only)
$500,000 - $5,000,000 Loan amount
Hotels/Motels – Franchised only – Purchase or Refinance - No construction
Gas Stations – Branded only – Purchase or Refinance
R.V. Parks – Good quality only - Purchase or Refinance
Multi-Use (Office/Retail/Warehouse) – Purchase or Refinance
Continue reading "75% Loan-To-Value Commercial Property Loans (USA Properties Only)"
Click here to learn the cold hard fact about commercial, large-project and international loans
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