Posted by Patrick Moreau on February 20, 2021 in Business
Best accounts receivable financing offers Denver? Whether you own a medical clinic, dental practice, chiropractic office or a veterinary clinic, you need reliable financing to help support business operations and purchase equipment. Talk to the financing team at Aspen Commercial Lending about healthcare financing today. Did you go into debt pursuing your medical degree and license? What about what you opened your practice? Regardless of your situation, sky high interest rates and varying payments are likely dragging you down. Don’t let them anymore. Apply today to consolidate your debt into one low monthly payment and get approved in as little as 24 hours. Medical equipment is costly to purchase and even more so to upkeep. Take the financial stress out of buying equipment and lease it. We offer several payment options and the opportunity to take up to 50% off soft costs.
Gather documents and develop a business plan. Traditional lenders will require your business to submit a wide range of financial and legal documents during the application process. You will have to show income tax returns, balance sheets and income statements, bank statements, and all legal documentation for your business. A solid plan will give lenders more confidence in your company. Provide collateral. Finally, you may have to provide some collateral for your small business loan. This collateral can be equipment, real estate, or inventory the lender can seize if you don’t make your payments. Collateral is simply a way for lenders to recover the money if your business fails. We hope that these tips help you understand how to qualify for a small business loan. Starting a business is a rewarding experience, but not everyone has the capital to get started. If you got a great idea, an excellent credit score, and a solid business plan, you can apply for a small business loan to help get your business off the ground. Contact us if you have further questions or would like to get started on the process!
Finally, another option to consider is a government-insured loan like the Federal Housing Administration, or FHA, loans. The 203k loan program, for instance, lends out funds for purchasing multi-unit properties. However, this program may only be available to consumers wanting to buy owner-occupied places, and not to those looking for investment alone. Owning commercial real estate can not only diversify your business’s investment portfolio but can bring in a side stream of income as well. Keep these top financing options in mind and you’ll be on your way to pursuing the commercial property ventures your business needs. Find even more info on Commercial Lending.
At Aspen Commercial Lending, we don’t want to tell you how to use your loan money, so we won’t. Whether you wish to finance commercial property, want to purchase an industrial building or plan to boost your equipment inventory, we’re simply happy to know we had a role in helping you grow your business. Two common uses for a small business loans are to finance industrial and commercial real estate and to purchase new equipment. Before approving a business for a small business loan, our lending team looks to a few different performance indicators. The two primary factors we will consider when you apply are your business’s cash flow and how well your business is managed. Once you apply, you may receive a prequalification in as little as 48 hours.
Whether you have an owner-occupied or an investment property, there is a real estate loan to suit your needs. Our loans cover a wide range of properties including storage units, hospitals and healthcare centers, rental housing and even construction properties around the world. Among Aspen Commercial Lending’s portfolio of products are these commercial real estate financing options: Conventional loans; SBA 504 and 7a funding; Bridge financing; Construction monies; International funding; Mezzanine and equity loans; FHA and HUD loans; Commercial mortgage backed security funding. Our experts can help you determine which financing option best suits your commercial property needs and tell you more about the specific details and benefits of each loan. All you have to do is give us a call at your earliest convenience. Your company deserves a loan that helps you reach your full potential as a business in terms of commercial property. Contact Aspen Commercial Lending today to get started on your application for commercial real estate financing. Our experts can help you choose the right loan and secure your property financing. See additional information on https://aspencommerciallending.com/.