What Most Business Owners Dont Know But Need to About Business Financing
What Most Business Owners Dont Know But Need to About Business Financing
Too many business owners only think in terms of going to the bank for a Business Loan. Even in this category there are numerous variations. Some of these variations include:
• Start-up loans
• Working capital loans
• Revolving loans such as Business Line of Credit
• Balance sheet Loans
• Commercial Mortgages
• Bridging Loans
There are other cash flow solutions other than taking out a loan which adds debt to the balance sheet and uses up valuable credit facilities. Some of these include:
• Account Receivable Financing, such as Factoring
• Purchase Order Financing
• Inventory Financing
• Equipment Leasing
Some other Business Finance options are:
• Mezzanine Financing
• Business Credit Card
• Export Financing
• Quasi-equity
• Business over-draught
• Scientific Research & Tax Credit Financing
Above is only a partial list of available funding vehicles available to help companies grow their business.
There are also loans that are more risky and where a larger percentage of the amount is needed. These types usually require Venture Capitalists or Angel investors to get involved. These types of loans are extremely difficult to obtain because only about 2 out of every 10 deals that are approved end up being successful. It can also take from 100 to 500 deals for the investors to find the 10 to invest in.
Unfortunately the big banks do not offer all of the different options that are available. Some sources of funding are difficult to locate. It is always beneficial to obtain expert advice as to which type of funding best fits your situation. Trying to do it yourself can end up costing you more than it would to hire a professional. Your time is best spent working on your business. Business Finance Consultants, Business Loan Brokers and Business Finance Coaches can all assist you in determining the best type of funding for you. They can also assist you in obtaining the financing. It is better and more cost effective to hire an expert than to waste time and get the wrong financing.
For more information on Business Financing options contact:
Ray Ellis, BFC
AAray Financial Group
Phone: 905-877-9718
Email: busifinan@aarayfg.ca
This is first of a series of articles that will explain in more detail the different types of Business Finance Options that are available. I hope that you found it informative and will read the remaining articles in the series as they become available.
What Most Business Owners Dont Know But Need to About Business Financing - To learn more about this author, visit Ray Ellis's Website.
Like this article? Share it with your friends
It is amazing that only a small percentage of business owners are aware of all of the Business Financing options that are available to them. There are at least a couple of dozen different Business Financing options.
Too many business owners only think in terms of going to the bank for a Business Loan. Even in this category there are numerous variations. Some of these variations include:
• Start-up loans
• Working capital loans
• Revolving loans such as Business Line of Credit
• Balance sheet Loans
• Commercial Mortgages
• Bridging Loans
There are other cash flow solutions other than taking out a loan which adds debt to the balance sheet and uses up valuable credit facilities. Some of these include:
• Account Receivable Financing, such as Factoring
• Purchase Order Financing
• Inventory Financing
• Equipment Leasing
Some other Business Finance options are:
• Mezzanine Financing
• Business Credit Card
• Export Financing
• Quasi-equity
• Business over-draught
• Scientific Research & Tax Credit Financing
Above is only a partial list of available funding vehicles available to help companies grow their business.
There are also loans that are more risky and where a larger percentage of the amount is needed. These types usually require Venture Capitalists or Angel investors to get involved. These types of loans are extremely difficult to obtain because only about 2 out of every 10 deals that are approved end up being successful. It can also take from 100 to 500 deals for the investors to find the 10 to invest in.
Unfortunately the big banks do not offer all of the different options that are available. Some sources of funding are difficult to locate. It is always beneficial to obtain expert advice as to which type of funding best fits your situation. Trying to do it yourself can end up costing you more than it would to hire a professional. Your time is best spent working on your business. Business Finance Consultants, Business Loan Brokers and Business Finance Coaches can all assist you in determining the best type of funding for you. They can also assist you in obtaining the financing. It is better and more cost effective to hire an expert than to waste time and get the wrong financing.
For more information on Business Financing options contact:
Ray Ellis, BFC
AAray Financial Group
Phone: 905-877-9718
Email: busifinan@aarayfg.ca
This is first of a series of articles that will explain in more detail the different types of Business Finance Options that are available. I hope that you found it informative and will read the remaining articles in the series as they become available.
What Most Business Owners Dont Know But Need to About Business Financing - To learn more about this author, visit Ray Ellis's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
|||
Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
|||
John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
|||
David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
|||
Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
|||
Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
|||
Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
|||
David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to Ray's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
|
||
|
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Telemarketing Success Dream Boards Business Plan Sample Campaigns to Customers Home Party Plan Mistakes |
|
 | ||
 |
The Top 10 Guy Kawasaki Posts
Best Posts for Entrepreneurs | |
 |
Top 50 Diversion Blogs
Top Diversion Blogs of 2009 | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
